The Armstrong Foundation is a private, non-operating family foundation established in 2002 and headquartered in Denver, Colorado. As a 501(c)(3) organization, it operates as a corporate foundation focused on philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.0M
+4.1% YoY
Annual Giving
$636K
+66.4% YoY
Grant Count
20
+11.1% YoY
Avg Grant Size
$32K
+49.7% YoY
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, based on its grantmaking patterns, The Armstrong Foundation supports nonprofit organizations across multiple sectors, including:
- Human services (including food banks)
- Health
- Education
- Children and youth
- Animal welfare
- Arts and culture
Grantmaking
The foundation made 18 grants in 2023, with a total annual giving of approximately $446,000. Recent notable grants include:
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Geographic Focus
Where this funder awards grants
The Armstrong Foundation primarily funds nonprofit organizations in Colorado, with emphasis on the Denver area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $19,886,590
- Total Revenue: $1,331,672
- Total Expenses: $656,728
- Net Income: $674,944
- Total Liabilities: $129,000
As of December 2023:
- Total Assets: $19,223,702
- Total Revenue: $1,949,003
- Total Expenses: $456,567
The foundation's revenue is primarily derived from investment income and dividends rather than direct contributions.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,015,890 | $19,223,702 | $17,879,701 |
| Revenue | $1,331,672 | $1,949,003 | $3,200,790 |
| Expenses | $656,728 | $456,567 | $495,343 |
| Qualifying Distributions | $636,078 | $382,347 | $472,967 |
| Net Investment Income | $1,311,022 | $1,874,783 | $3,178,414 |
| Distributable Amount | $1,333,536 | $1,289,838 | $1,266,721 |
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
87 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
Elisabeth Armstrong is listed as a key contact for the organization.
Contact Information:
Phone: 303-740-9400
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM ARMSTRONG | DIRECTOR | 2 | — |
| ELISABETH ARMSTRONG | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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