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Also known as: C/O JPMORGAN ATTN JULIE GOLDEN
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First Ascent Charitable Foundation is a private corporation based in DENVER, CO. The foundation received its IRS ruling in 2018. The principal officer is W King Grant Iii. It holds total assets of $4M. Annual income is reported at $1.3M. The foundation is governed by 4 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 2018 to 2023. The foundation primarily funds organizations in Colorado and Pennsylvania. According to available records, First Ascent Charitable Foundation has made 20 grants totaling $757K, with a median grant of $30K. The foundation has distributed between $210K and $318K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $318K distributed across 6 grants. Individual grants have ranged from $25K to $168K, with an average award of $38K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Colorado and Pennsylvania and Utah. Contributions to this foundation are tax-deductible.
Smallest Grant
$18K
Median Grant
$25K
Average Grant
$31K
Largest Grant
$50K
Based on 7 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.
First Ascent Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in CO, PA, UT.
First Ascent Charitable Foundation has distributed a total of $757K across 20 grants. The median grant size is $30K, with an average of $38K. Individual grants have ranged from $25K to $168K.
First Ascent Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
First Ascent Charitable Foundation is headquartered in DENVER, CO. While based in CO, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| W King Grant Iii | PRESIDENT, SECRETARY | $0 | $0 | N/A |
| Tracy H Grant | VICE-PRESIDENT, TREASURER | $0 | $0 | N/A |
| Caroline Grant | DIRECTOR | $0 | $0 | N/A |
| Katie Grant | DIRECTOR | $0 | $0 | N/A |
Total Giving
$281K
Total Assets
$4M
Fair Market Value
$5.2M
Net Worth
$4M
Grants Paid
$210K
Contributions
N/A
Net Investment Income
$181K
Distribution Amount
$242K
Total: $3.9M
Total Grants
20
Total Giving
$757K
Average Grant
$38K
Median Grant
$30K
Unique Recipients
9
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Friends Of The Colorado Avalanche Information CenterTO SUPPORT AVALANCHE SAFETY FOR RECREATIONAL BACKCONTRY USERS | Evergreen, CO | $30K | 2023 |
| The Buddy ProgramGENERAL OPERATING FOR LEAD PROGRAM & SUPPORT FOR GROWING LEAD PROGRAM TO GLENWOOD SPRINGS (2ND INSTALLMENT OF TWO YEARS COMMITTMENT) | Aspen, CO | $30K | 2023 |
| American Institute For Avalanche Research And Education Inc27K FOR WOMAN INSTRUCTOR TRAINING & $3K FOR OVERHEAD | Telluride, CO | $30K | 2023 |
| Protect Our WintersTAKE BACK WINTER MATCH AND UNRESTRICTED | Boulder, CO | $30K | 2023 |
| The Access FundFOR THE GRANTS PROGRAM | Boulder, CO | $30K | 2023 |
| ShejumpsTO SUPPORT THE NEXT MATCHING FUNDRAISER AND UNRESTRICTED USE | Salt Lake City, UT | $30K | 2023 |
| Colorado Outward Bound SchoolTO SUPPORT FIELD STAFF DEVELOPMENT PROGRAMS PROVIDED BY THIRD PARTIES | Denver, CO | $30K | 2023 |
| National Philantropic TrustTO SUPPORT THE MISSION | Jenkintown, PA | $168K | 2022 |
| American Mountain Guides AssociationTHE WOMAN MOUNTAIN GUIDE PROGRAM SCHOLARSHIPS $24K AND $6K UNRESTRICTED USE | Boulder, CO | $30K | 2021 |