2024-10-28T12:13:44-07:00 2023-12-31 260701023 Olson Reyes & Sauerwein LLC 5161 E Arapahoe Road Suite 100 Centennial CO 80122 990 2023-01-01 830718126 LATINO COMMUNITY FOUNDATION OF COLORADO INC LATI 7209237614 2250 S ONEIDA STREET SUITE 102 DENVER CO 80224 CARLOS MARTINEZ President & CEO 2024-10-28 true true DEREK WATADA P01751412 3038895981 2023 2024-10-15 13:58:12Z CARLOS MARTINEZ 2250 S ONEIDA STREET SUITE 102 DENVER CO 80224 4526389 false X LATINOCFC.ORG X 2019 CO THE FOUNDATION'S MISSION IS TO WORK HAND IN HAND WITH OUR DIVERSE COMMUNITIES TO CREATE CULTURALLY RESPONSIVE STRATEGIES THAT BUILD INFLUENCE, EQUITY AND OPPORTUNITY FOR ALL LATINO COLORADANS. THE FOUNDATION'S VISION IS A COLORADO WHERE LATINOS ARE UNITED AND ADVANCING THEIR COLLECTIVE POWER. 11 11 9 27 0 8347929 4048461 55000 132500 7148 345428 0 8410077 4526389 700398 1091512 0 795007 979873 0 167849 1122551 1013949 2617956 3085334 5792121 1441055 13656884 14692111 1092064 166073 12564820 14526038 THE FOUNDATION IS A STATE-BASED PHILANTHROPIC FOUNDATION - LED BY LATINOS AND FOR LATINOS. THE FOUNDATION PURSUES CIVIC, ECONOMIC, AND CULTURAL OPPORTUNITIES THAT DRIVE A MORE AUTHENTIC NARRATIVE ABOUT LATINOS IN THE STATE AND CEMENT A HEALTH AND VIBRANT FUTURE WHERE ALL LATINO COLORADANS WILL PROPER. THE FOUNDATION'S MISSION IS TO WORK HAND IN HAND WITH OUR DIVERSE COMMUNITIES TO CREATE CULTURALLY RESPONSIVE STRATEGIES THAT BUILD INFLUENCE, EQUITY, AND OPPORTUNITY FOR ALL LATINO COLORADANS. THE FOUNDATION'S VISION IS A COLORADO WHERE LAINOS ARE UNITED AND ADVANCING THEIR COLLECTIVE POWER. false false 2544171 1091512 132500 The Latino Community Foundation of Colorado (LCFC) is committed to advancing leadership, strengthening nonprofits, and building resilient communities across Colorado. In 2023, LCFC made significant strides in fulfilling its mission through a series of impactful initiatives:Strengthening Leaders:LCFC focused on empowering nonprofit leaders through targeted initiatives such as Leadership Roundtables (LRTs) and Executive Director retreats. These platforms provided essential capacity-building opportunities, fostering resilience and sustainability among leaders who are vital to the success of their organizations andcommunities. Over the year, LCFC held 7 Leadership Roundtables, attended by 206 leaders, and hosted 2 Executive Director retreats, contributing over 1,442 hours to leadership development and holistic well-being.Strengthening Nonprofits:LCFC advanced the organizational capacity of Latino-led and serving nonprofits through programs like Adelante Colorado, Ayuda Colorado, and the Colorado Communities of Color Loan Fund. The Adelante Colorado Cohort supported 22 organizations with 110 hours of capacity building and distributed $941,262 ingrants to strengthen infrastructure and leadership. The Colorado Communities of Color Loan Fund, with a goal to raise $5 million by 2026, approved $525,000 in loans to support organizational resilience and growth.Strengthening Communities:LCFC played a pivotal role in enhancing community cohesion and support through initiatives like the Latinas LEAD Power Summit and the Soul Players of the Valley. These programs fostered authentic partnerships, expanded opportunities, and ignited a sense of possibility in communities across the state. The Latinas LEAD Power Summit, attended by over 470 participants, featured 28 Latina speakers and generated 71,000 social media impressions.Innovating Strong & Equitable Systems:LCFC's work in innovating and designing equitable systems was exemplified by its partnership with the Department of Local Affairs to implement the Small Nonprofit Infrastructure (NPI) grant program. This initiative provided $35 million in federal ARPA funding to support small Colorado-based nonprofits, with a focus on eliminating barriers to funding and ensuring equitable access. LCFCs efforts provided 1,375 hours of technical assistance to 401 applicants, resulting in grants awarded to nonprofits serving communities of color, LGBTQ+ communities, immigrants, and refugees across rural and urban Colorado. Through these initiatives, LCFC has not only supported the immediate needs of nonprofit leaders and organizations but also laid the groundwork for long-term, sustainable change in Colorado's Latino communities. 2544171 true true false false false false false false false true true false false false true true true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false true 29 0 true 9 true false false false false false false false 0 false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true false false X THE ORGANIZATION 7209237614 2250 S ONEIDA STREET SUITE 102 DENVER CO 80224 CARLOS MARTINEZ President & CEO 40.00 0.00 X 212840 0 20886 MIDY APONTE board member 2.00 0.00 X X 0 0 0 YESENIA ARREOLA Secretary 2.00 0.00 X X 0 0 0 ERIC ISHIWATA BOARD MEMBER 2.00 0.00 X 0 0 0 ELAINE TORRES BOARD MEMBER 2.00 0.00 X X 0 0 0 HOLLIE VELASQUEZ HORVATH BOARD MEMBER 2.00 0.00 X 0 0 0 THOMAS BRYAN Treasurer 2.00 0.00 X X 0 0 0 GUILLERMO J LAMBARRI BOARD MEMBER 2.00 0.00 X 0 0 0 SUSANA SALAMUN BOARD MEMBER 2.00 0.00 X 0 0 0 ELSA HOLGUIN Chairman 2.00 0.00 X 0 0 0 JUDI DIAZ BONACQUISTI BOARD MEMBER 2.00 0.00 X 0 0 0 LISA LUCERO BOARD MEMBER 2.00 0.00 X 0 0 0 212840 20886 1 false true false 0 4048461 4048461 CONFERENCE 900099 132500 132500 132500 345428 345428 0 0 0 0 0 0 0 0 4526389 132500 345428 X 1091512 1091512 0 0 0 233726 140236 65443 28047 0 602695 440241 94313 68141 0 81403 56494 15548 9361 62049 43062 11851 7136 0 0 0 0 0 0 540651 379593 136058 25000 0 113481 78756 21675 13050 73991 51350 14132 8509 0 38288 26572 7313 4403 20022 13895 3824 2303 0 131786 131786 0 0 1326 921 253 152 9880 6856 1888 1136 DISCOUNT EXPENSE 75580 75580 TELEPHONE AND INTERNET 5317 3690 1016 611 OTHER PROGRAM EXPENSES 3627 3627 0 3085334 2544171 373314 167849 10809654 1997680 0 2039046 2318964 635242 1064306 0 0 0 0 3900 5089 28972 28972 1325 0 9070235 129840 145321 0 0 37877 90516 13656884 14692111 54187 75557 1037877 90516 1092064 166073 X 2564497 3041329 10000323 11484709 12564820 14526038 13656884 14692111 1441055 520163 X false true X true false X 4153368 3669913 2359292 8347929 4048461 22578963 0 0 4153368 3669913 2359292 8347929 4048461 22578963 12726379 9852584 7247 15019 20569 7148 345428 395411 0 0 22974374 174942 0.42890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5366145 1358814 745691 680 7469970 152604 5236305 -22764 5366145 132035 21282 713 152604 117015 15019 132034 98290 11478 7247 117015 1.00000 true false false 22343 22343 6629 6629 OPERATING LEASE LIABILITY 90516 90516 X 5046552 520163 520163 4526389 4526389 3085334 3085334 3085334 Part V, Line 4: Intended uses of the endowment fund. ENDOWMENT FUNDS WILL BE USED TO SUPPORT THE LONG-TERM NEEDS OF THE ORGANIZATION. Part X : FIN48 Footnote THE FOUNDATION APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF YEAR END. true ADVOCATES AGAINST DOMESTIC AS PO BOX 696 TRINIDAD CO 81082 742285205 501(c)3 61340 0 FMV GENERAL OPERATING ALIANZA NORCO 3220 MESA VERDE ST FORT COLLINS CO 80525 832325518 501(c)3 10000 0 FMV GENERAL OPERATING CASA DE PAZ 20850 EAST 45TH AVE DENVER CO 80249 812239384 501(c)3 7500 0 FMV GENERAL OPERATING CENTER FOR COMMUNITY WEALTH B 2900 N DOWNING ST 1B DENVER CO 80205 852257483 501(c)3 49650 0 FMV GENERAL OPERATING CENTRO DE LA FAMILIA 1645 S Murray Boulevard COLORADO SPRING CO 80916 841435999 501(c)3 51000 0 FMV GENERAL OPERATING CHILD & MIGRANT SERVICES INC PO BOX 1038 PALISADE CO 81526 840831830 501(c)3 7500 0 FMV GENERAL OPERATING CO CHANGEMAKERS COLLECTIVE 12000 E 47TH AVE STE 113A DENVER CO 80239 832846355 501(c)3 49150 0 FMV GENERAL OPERATING COLOR COLORADO ORGANIZATION PO BOX 40991 DENVER CO 80204 841569021 501(c)3 87500 0 FMV GENERAL OPERATING CULTIVANDO 7190 COLORADO BLVD STE 300 COMMERCE CITY CO 80022 841499624 501(c)3 49000 0 FMV GENERAL OPERATING D3 ARTS 3614 MORRISON RD DENVER CO 80219 852081734 501(c)3 45000 0 FMV GENERAL OPERATING EL COMITE DE LONGMONT 455 KIMBARK ST LONGMONT CO 80501 840867626 501(c)3 47750 0 FMV GENERAL OPERATING FORT COLLINS COMMUNITY ACTION PO BOX 400 FORT COLLINS CO 80522 841575562 501(c)3 10000 0 FMV GENERAL OPERATING HISPANIC AFFAIRS PROJECT HAP 17 N 6TH ST MONTROSE CO 81401 271276653 501(c)3 7500 0 FMV GENERAL OPERATING IMMIGRANT LEGAL CENTER OF BOU 948 NORTH ST STE 8 BOULDER CO 80304 203001622 501(c)3 10000 0 FMV GENERAL OPERATING INSPIRE 9800 JASPER ST COMMERCE CITY CO 80022 464838755 501(c)3 45000 0 FMV GENERAL OPERATING INTEGRATED COMMUNITY PO BOX 880587 STEAMBOAT SPRIN CO 80488 461325467 501(c)3 54572 0 FMV GENERAL OPERATING ISAAC OF NORTHERN COLORADO 916 CHEYENNE DR FORT COLLINS CO 80525 832470471 501(c)3 7500 0 FMV GENERAL OPERATING LATIN AMERICAN EDUCATIONAL FO 1035 OSAGE ST 8TH FL DENVER CO 80204 846010415 501(c)3 93500 0 FMV GENERAL OPERATING LATINA SAFEHOUSE INITIATIVE PO BOX 11174 DENVER CO 80211 320298603 501(c)3 54000 0 FMV GENERAL OPERATING LATINO CULTURAL ARTS CENTER 2645 W 7TH AVE DENVER CO 80204 811705392 501(c)3 47300 0 FMV GENERAL OPERATING MOVIMIENTO PODER 1000 S GROVE ST DENVER CO 80219 841426652 501(c)3 55000 0 FMV GENERAL OPERATING MUSEO DE LAS AMERICAS 861 SANTA FE DR DENVER CO 80204 841197230 501(c)3 58000 0 FMV GENERAL OPERATING OUT BOULDER COUNTY PO BOX 1018 BOULDER CO 80306 841467134 501(c)3 10000 0 FMV GENERAL OPERATING PUEBLO HISPANIC EDUCATION FOU 215 S VICTORIA AVE STE J PUEBLO CO 81003 742498914 501(c)3 45000 0 FMV GENERAL OPERATING ROCKY MOUNTAIN WELCOME CENTER 10700 E EVANS AVE AURORA CO 80014 822971551 501(c)3 6250 0 FMV GENERAL OPERATING ROSE COMMUNITY FOUNDATION 4500 Cherry Creek Drive South DENVER CO 80246 840920862 501(c)3 15000 0 FMV GENERAL OPERATING TRAILHEAD INSTITUTE 1385 S COLORADO BLVD DENVER CO 80222 841267213 501(c)3 27000 0 FMV GENERAL OPERATING VIVE FAMILY WELLNESS PO BOX 11003 DENVER CO 80211 814059452 501(c)3 20000 0 FMV GENERAL OPERATING VOCES UNIDAS DE LAS MONTANAS PO BOX 3157 GLENWOOD SPRING CO 81602 850993139 501(c)3 54000 0 FMV GENERAL OPERATING 0 29 Grantmaker's Description of How Grants are Used ALL GRANTS ARE ADMINISTERED THROUGH A GRANT AGREEMENT THAT DETAILS USE OF THE GRANT AND REPORTING REQUIREMENTS AND IS SIGNED BY LCFC AND THE GRANTEE AUTHORIZED REPRESENTATIVE. EVERY GRANT MUST SUBMIT A REPORT. BOTH THE AGREEMENT AND THE REPORTS ARE DONE THROUGH A GRANT PORTAL SOFTWARE TO ENSURE PROPER RECORD KEEPING AND COMPLIANCE. THROUGHOUT THE PERIOD OF AN ACTIVE GRANT, OUR VP OF PHILANTHROPY ALSO CONDUCTS AT LEAST ONE TELEPHONE CHECK-IN. X false false false false false false false false false CARLOS MARTINEZ President & CEO 190000 22840 20886 233726 Form 990, Part VI, Section B, Line 11b THE 990 IS REVIEWED IN DETAIL BY THE EXECUTIVE DIRECTOR, THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, Line 12c OFFICERS AND BOARD MEMBERS ARE EXPECTED TO TAKE INITIATIVES TO SHOW POTENTIAL OR ACTUAL CONFLICTS OF INTEREST AND COMPLETE AND SIGN AN APPROPRIATE FORM. Form 990, Part VI, Section B, Line 15a THE BOARD OF DIRECTORS REVIEW THE PERFORMANCE OF THE EXECUTIVE DIRECTOR ANNUALLY. SALARY FOR THE EXECUTIVE DIRECTOR IS DETERMINED BASED ON SIMILAR SIZED AND TYPE OF ORGANIZATIONS. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST.