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
Under IRS private-foundation payout rules, The Armstrong Foundation reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.
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:
How to Apply
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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
Among its reported 2024 grants, the largest include Southern Methodist University ($225,028), George W Bush Presidential Center ($150,000), Westminster School ($50,750).
| Recipient | Purpose | Amount |
|---|---|---|
| AFRICAN AMERICAN MUSEUM DALLAS, TX | GENERAL FUND | $1,500 |
| ATHLETES UNITED GARDNERVILLE, NV | GENERAL FUND | $20,000 |
| BLAIR HOUSE RESTORATION FUND WASHINGTON DC, DC | GENERAL FUND | $27,500 |
| CENTRAL CITY OPERA DENVER, CO | GENERAL FUND | $2,000 |
| COLORADO BALLET DENVER, CO | GENERAL FUND | $20,000 |
| DENVER ART MUSEUM DENVER, CO | GENERAL FUND | $1,500 |
| DWC FOUNDATION LOS ANGELES, CA | GENERAL FUND | $250 |
| GEORGE W BUSH PRESIDENTIAL CENTER DALLAS, TX | GENERAL FUND | $150,000 |
| GOLD CROWN FOUNDATION DENVER, CO | GENERAL FUND | $5,000 |
| HIGHLAND PARK UMC DALLAS, TX | GENERAL FUND | $25,000 |
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
Frequently Asked Questions
What does The Armstrong Foundation fund?
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
How do I apply for a grant from The Armstrong Foundation?
**Grant Activity:** The foundation made 18 grants in 2023, with a total annual giving of approximately $446,000. Recent notable grants include: • George W Bush Presidential Center: $100,000 (2023) • The School of American Ballet (SAB): $92,150 (2023) • Trustees of Westminster School: $50,750 (2023) **Application Process:** The foundation does not appear to accept unsolicited applications; grantmaking appears to be directed to preselected organizations.
Where does The Armstrong Foundation make grants?
The Armstrong Foundation primarily funds nonprofit organizations in Colorado, with emphasis on the Denver area.
What size grants does The Armstrong Foundation award?
In 2024, The Armstrong Foundation awarded 20 grants totaling $636K — an average of about $32K per grant, based on its IRS Form 990 filings.
How much is The Armstrong Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Armstrong Foundation reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Armstrong Foundation's EIN?
The Armstrong Foundation's EIN (Employer Identification Number) is 84-1612524. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Armstrong 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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