TO ACQUIRE AND CONTINUE THE OPERATION, MAINTENANCE, AND CAPITAL IMPROVEMENTS OF NORRIS PENROSE EVENT CENTER (NPEC), SO AS TO CONTINUE THE LESSENING OF THE BURDEN OF ANY LOCAL GOVERNMENT TO FINANCIALLY SUPPORT THE COMMUNITY EVENTS HELD AT NPEC.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$7.1M
-3.2% YoY
Annual Giving
$106K
-97.2% YoY
Grant Count
7
+250.0% YoY
Avg Grant Size
$15K
-99.2% YoY
About Norris Penrose Legacy Foundation
Based on IRS filings
Norris Penrose Legacy Foundation is a nonprofit organization focused on Recreation & Sports, based in COLORADO SPRINGS, CO. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $7.1M in total assets. In 2025, it awarded 7 grants totaling $106K. Net investment income was $6K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,146,787 | $7,381,121 | $94,433 |
| Revenue | $1,808,876 | $7,915,633 | $100,299 |
| Expenses | $1,759,258 | $5,299,022 | $82,657 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,068 | $6,925 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include University of Colorado Foundation ($25,000), Project Angel Heart ($20,000), Sisters Hope ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PIKES PEAK OR BUST RODEO FOUNDATION COLORADO SPRINGS, CO | TRANSFER OF LIABILITIES UNDER NEW OPERATIONS | $6,000 |
| PROJECT ANGEL HEART DENVER, CO | SUPPORT FOR PATIENTS | $20,000 |
| SISTERS HOPE MONUMENT, CO | SUPPORT FOR BREAST CANCER PATIENTS | $15,000 |
| UC HEALTH MEMORIAL HOSPITAL FOUNDATION COLORADO SPRINGS, CO | SUPPORT RESEARCH TO BENEFIT PATIENTS | $15,000 |
| PEAK VISTA COMMUNITY HEALTH CENTER COLORADO SPRINGS, CO | SUPPORT FOR PATIENTS | $10,000 |
| CATHOLIC HEALTH INITIATIVES COLORADO FOUNDATION COLORADO SPRINGS, CO | SUPPORT FOR PATIENTS | $15,000 |
| UNIVERSITY OF COLORADO FOUNDATION DENVER, CO | SUPPORT FOR PATIENTS | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MIKE JORGENSEN | PRESIDENT | 1 | — |
| RICH BENDER | VICE PRESIDENT | 1 | — |
| RALPH BRADEN | SECRETARY | 1 | — |
| RICK POWELL | TREASURER | 1 | — |
| JERRY BIGGS | DIRECTOR | 1 | — |
| SCOTT BRYAN | DIRECTOR | 1 | — |
| KEVIN CHILTON | DIRECTOR | 1 | — |
| MATT GRAGE | DIRECTOR | 1 | — |
| GARY MARKLE | DIRECTOR | 1 | — |
| MIKE MCCOY | DIRECTOR | 1 | — |
| BOBBY NORRIS | DIRECTOR | 1 | — |
| JEFF RENEHAN | DIRECTOR | 1 | — |
| CAROLE SONDRUP | DIRECTOR | 1 | — |
| CATHERINE STEELE | DIRECTOR | 1 | — |
| GEORGE TAYLOR | DIRECTOR | 1 | — |
| BILL TUTT | DIRECTOR | 1 | — |
| THAYER TUTT | DIRECTOR | 1 | — |
| KYLE PARK | GENERAL MANAGER | 30 | $159,900 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Norris Penrose Legacy Foundation?
Norris Penrose Legacy Foundation is a nonprofit organization focused on Recreation & Sports, based in COLORADO SPRINGS, CO. It holds $7.1M in total assets as of 2025.
How large is Norris Penrose Legacy Foundation?
As of 2025, Norris Penrose Legacy Foundation holds $7.1M in total assets with $1.8M in annual revenue. It awarded 7 grants totaling $106K in 2025.
Where does Norris Penrose Legacy Foundation operate?
Norris Penrose Legacy Foundation has awarded grants in Colorado.
What size grants does Norris Penrose Legacy Foundation award?
In 2025, Norris Penrose Legacy Foundation awarded 7 grants totaling $106K — an average of about $15K per grant, based on its IRS Form 990 filings.
What is Norris Penrose Legacy Foundation's EIN?
Norris Penrose Legacy Foundation's EIN (Employer Identification Number) is 86-3390659. IRS Form 990 filing data is available on this page for 2023–2025.
Explore Open Grants
Browse active grant opportunities in Norris Penrose Legacy 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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