Cotopaxi Foundation
The Cotopaxi Foundation is a Utah-based private 501(c)(3) nonprofit organization and corporate foundation based in Salt Lake City. Established in January 2020, the foundation is the philanthropic arm of Cotopaxi, an impact-driven adventure brand and Certified B Corporation. The foundation receives 100% of monetary donations from Cotopaxi customers on a monthly basis, as well as 1% of Cotopaxi's annual revenue, which it distributes to support various initiatives focused on poverty alleviation and community engagement.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$547K
+268.5% YoY
Annual Giving
$902K
-35.2% YoY
Grant Count
17
-34.6% YoY
Avg Grant Size
$53K
-0.9% YoY
Mission & Focus Areas
The Cotopaxi Foundation's overarching goal is fighting poverty and advancing a higher standard of living for all. The foundation aims to boost grantmaking, democratize impact, and help make a bigger difference in the communities it touches.
Primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Health and Wellness
- Community Health
- Immigration-related nonprofits
Grantmaking
The foundation made 26 grants in 2024. Grant sizes range from $500 to $230,000, with a median grant amount of $35,000.
Grant Range
s range from $500 to $230,000, with a median grant amount of $35,000.
How to Apply
details are available in the sources.
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Geographic Focus
Where this funder awards grants
The foundation supports initiatives across multiple cities and states, including:
Cities: Atlanta, Bogota, Bellevue, Boise, Boulder, Brooklyn, Burlington, Chicago, Denver, Golden, Hartford, Jenkintown, Kennett Square, Logan, Los Altos, Los Angeles, Miami, New York, Oakland, Park City, Portland, San Francisco, Seattle, Santiago, Taipei, Tianjin, Tucson, and Washington
States: Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Idaho, Illinois, New York, Oregon, Pennsylvania, Utah, Vermont, and Washington
Primary grantmaking focus areas include New York, Washington, and the District of Columbia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $546,943
- Total Revenue: $1,486,822
- Total Expenses: $1,117,006
- Total Giving: $902,042
As of December 2023:
- Total Assets: $148,000
- Total Revenue: $1,238,978
- Total Expenses: $1,472,863
The foundation showed significant growth in assets from 2023 to 2024, with a 20% increase in total grants and contributions year-over-year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $546,943 | $148,439 | $385,807 |
| Revenue | $1,486,822 | $1,238,978 | $1,246,903 |
| Expenses | $1,117,006 | $1,472,863 | $997,350 |
| Qualifying Distributions | $1,117,006 | $1,472,863 | $997,350 |
| Net Investment Income | — | — | — |
| Distributable Amount | $4,578 | $12,956 | $7,741 |
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
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by a team of volunteer directors and officers who serve without compensation:
- James Hampton (Director)
- Karyn McKenna (Director)
- Annie Agle (Director)
- Gary Bowen (Treasurer)
- Daniela Poulsen (Director)
- Ren Barrus (Director)
- Sabrina Astle (Director)
- Brad Hiranaga (Director)
- Damien Huang (Director)
- Charlie Clark (Director)
- Grace Zuncic (Secretary)
- Stephan Jacob (Director)
- Davis Smith (Director)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANNIE AGLE | Director | 1 | — |
| DANIELA POULSEN | Director | 1 | — |
| CHARLIE CLARK | Director | 1 | $105,969 |
| GRACE ZUNCIC | Director | 1 | — |
| STEPHAN JACOB | Director | 1 | — |
| DAVIS SMITH | Director | 1 | — |
| LINDSAY SHUMLAS | Treasurer | — | — |
| CRAIG ROWLEY | Director | — | — |
| MEGAN BLUMFELDER | Secretary | — | — |
| ANDREW LURKER | Director | — | — |
Recent News & Activity
Recent developments and announcements
In April 2025, Cotopaxi released its 2024 Impact Report, highlighting major strides in environmental and corporate responsibility, circularity, and community engagement. The report reaffirmed the company's commitment to leveraging its business to advance societal goals and fight poverty.
Utah-Based Cotopaxi Delivers Sustainable Products And Impact-Oriented GrantsThe foundation continues to expand its impact partnerships and grantmaking activities, with the foundation serving as a key mechanism for distributing customer donations and company revenue to support poverty alleviation efforts globally.
GitLab Foundation Announces Largest AI for Economic Opportunity Cohort Yet\Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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