The Norwood Foundation is a private independent foundation established in 2002 and based in Colorado Springs, Colorado. Designated as a 501(c)(3) organization, it operates as a family foundation focused on philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$82.6M
+111.6% YoY
Annual Giving
$6.1M
+140.7% YoY
Grant Count
40
+5.3% YoY
Avg Grant Size
$153K
+128.7% YoY
Under IRS private-foundation payout rules, The Norwood Foundation reported a distributable amount of $4.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation gives primarily for:
- Education
- Christian organizations
- Presbyterian church support
Grantmaking
The Norwood Foundation makes general purpose grants to nonprofit organizations. Recent grant activity includes:
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Geographic Focus
Where this funder awards grants
The foundation operates in Colorado, with a primary focus on the Colorado Springs area and surrounding regions.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $55,963,435
- Total Revenues: $19,441,621
- Total Expenses: $2,866,689
- Number of Employees: 0
Revenue Composition (2023):
- Total grants and contributions: $427,923
- Investment income and dividends: $1,505,708
- Net rental income: $319,144
- Net gain from sale of non-inventory assets: $16,517,037
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $82,614,788 | $39,037,330 | $19,968,691 |
| Revenue | $32,456,380 | $21,626,921 | $378,402 |
| Expenses | $7,080,743 | $2,586,702 | $1,378,639 |
| Qualifying Distributions | $6,255,169 | $2,539,627 | $1,375,995 |
| Net Investment Income | $29,514,509 | $17,748,665 | $509,428 |
| Distributable Amount | $4,696,015 | $2,373,331 | $713,935 |
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
174 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rapha Foundation Fund ($2,800,000), Pikes Peak Community Foundations ($1,566,337), Pikes Peak Hospice ($275,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Advance Colorado Englewood, CO | General Purpose | $250,000 |
| American Red Cross Washington, DC | General Purpose | $250,000 |
| Baptists on Mission Concord, NC | General Purpose | $100,000 |
| Care & Share Colorado Springs, CO | General Purpose | $125,000 |
| Charitable from Pass-Through Entity Colorado Springs, CO | General Purpose | $1,582 |
| Cheyenne Village Colorado Springs, CO | General Purpose | $20,000 |
| City of Manitou-Carnegie Library Manitou Springs, CO | General Purpose | $1,000 |
| Colorado Gamma Chapter Boulder, CO | General Purpose | $10,000 |
| Colorado Springs Chorale Colorado Springs, CO | General Purpose | $5,000 |
| Colorado Springs Philharmonic Colorado Springs, CO | General Purpose | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David D Jenkins | President | 1 | — |
| Carolyn S Jenkins | Vice President | 1 | — |
| Christopher S Jenkins | Sec/Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Norwood Foundation fund?
The foundation gives primarily for: • Education • Christian organizations • Presbyterian church support
How do I apply for a grant from The Norwood Foundation?
The Norwood Foundation makes general purpose grants to nonprofit organizations. Recent grant activity includes: **Recent Grants (2023):** • Young Life: $350,000 • Association of American Red Cross Retirees: $200,000 • Qed Foundation: $125,000 • The Outreach Foundation (among other recipients) The foundation made 32 grants in 2023, with a total giving amount of $2,491,879 for that year.
Where does The Norwood Foundation make grants?
The foundation operates in Colorado, with a primary focus on the Colorado Springs area and surrounding regions.
What size grants does The Norwood Foundation award?
In 2024, The Norwood Foundation awarded 40 grants totaling $6.1M — an average of about $153K per grant, based on its IRS Form 990 filings.
How much is The Norwood Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Norwood Foundation reported a distributable amount of $4.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Norwood Foundation's EIN?
The Norwood Foundation's EIN (Employer Identification Number) is 01-0705471. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Norwood 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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