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Highest Peak Foundation is a private corporation based in HENDERSON, NV. The foundation received its IRS ruling in 2015. The principal officer is Elizabeth Ann Harris-Colarossi. It holds total assets of $526K. Annual income is reported at $172K. Total assets have decreased from $1.5M in 2015 to $683K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2023. Funding is distributed across 4 states, including California, Colorado, Maine. According to available records, Highest Peak Foundation has made 18 grants totaling $489K, with a median grant of $30K. Annual giving has decreased from $261K in 2020 to $140K in 2022. Individual grants have ranged from $5K to $46K, with an average award of $27K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in California, Colorado, Maine, which account for 83% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$40K
Average Grant
$37K
Largest Grant
$46K
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.
Highest Peak Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in CA, CO, ME.
Highest Peak Foundation has distributed a total of $489K across 18 grants. The median grant size is $30K, with an average of $27K. Individual grants have ranged from $5K to $46K.
The application deadline is MARCH 31ST FOR THE MAY GRANTS AND SEPTEMBER 30TH OR NOVEMBER GRANTS..
Highest Peak Foundation is headquartered in HENDERSON, NV. While based in NV, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Leigh Colarossi | VICE-PRESIDENT | $0 | $0 | N/A |
| Elizabeth Ann Harris-Colarossi | PRESIDENT | $0 | $0 | N/A |
| Dean Colarossi | SECRETARY | $0 | $0 | N/A |
Total Giving
$139K
Total Assets
$683K
Fair Market Value
$683K
Net Worth
$683K
Grants Paid
$134K
Contributions
N/A
Net Investment Income
$44K
Distribution Amount
$46K
Total: $659K
Total Grants
18
Total Giving
$489K
Average Grant
$27K
Median Grant
$30K
Unique Recipients
9
Most Common Grant
$40K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Team Long RunTO HELP KIDS DISCOVER THEIR OWN WORTH AND CAPABILITY THROUGH THE CONSISTENCY AND SACRIFICE OF RUNNING | North Bridgton, ME | $40K | 2022 |
| Rainbow ValleyRAINBOW VALLEY RESOURCE NETWORK (RVRN) PROVIDES FINANCIAL ASSISTANCE, INFORMATION RESOURCES, AND EXPERIENTIAL ENRICHMENT ACTIVITIES THAT FOSTER SPIRITUAL GROWTH FOR FAMILIES AND INDIVIDUALS WITH DEVELOPMENTAL/SPECIAL NEEDS, WHO HAVE CHOSEN CHRISTIAN SCIENCE AS THEIR WAY OF LIFE. | Buena Vista, CO | $37K | 2022 |
| Athletes For LifeTO PROVIDE EDUCATIONAL SERVICES, MENTORSHIP, AND GUIDANCE TO MORE THAN 40,000 YOUTH THROUGHOUT SOUTHERN CALIFORNIA. | Goleta, CA | $30K | 2022 |
| The PrincipiaTO PROMOTE LIFELONG LEARNING; UNIVERSITY | St Louis, MO | $18K | 2022 |
| Pacific Marine Mammal CenterTO PROVIDE RESOURCES FOR MARINE MAMMAL RESCUES, REHABILITATION AND RELEASE AND INSPIRE OCEAN STEWARDSHIP THROUGH RESEARCH, EDUCATION, AND COLLABORATION. | Laguna Beach, CA | $10K | 2022 |
| Active DiscoveryTO DEVELOP OFFERINGS AND CURRICULUM THAT FOSTER INCREASED ACTIVITY AND LAUNCH NEW OPPORTUNITIES FOR FINANCIALLY VULNERABLE CHILDREN TO FIND A PASSION | Newport Coast, CA | $5K | 2022 |
| Musical Theatre WestTO PROMOTE PERFORMING ARTS IN SOUTHERN CALIFORNIA | Long Beach, CA | $30K | 2021 |
| Turning Point UsaTO IDENTIFY, EDUCATE, TRAIN, AND ORGANIZE STUDENTS TO PROMOTE THE PRINCIPLES OF FISCAL RESPONSIBILITY, FREE MARKETS, AND LIMITED GOVERNMENT | Phoenix, AZ | $17K | 2021 |
| Adventure Unlimited FoundationTO PROVIDE INSPIRING RECREATIONAL, LEADERSHIP, SERVICE, EDUCATION AND SOCIAL ACTIVITIES FOR YOUTH | Greenwood Village, CO | $40K | 2020 |