2024-11-14T17:44:53-06:00 2023-12-31 840803727 REESE HENRY & COMPANY INC 400 E MAIN ST STE 2 ASPEN CO 81611 990 2023-01-01 841530768 TELLURIDE FOUNDATION TELL 9707288717 PO BOX 4222 TELLURIDE CO 81435 JASON CORZINE PRESIDENT & CEO 9707288717 2024-11-11 1 1 MARK S KAVASCH CPA P00107511 9709253771 2023 2024-10-15 13:58:12Z JASON CORZINE PO BOX 4222 TELLURIDE CO 81435 5608220 0 X WWW.TELLURIDEFOUNDATION.ORG X 2000 CO THE TELLURIDE FOUNDATION IS COMMITTED TO ENRICHING THE QUALITY OF LIFE OF THE RESIDENTS, VISITORS AND WORKFORCE OF THE TELLURIDE REGION. THE FOUNDATION DOES THIS BY DEVELOPING AND SUPPORTING INITIATIVES AND MAKING DIRECT INVESTMENTS THAT MAXIMIZE BENEFIT TO ALL, NURTURE SELF-RELIANCE, AND CREATE MEANINGFUL CHANGE. 29 28 10 112 0 0 3939514 4772261 303278 478896 -516442 357063 0 0 3726350 5608220 2393638 2860278 0 0 1161237 1163704 0 0 328955 1305582 1219473 4860457 5243455 -1134107 364765 15702846 17066932 2595481 2899183 13107365 14167749 X THE TELLURIDE FOUNDATION (THE FOUNDATION) IS COMMITTED TO PRESERVING AND ENRICHING THE QUALITY OF LIFE OF THE RESIDENTS, VISITORS AND WORKFORCE OF THE TELLURIDE REGION. THE FOUNDATION DOES THIS BY PROVIDING LEADERSHIP IN PHILANTHROPY, STRENGTHENING COMMUNITY GROUPS, SERVING AS A RESPONSIBLE STEWARD FOR ENTRUSTED FUNDS, AND SUPPORTING ACTIVITIES THAT CELEBRATE COMMUNITY. 0 0 4434585 2860278 GRANTS AND ASSISTANCE PROGRAMS - COMMUNITY AND SPECIAL INITIATIVE GRANTS FUNDED BY UNRESTRICTED AND RESTRICTED GIFTS FROM GENEROUS DONORS, THE FOUNDATION HAS AWARDED OVER $75 MILLION SINCE ITS INCEPTION IN 2000. ANNUALLY THE COMMUNITY GRANTS PROGRAM AWARDS APPROXIMATELY $1.1 MILLION THROUGH A COMPETITIVE GRANTS PROGRAM TO ELIGIBLE 501(C)(3) NONPROFITS THAT SERVE THE PEOPLE OF SAN MIGUEL, OURAY, AND WESTERN MONTROSE COUNTIES. THE COMMUNITY GRANTS ARE DECIDED BY A VOLUNTEER BOARD MEMBER GRANTS COMMITTEE. 172105 478896 EDUCATION AND CONSULTING - THE FOUNDATION CONDUCTS WORKSHOPS AND TECHNICAL ASSISTANCE FOR NONPROFITS TO INCREASE THEIR CAPACITY, CAPABILITIES, EFFICIENCY AND EFFECTIVENESS. SINCE THE FOUNDATION'S INCEPTION, IT HAS PROVIDED OVER 560 HOURS OF FREE OR SUBSIDIZED WORKSHOPS AND TECHNICAL ASSISTANCE TO REGIONAL NONPROFITS. THE FOUNDATION WORKS DIRECTLY WITH DONORS AND PROSPECTS TO PROVIDE PROGRAMS ON PHILANTHROPY AND PROGRAM ISSUES AND CONDUCT RESEARCH INTO RELEVANT EMERGING ISSUES. 4606690 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 44 0 1 10 1 0 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X X X JASON CORZINE 9707288717 PO BOX 4222 TELLURIDE CO 81435 ANNE ANDREW CHAIR - EXECUTIVE BOARD 2.00 X X 0 0 0 ANNE BROWN DIRECTOR 1.00 X 0 0 0 ARNIE CHAVKIN DIRECTOR 0.75 X 0 0 0 BOBBY STEIN DIRECTOR 0.50 X 0 0 0 BRIAN O'NEILL DIRECTOR 0.50 X 0 0 0 CHRIS PUCILLO TREASURER 0.50 X X 0 0 0 DAN JANSEN DIRECTOR 0.75 X 0 0 0 DAN TISHMAN VICE- CHAIR EXECUTIVE BOARD 0.50 X X 0 0 0 DANNY CRAFT DIRECTOR 0.50 X 0 0 0 DEEDEE DECKER DIRECTOR 0.50 X 0 0 0 ED BARLOW DIRECTOR 0.25 X 0 0 0 J TOMILSON HILL DIRECTOR 0.25 X 0 0 0 JESSE JOHNSON SECRETARY 0.50 X X 0 0 0 KAREN CONWAY VICE- CHAIR EXECUTIVE BOARD 1.00 X X 0 0 0 KENDRA BALLARD DIRECTOR 0.25 X 0 0 0 KEVIN HOLBROOK DIRECTOR 0.25 X 0 0 0 KIM FULTON DIRECTOR 0.50 X 0 0 0 LILIANA RACINE DIRECTOR 0.50 X 0 0 0 LIZ KORMAN DIRECTOR 0.25 X 0 0 0 MEGAN MCMANEMIN DIRECTOR - GRANTS CHAIR 0.75 X 0 0 0 REGINA LOPEZ-WHITESKUNK DIRECTOR 0.25 X 0 0 0 ROSS VALDEZ DIRECTOR 0.50 X 0 0 0 SARA BACHMAN DIRECTOR 0.75 X 0 0 0 STEVE RAYMUND DIRECTOR 0.50 X 0 0 0 RICK CHAVOLLA DIRECTOR 0.25 X 0 0 0 TRICIA MAXON DIRECTOR 0.50 X 0 0 0 TULLY FRIEDMAN DIRECTOR 0.25 X 0 0 0 XIMENA REBOLLEDO LEON DIRECTOR 0.75 X 0 0 0 BOB WHEELER DIRECTOR 0.25 X 0 0 0 JASON CORZINE PRESIDENT & CEO 45.00 X 231532 0 19108 ELAINE DEMAS EMPLOYEE 40.00 X 135219 0 0 APRIL MONTGOMERY EMPLOYEE 40.00 X 125061 0 0 491812 0 19108 3 0 1 0 0 30000 4742261 4000 4772261 OTHER PROGRAM INCOME 561499 209276 209276 FUND MANAGEMENT FEES 561499 207631 207631 PROGRAM EVENTS 561499 60489 60489 PROGRAM FEES 561499 1500 1500 478896 357063 357063 5608220 478896 0 357063 2410705 2410705 449573 449573 927136 707560 76993 142583 170853 130390 14188 26275 65715 50152 5457 10106 7021 3584 3437 83907 51584 31065 1258 6890 2161 1275 3454 522543 501957 20563 23 695 695 96038 87376 3367 5295 101271 77023 8263 15985 30855 29992 216 647 24438 20524 1645 2269 33216 29470 1419 2327 39945 19973 9986 9986 7857 1363 6494 BAD DEBT EXPENSE 141362 17920 123442 SPECIAL EVENTS 119435 14688 104747 IN KIND 4000 4000 5243455 4606690 307810 328955 -1 3417904 4887012 3949747 4200553 120758 174788 1141632 1132445 34781 10053 1421450 361763 1019127 1059687 6018898 5602394 15702846 17066932 236383 199770 981431 1331922 1377667 1367491 2595481 2899183 X 7806912 8157411 5300453 6010338 13107365 14167749 15702846 17066932 364765 695619 0 X 0 1 X 1 1 1 X 3624526 7528667 4706577 3939514 4772261 24571545 3624526 7528667 4706577 3939514 4772261 24571545 3398765 21172780 61345 111030 874715 131663 357063 1535816 26107361 1905910 0.81100 0.80980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17 510000 2761747 1 1 0 0 1300860 251985 1048875 120590 109778 10812 1059687 ALPINE BANK LOAN 367491 ZOMA FOUNDATION LOAN 1000000 1367491 6211443 695619 695619 5515824 92396 92396 5608220 5121705 0 5121705 121750 121750 5243455 PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS FROM SUPPORTED ORGANIZATION 92,396. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS PAID TO SUPPORTED ORGANIZATION 121,750. 1 7TH JUDICIAL DISTRICT CHILD ADVOCACY CENTER DBA DOLPHIN HOUSE 202086127 501C3 12000 0 OPERATIONS AH HAA SCHOOL FOR THE ARTS 232594045 501C3 20000 0 OPERATIONS ALPINE CHAPEL 830998314 CHURCH 6300 0 OPERATIONS BASIN CLINIC INC 840820573 501C3 28000 0 OPERATIONS BRIGHT FUTURES FOR EARLY CHILDHOOD AND FAMILIES 202169766 501C3 204500 0 OPERATIONS CFES BRILLIANT PATHWAYS 501C3 25000 0 OPERATIONS CHRIST IN THE CITY 841362818 CHURCH 10000 0 OPERATIONS COLORADO WEST LAND TRUST 501C3 17000 0 OPERATIONS CONSERVATION COLORADO 300037131 501C3 30000 0 OPERATIONS ECOACTION PARTNERS 364601622 501C3 10000 0 OPERATIONS EISENHOWER HEALTH FOUNDATION 501C3 25000 0 OPERATIONS FRESH FOOD HUB 501C3 13000 0 OPERATIONS FRESH WATER LIFE 501C3 18698 0 OPERATIONS HISPANIC AFFAIRS PROJECT 271276653 501C3 40000 0 OPERATIONS LITTLE RED SCHOOL HOUSE INC 840766361 501C3 5182 0 OPERATIONS MONTROSE REGIONAL LIBRARY DISTRICT 840589996 GOVERNMENT 10000 0 OPERATIONS MONTROSE WEST RECREATION INC 840824047 501C3 7500 0 OPERATIONS MOUNTAINFILM LTD 841271056 501C3 128000 0 OPERATIONS NORWOOD NORDIC ASSOCIATION 501C3 6000 0 OPERATIONS ONE COLORADO EDUCATION FUND 271333378 501C3 30000 0 OPERATIONS OURAY COUNTY SCHOOLS COMMUNITY RESOURCE CONSORTIUM INC 841453650 501C3 15000 0 OPERATIONS OURAY ICE PARK 841367668 501C3 25000 0 OPERATIONS OURAY TRAIL GROUP 841052921 501C3 30000 0 OPERATIONS OUTRIGHT ACTION INTERNATIONAL 943139952 501C3 25000 0 OPERATIONS PALM ARTS INC 270962251 501C3 9000 0 OPERATIONS PARADOX COMMUNITY CENTER 455626078 501C3 6000 0 OPERATIONS PENLAND SCHOOL OF CRAFTS 560623948 501C3 12500 0 OPERATIONS PHILANTHROPY COLORADO 710947313 501C3 7000 0 OPERATIONS POULTNEY HISTORICAL SOCIETY 237044602 501C3 10000 0 OPERATIONS RAINBOW SCHOOL AND DAYCARE CENTER INC 840747586 501C3 10000 0 OPERATIONS RECLAIMED INC 841897275 501C3 10500 0 OPERATIONS REGION 10 ECONOMIC ASSISTANCE AND PLANNING 840631483 501C3 56000 0 OPERATIONS RICHARD A & BARBARA W SNELLING CENTER FOR GOVERNMENT INC 501C3 9900 0 OPERATIONS RICO TRAILS ALLIANCE 820839610 501C3 5700 0 OPERATIONS RIDGWAY CHAUTAUQUA SOCIETY 454764455 501C3 10000 0 OPERATIONS RURAL HOMES LLC 455626078 501C3 250000 0 OPERATIONS SAN JUAN SYMPHONY 237414147 501C3 13500 0 OPERATIONS SAN MIGUEL AND OURAY COUNTIES JUVENILE DIVERSION PROGRAM 501C3 12000 0 OPERATIONS SAN MIGUEL EDUCATIONAL FUND KOTO 237317485 GOVERNMENT 24000 0 OPERATIONS SAN MIGUEL MENTORING PROGRAM 841502625 501C3 32500 0 OPERATIONS SAN MIGUEL WATERSHED COALITION 841500508 501C3 10000 0 OPERATIONS SECOND CHANCE HUMANE SOCIETY 841266231 501C3 8000 0 OPERATIONS SHERIDAN ARTS FOUNDATION 841166423 501C3 20000 0 OPERATIONS SOUTHWEST COLORADO MENTAL HEALTH CENTER 840506701 501C3 18000 0 OPERATIONS SOUTHWESTERN COLORADO AREA HEALTH EDUCATION CENTER 272461746 501C3 6000 0 OPERATIONS TELLURIDE ACADEMY 840945670 501C3 15000 0 OPERATIONS TELLURIDE ADAPTIVE SPORTS PROGRAM 841337870 501C3 27500 0 OPERATIONS TELLURIDE AIDS BENEFIT 841553698 501C3 21667 0 OPERATIONS TELLURIDE COUNCIL FOR THE ARTS AND HUMANITIES DBA TELLURIDE ARTS 840712952 501C3 10000 0 OPERATIONS TELLURIDE HISTORICAL MUSEUM 841034023 501C3 7500 0 OPERATIONS TELLURIDE HOSPITAL DISTRICT DBA TELLURIDE MEDICAL CENTER 263556757 501C3 20000 0 OPERATIONS TELLURIDE MEDICAL CENTER FOUNDATION 263556757 501C3 175000 0 OPERATIONS TELLURIDE MOUNTAIN SCHOOL 841481180 501C3 30000 0 OPERATIONS TELLURIDE R1 SCHOOL DISTRICT 980292700 SCHOOL 10000 0 OPERATIONS TELLURIDE SCIENCE RESEARCH CENTER 742369040 501C3 70000 0 OPERATIONS TELLURIDE SKI AND SNOWBOARD CLUB 841152879 501C3 22500 0 OPERATIONS TELLURIDE THEATRE 841153491 501C3 15000 0 OPERATIONS THE PINHEAD INSTITUTE 841605984 GOVERNMENT 65000 0 OPERATIONS TRI-COUNTY HEALTH NETWORK 274743848 501C3 90250 0 OPERATIONS TRUE NORTH YOUTH PROGRAM 464789197 501C3 22500 0 OPERATIONS TRUSTEES OF PRINCETON UNIVERSITY 210634501 SCHOOL 6668 0 OPERATIONS TRUSTEES OF UNIVERSITY OF PENNSYLVANIA SCHOOL 75000 0 OPERATIONS UNCOMPAHGRE MEDICAL CENTER 841071822 501C3 15000 0 OPERATIONS UNCOMPAHGRE WATERSHED PARTNERSHIP 462946756 501C3 10000 0 OPERATIONS WEEHAWKEN CREATIVE ARTS 753145854 501C3 9000 0 OPERATIONS WEST END FAMILY LINK CENTER 841611560 501C3 25000 0 OPERATIONS WEST END PUBLIC SCHOOLS 846014283 SCHOOL 30071 0 OPERATIONS WEST END TRAILS ALLIANCE 501C3 40000 0 OPERATIONS WORLD FOOD PROGRAM 133843435 501C3 10000 0 OPERATIONS 74 9 HARDSHIP GRANTS 118 184527 SCHOLARSHIPS 25 265046 PART I, LINE 2: AS RECOMMENDED BY THE COUNCIL ON FOUNDATIONS, THE FOUNDATION FOLLOWS BEST PRACTICES OF DUE DILIGENCE FOR GRANTEES BY 1) CHECKING CURRENT IRC SECTION CODE 501(C)(3) STATUS WITH THE IRS DATABASE, 2) CHECKING CURRENT COLORADO STATE "GOOD STANDING" STATUS, 3) REQUIRING DOCUMENTATION OF MISSION, BOARD OF DIRECTORS, CURRENT FINANCIAL AND AUDIT (IF AVAILABLE), AND 4) REQURING ALL GRANTEES TO REPORT BACK WITHIN 9 MONTHS OF FINANCIAL AND PROGRAM/PROJECT PERFORMANCE. X X X 0 0 0 0 0 0 0 0 0 JASON CORZINE PRESIDENT & CEO 231532 0 0 0 0 0 0 0 19108 0 250640 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION HIRES AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FEDERAL FORM 990. UPON SUBMISSION, THE DRAFT FORM 990 IS REVIEWED AND APPROVED BY THE FOUNDATION'S AUDIT COMMITTEE MEMEBERS AND MANAGEMENT STAFF. ONCE APPROVED, THE FOUNDATION EMAILS A WEB LINK OF THE FEDERAL FORM 990 TO EACH BOARD MEMBER TO VIEW BEFORE THE FINAL COPY IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE FOUNDATION ASKS BOARD MEMBERS AND STAFF TO COMPLETE A DISCLOSURE FORM WHICH REQUIRES THEM TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST. AFTER FULL DISCLOSURE, THE CONFLICTED FOUNDATION ASSOCIATE MAY BE PRESENT FOR DISCUSSION OF THE MATTER AT HIS OR HER DISCRETION. AN ASSOCIATE SHALL BE ALLOWED TO VOTE ON THE MATTER IF THE CONFLICT IS OF THE SAME DEGREE AS IF THE ASSOCIATE WERE A TRUSTEE OR MEMBER OF THE BOARD OF DIRECTORS OF A CORPORATION, WHICH WOULD BE ADVANTAGED OR DISADVANTAGED BY THE OUTCOME OF FOUNDATION ACTION OR INACTION. AN ASSOCIATE SHALL NOT VOTE ON THE MATTER IF THE ASSOCIATE'S PERSONAL FINANCIAL INTEREST WOULD BE ADVANTAGED OR DISADVANTAGED BY FOUNDATION ACTION OR INACTION. IN THE EVENT THERE IS A BREACH OF THIS POLICY OR ALLEGATION OF A BREACH BROUGHT BY A FOUNDATION ASSOCIATE, THE MATTER SHALL BE REVIEWED AND CONSIDERED BY THE EXECUTIVE COMMITTEE. IN ITS REVIEW OF THE MATTER, THE EXECUTIVE COMMITTEE SHALL DECIDE WHAT REMEDY, IF ANY, IS APPROPRIATE AND WHICH THE FOUNDATION SHALL IMPOSE. ANY PARTY TO THE MATTER MAY APPEAL THE DECISION OF THE EXECUTIVE COMMITTEE TO THE BOARD OF DIRECTORS, FOR REVIEW, CONSIDERATION AND FINAL DECISION BY THE BOARD OF DIRECTORS IN A PROCESS TO BE DETERMINED BY THE BOARD OF DIRECTORS, AND WHICH DECISION BY THE BOARD OF DIRECTORS SHALL BE FINAL. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION REVIEWS THE PERFORMANCE AND DETERMINES COMPENSATION FOR THE CEO BASED ON AN ANNUAL PERFORMANCE REVIEW SURVEY WHICH WAS COMPLETED BY EXECUTIVE COMMITTEE MEMBERS, A REVIEW OF THE PERFORMANCE SURVEY RESULTS WITH THE CEO AND MEMBERS OF THE EXECUTIVE COMMITTEE (INCLUDING THE BOARD CHAIR) AND A COMPENSATION COMPARISON BASED REVIEW ON THE INDUSTRY WIDE COUNCIL ON FOUNDATION OR COLORADO ASSOCIATION OF FUNDERS SALARY AND BENEFITS SURVEY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FEDERAL FORM 990, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON ITS WEBSITE AND/OR UPON REQUEST. THE FEDERAL FORM 990 CAN ALSO BE FOUND ON GUIDESTAR TO VIEW PREVIOUSLY FILED FEDERAL FORM 990. SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION TELLURIDE FOUNDATION PO BOX 4222 TELLURIDE, CO 81435 EMPLOYER IDENTIFICATION NUMBER: 84-1530768 TELLURIDE FOUNDATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F) TRI-COUNTY HEALTH NETWORK PO BOX 4220 TELLURIDE CO 81435 274743848 HEALTH & HUMAN SERVICES CO 501(C)(3) LINE 7 TELLURIDE FOUNDATION 1 PARADOX COMMUNITY TRUST PO BOX 4220 TELLURIDE CO 81435 455626078 WORKFORCE HOUSING CO 509(A)(2) LINE 8 TELLURIDE FOUNDATION 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 PARADOX COMMUNITY TRUST B 250000 COST TRI-COUNTY HEALTH NETWORK B 90250 COST TRI-COUNTY HEALTH NETWORK C 7899 COST PARADOX COMMUNITY TRUST L 2000 COST TRI-COUNTY HEALTH NETWORK L 54997 COST TRI-COUNTY HEALTH NETWORK P 15793 COST TRI-COUNTY HEALTH NETWORK Q 35653 COST PARADOX COMMUNITY TRUST R 75000 COST TRI-COUNTY HEALTH NETWORK S 1000 COST PARADOX COMMUNITY TRUST Q 32542 COST