Dusty and Katherine Loo Foundation
The Dusty and Katherine Loo Foundation, also known as the Bloom Foundation, is a private 501(c)(3) foundation based in Colorado Springs, Colorado. Established in 2016, the foundation operates as an independent grantmaking organization focused on catalyzing philanthropic action within the Colorado Springs and Pikes Peak region.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.8M
-6.3% YoY
Annual Giving
$526K
+39.6% YoY
Grant Count
25
+177.8% YoY
Avg Grant Size
$21K
-49.8% YoY
Under IRS private-foundation payout rules, Dusty and Katherine Loo Foundation reported a distributable amount of $336K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's philosophy centers on "action-oriented philanthropy" designed to inspire a thriving community. The foundation focuses on three primary areas of giving:
Arts — Supporting investment in the arts to engage community and inspire a vibrant Colorado Springs, reflecting the Loo family's background of artists, musicians, actors, and creatives.
Conservation — Advancing conservation efforts across the Pikes Peak region, based on the belief that a thriving community requires a thriving environment.
Education — Championing universal education as a catalyst for curiosity and community engagement, with emphasis on ensuring all children have access to the same resources.
The foundation champions organizations with innovative ideas and new perspectives that need strategic support to achieve their goals.
Grantmaking
Past funding has supported 100th anniversary initiatives, art endowments, museum capital campaigns, and educational programs.
Grant Range
s:** Typical awards range from $500 to $150,000, with a median grant size of $10,000.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Colorado, Kansas, and New York, with particular emphasis on the Colorado Springs and Pikes Peak region.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $7.26 million
- Total Revenues: $2.01 million
- Total Expenses: $722,000
- Total Liabilities: $1.4 million
- Total Grants and Contributions: $1.35 million
As of 2024:
- Total Assets: $6.8 million
- Total Giving: $526,131
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,799,148 | $7,255,044 | $5,719,580 |
| Revenue | $996,345 | $2,010,142 | $1,360,629 |
| Expenses | $985,475 | $722,416 | $889,996 |
| Qualifying Distributions | $780,206 | $637,277 | $839,128 |
| Net Investment Income | $81,341 | $635,145 | $5,566 |
| Distributable Amount | $335,656 | $264,156 | $201,466 |
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
97 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kansas University Endowment Association ($150,000), Penrose-St Francis Health Foundation ($125,000), Early Connections Learning Centers ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Kansas University Endowment Association Lawrence, KS | Loo Family Internships at the Spencer Museum of Art | $150,000 |
| UCCS Colorado Springs, CO | KPWE Scholarship - In Honor of Kathy Loo | $7,000 |
| Penrose-St Francis Health Foundation Centennial, CO | 2024 Pledge - John Zay Guest House | $125,000 |
| Cultural Office of the Pikes Peak Region Colorado Springs, CO | 2024 giving Tuesday matching grant | $1,000 |
| Gazette Charities Colorado Springs, CO | Empty Stocking Fund 2024 | $5,000 |
| Rocky Mountain Field Institute Colorado Springs, CO | Year end fundraising campaign - match | $5,000 |
| Kindred Spirits Foundation New York, NY | Bending towards the light production | $2,500 |
| Theatreworks Colorado Springs, CO | 2024 general operating support | $1,000 |
| Cheyenne Mountain Public Broadcast House Colorado Springs, CO | General operations | $2,500 |
| Colorado Springs Youth Symphony Colorado Springs, CO | Colorado give day matching grant | $1,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
James Loo — Chair (4 hours per week, no compensation)
Katherine Loo — Director (1 hour per week, no compensation)
Susan Pattee — Director (1 hour per week, no compensation)
The foundation operates with a hands-on leadership approach to selecting and supporting grantees' initiatives.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Susan Pattee | Director | 4 | — |
| Katherine Loo | Director | 1 | — |
| James Loo | Chair | 1 | — |
Contact Information
Address: 315 E Pikes Peak Ave Ste 120, Colorado Springs, CO 80903-1924
Phone: 719-520-5300
Website: https://www.bloomfdn.org
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Dusty and Katherine Loo Foundation fund?
The foundation's philosophy centers on "action-oriented philanthropy" designed to inspire a thriving community. The foundation focuses on three primary areas of giving: **Arts** — Supporting investment in the arts to engage community and inspire a vibrant Colorado Springs, reflecting the Loo family's background of artists, musicians, actors, and creatives. **Conservation** — Advancing conservation efforts across the Pikes Peak region, based on the belief that a thriving community requires a thr…
How do I apply for a grant from Dusty and Katherine Loo Foundation?
**Grant Sizes:** Typical awards range from $500 to $150,000, with a median grant size of $10,000. **Recent Activity:** In 2023, the foundation made 15 grants totaling $637,000 in distributions. Recent grantees include: • KU Endowment — $150,000 for Loo Family Internships at the Spencer Museum of Art (2023) • Rocky Mountain Field Institute — $15,000 for 2023 Technology Update (2023) • Gazette Charities — $10,000 for Empty Stocking Fund 2023 (2023) Past funding has supported 100th anniversary ini…
Where does Dusty and Katherine Loo Foundation make grants?
The foundation primarily funds organizations in Colorado, Kansas, and New York, with particular emphasis on the Colorado Springs and Pikes Peak region.
What size grants does Dusty and Katherine Loo Foundation award?
In 2024, Dusty and Katherine Loo Foundation awarded 25 grants totaling $526K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Dusty and Katherine Loo Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Dusty and Katherine Loo Foundation reported a distributable amount of $336K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Dusty and Katherine Loo Foundation's EIN?
Dusty and Katherine Loo Foundation's EIN (Employer Identification Number) is 81-1135752. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Dusty and Katherine Loo 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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