Nc Foundation

COLORADO SPRINGS, CO EIN: 84-1550507

Nc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLORADO SPRINGS, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 1 grants totaling $655K. Net investment income was $141K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.9M

-14.8% YoY

Annual Giving

$655K

+63.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$655K

+63.9% YoY

Under IRS private-foundation payout rules, Nc Foundation reported a distributable amount of $207K for 2024 — the minimum it must pay out in qualifying distributions.

About Nc Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $1.8M (100%)

States

Colorado

Cities

Colorado Springs

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,880,196	$4,556,890	$3,069,383
Revenue	$184,635	$2,687,612	$575,755
Expenses	$936,329	$677,880	$676,588
Qualifying Distributions	$684,033	$418,448	$296,259
Net Investment Income	$141,221	$1,831,908	$175,698
Distributable Amount	$206,734	—	$223,061

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Nicky Cruz Outreach Inc ($655,000).

Recipient	Purpose	Amount
NICKY CRUZ OUTREACH INC COLORADO SPRINGS, CO	RELIGIOUS MINISTRIES TO REACH URBAN YOUTH	$655,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PATRICK DOW	CEO/SECRETARY	20	$35,000
NICKY CRUZ	PRESIDENT	10	$40,000
LAURA KING	BOARD MEMBER	2	—
ALICIA DOW	BOARD MEMBER	2	—
GLORIA CRUZ	BOARD MEMBER	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Nc Foundation?

Nc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLORADO SPRINGS, CO. It holds $3.9M in total assets as of 2024.

How large is Nc Foundation?

As of 2024, Nc Foundation holds $3.9M in total assets with $185K in annual revenue. It awarded 1 grants totaling $655K in 2024.

Where does Nc Foundation operate?

Nc Foundation has awarded grants in Colorado.

What size grants does Nc Foundation award?

In 2024, Nc Foundation awarded 1 grants totaling $655K — an average of about $655K per grant, based on its IRS Form 990 filings.

How much is Nc Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Nc Foundation reported a distributable amount of $207K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.