First Ascent Charitable Foundation
First Ascent Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DENVER, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 8 grants totaling $216K. Net investment income was $154K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
-2.2% YoY
Annual Giving
$216K
+2.6% YoY
Grant Count
8
+14.3% YoY
Avg Grant Size
$27K
-10.2% YoY
Under IRS private-foundation payout rules, First Ascent Charitable Foundation reported a distributable amount of $275K for 2024 — the minimum it must pay out in qualifying distributions.
About First Ascent Charitable Foundation
Based on IRS filings
First Ascent Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DENVER, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 8 grants totaling $216K. Net investment income was $154K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,959,259 | $4,046,878 | $4,078,331 |
| Revenue | $223,523 | $249,774 | $135,385 |
| Expenses | $299,456 | $281,227 | $393,349 |
| Qualifying Distributions | $226,252 | $217,908 | $326,781 |
| Net Investment Income | $154,358 | $181,189 | $69,520 |
| Distributable Amount | $275,408 | $241,778 | $250,403 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Open Grants
1 open opportunity from First Ascent Charitable Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Buddy Program ($30,000), The Access Fund ($30,000), Shejumps ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE BUDDY PROGRAM ASPEN, CO | BUDDY PROGRAM LEAD PROGRAM | $30,000 |
| THE ACCESS FUND BOULDER, CO | CLIMBING CONSERVATION GRANT PROGRAM | $30,000 |
| SHEJUMPS SALT LAKE CITY, UT | UNRESTRICTED MATCHING FUNDS FOR SHEJUMPS FUNDRAISING CAMPAIGNS | $30,000 |
| PROTECT OUR WINTERS BOULDER, CO | PROTECT OUR WINTERS LEADING THE OUTDOOR MOVEMENT FOR CLIMATE ACTION | $30,000 |
| FRIENDS OF THE COLORADO AVALANCHE INFORMATION CENTER EVERGREEN, CO | AVALANCHE SAFETY FOR RECREATIONAL BACKCOUNTRY USERS IN COLORADO | $30,000 |
| COLORADO OUTWARD BOUND SCHOOL DENVER, CO | TO SUPPORT FIELD STAFF DEVELOPMENT PROGRAMS PROVIDED BY THIRD PARTIES | $30,000 |
| AMERICAN INSTITUTE FOR AVALANCHE RESEARCH AND EDUCATION INC TELLURIDE, CO | FIRST ASCENT WOMEN'S SCHOLARSHIP FOR INSTRUCTOR TRAINING | $30,000 |
| NATIONAL PHILANTHROPIC TRUST JENKINTOWN, PA | CHARITABLE | $5,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W KING GRANT III | PRESIDENT, SECRETARY | 4 | — |
| TRACY H GRANT | VICE-PRESIDENT, TREASURER | 3 | — |
| CAROLINE GRANT | DIRECTOR | 1 | — |
| KATIE GRANT | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is First Ascent Charitable Foundation?
First Ascent Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DENVER, CO. It holds $4.0M in total assets as of 2024.
How large is First Ascent Charitable Foundation?
As of 2024, First Ascent Charitable Foundation holds $4.0M in total assets with $224K in annual revenue. It awarded 8 grants totaling $216K in 2024.
Where does First Ascent Charitable Foundation operate?
First Ascent Charitable Foundation has awarded grants in Colorado, Pennsylvania, Utah.
What size grants does First Ascent Charitable Foundation award?
In 2024, First Ascent Charitable Foundation awarded 8 grants totaling $216K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is First Ascent Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, First Ascent Charitable Foundation reported a distributable amount of $275K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is First Ascent Charitable Foundation's EIN?
First Ascent Charitable Foundation's EIN (Employer Identification Number) is 81-4550657. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in First Ascent Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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