Aspen Business Center Foundation
The Aspen Business Center Foundation is a private foundation based in Aspen, Colorado, established in 1987. The foundation operates as a 501(c)(3) organization with a focus on philanthropic grantmaking to support various community and environmental initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$944K
-42.0% YoY
Annual Giving
$942K
-2.1% YoY
Grant Count
153
+16.8% YoY
Avg Grant Size
$6K
-16.2% YoY
Under IRS private-foundation payout rules, Aspen Business Center Foundation reported a distributable amount of $77K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation primarily funds environmental, land protection, wildlife conservation, medical, community, population, sports, education, arts and culture, and communication organizations. The foundation does not specify particular subject areas of focus but is known to fund initiatives within the city of Aspen and the state of Colorado.
Grantmaking
The foundation is an active grantmaker with significant annual giving activity. In 2024, the foundation made 144 grants totaling approximately $962,000, with an average grant size of approximately $31,000. Recent notable grants include:
Grant Range
of approximately $31,000. Recent notable grants include:
Average Grant
of approximately $31,000. Recent notable grants include:
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Geographic Focus
Where this funder awards grants
The foundation focuses its funding on initiatives within Colorado, with particular emphasis on the Aspen area and surrounding communities.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (2024):
- Total Assets: $944,137
- Total Revenues: $258,754
- Total Expenses: $1,112,592
- Annual Grants Awarded: $962,000 (131 grants)
Prior Year Data (2023):
- Total Assets: $1,627,805
The foundation's assets have fluctuated, with reported assets ranging from approximately $944,000 to $1.6 million depending on the fiscal year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $944,137 | $1,627,805 | $2,436,226 |
| Revenue | $258,754 | $-108,035 | $-162,853 |
| Expenses | $1,112,592 | $1,117,386 | $935,552 |
| Qualifying Distributions | $1,084,052 | $1,088,526 | $883,171 |
| Net Investment Income | $404,012 | $274,257 | $21,410 |
| Distributable Amount | $77,009 | $127,494 | $182,375 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Aspen Community Foundation ($100,000), Children's Hospital Foundation ($40,000), Aspen Valley Land Trust ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AFRICAN WILDLIFE FOUNDATION ASPEN, CO | WILDLIFE CONSERVATION | $7,500 |
| ALASKA CONSERVATION FUND ASPEN, CO | WILDLIFE CONSERVATION | $3,000 |
| ALETHEIA RESEARCH INSTITUTION ASPEN, CO | COMMUNTY | $10,000 |
| ALS THERAPY DEVELOPMENT INST ASPEN, CO | MEDICAL | $1,000 |
| ALZHEIMER'S DISEASE RESEARCH ASPEN, CO | MEDICAL | $6,000 |
| AMAZON BIODIVERSITY CENTER ASPEN, CO | ENVIRONMENT | $2,000 |
| AMAZON CONSERVATION ASSOCIATION ASPEN, CO | WILDLIFE CONSERVATION | $1,000 |
| AMERICAN CANCER SOCIETY ASPEN, CO | MEDICAL | $1,000 |
| AMERICAN FARMLAND TRUST ASPEN, CO | ENVIRONMENTAL | $2,500 |
| AMERICAN HIMALAYAN FOUNDATION ASPEN, CO | ENVIRONMENTAL | $2,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by a board of trustees who serve without compensation. Board members include:
- John P. McBride
- Laurie McBride
- John McBride Jr.
- Kate McBride Puckett
- Peter McBride
- Lester Pedicord
The foundation has zero employees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN P MCBRIDE | TRUSTEE | 5 | — |
| LAURIE MCBRIDE | TRUSTEE | 1 | — |
| JOHN MCBRIDE JR | TRUSTEE | 1 | — |
| KATE MCBRIDE PUCKETT | TRUSTEE | 1 | — |
| PETER MCBRIDE | TRUSTEE | 1 | — |
| LESTER PEDICORD | TRUSTEE | 1 | — |
Frequently Asked Questions
What does Aspen Business Center Foundation fund?
The foundation primarily funds environmental, land protection, wildlife conservation, medical, community, population, sports, education, arts and culture, and communication organizations. The foundation does not specify particular subject areas of focus but is known to fund initiatives within the city of Aspen and the state of Colorado.
How do I apply for a grant from Aspen Business Center Foundation?
The foundation is an active grantmaker with significant annual giving activity. In 2024, the foundation made 144 grants totaling approximately $962,000, with an average grant size of approximately $31,000. Recent notable grants include: • Aspen Community Foundation (ACF): $100,000 (Community) • Aspen Valley Land Trust (AVLT): $30,000 (Land Protection) • Aspen Center for Environmental Studies (ACES): $25,000 (Environmental) The foundation is open to new applicants, with approximately 12% of new …
Where does Aspen Business Center Foundation make grants?
The foundation focuses its funding on initiatives within Colorado, with particular emphasis on the Aspen area and surrounding communities.
What size grants does Aspen Business Center Foundation award?
In 2024, Aspen Business Center Foundation awarded 153 grants totaling $942K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Aspen Business Center Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Aspen Business Center Foundation reported a distributable amount of $77K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Aspen Business Center Foundation's EIN?
Aspen Business Center Foundation's EIN (Employer Identification Number) is 84-1042661. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Aspen Business Center Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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