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Avalanche Canyon Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2008. The principal officer is Foundation Source. It holds total assets of $71K. Annual income is reported at $83K. Total assets have decreased from $127K in 2011 to $86K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Colorado, Nevada and District of Columbia. According to available records, Avalanche Canyon Foundation has made 15 grants totaling $62K, with a median grant of $5K. Annual giving has grown from $15K in 2021 to $20K in 2023. Grantmaking activity was highest in 2022 with $27K distributed across 6 grants. Individual grants have ranged from $1K to $8K, with an average award of $4K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Colorado and Nevada. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$4K
Average Grant
$5K
Largest Grant
$10K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Avalanche Canyon Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in CO, NV.
Avalanche Canyon Foundation has distributed a total of $62K across 15 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $1K to $8K.
Avalanche Canyon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Avalanche Canyon Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gustave C Backman | Dir, Treas | $0 | $0 | N/A |
| Karen A Backman | Pres, Dir | $0 | $0 | N/A |
| Douglas R Backman | Dir, VP | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$86K
Fair Market Value
$95K
Net Worth
$86K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$5K
Total Grants
15
Total Giving
$62K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
8
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alexander Dawson SchoolCharitable Event | Lafayette, CO | $5K | 2023 |
| Colorado AcademyGeneral & Unrestricted | Denver, CO | $5K | 2023 |
| Invest In KidsGeneral & Unrestricted | Denver, CO | $5K | 2023 |
| Alexander Dawson FoundationGeneral & Unrestricted | Las Vegas, NV | $8K | 2022 |
| Nevada Donor Network FoundationGeneral & Unrestricted | Las Vegas, NV | $1K | 2022 |
| Three SquareGeneral & Unrestricted | Las Vegas, NV | $4K | 2021 |
| Freedom Service Dogs IncGeneral & Unrestricted | Englewood, CO | $4K | 2021 |
| The Maxfund IncGeneral & Unrestricted | Denver, CO | $2K | 2021 |