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Lone Rock Foundation is a private corporation based in BAILEY, CO. The foundation received its IRS ruling in 2019. It holds total assets of $86.7M. Annual income is reported at $6.5M. Total assets have grown from $13.5M in 2019 to $86.9M in 2023. The foundation is governed by 5 officers and trustees. Host educational events, meetings, conferences, and retreats for section 501(c)(3) organizations but prioritizing the organizations that support education. The conference and retreat center was under construction as of december 31, 2020. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Lone Rock Foundation has made 2 grants totaling $42K, with a median grant of $21K. Individual grants have ranged from $2K to $40K, with an average award of $21K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Colorado. Contributions to this foundation are tax-deductible.
The foundation's primary activity will be to host educational events, meetings, conferences, and retreats for section 501(c)(3) organizations but prioritizing the organizations that support education. The conference and retreat center was under construction as of december 31, 2020.during 2020, the foundation hired an additional employee, began paying wages, benefits and incurred other expenses related to the conference and retreat center.
Expenses: $439K
Host educational events, meetings, conferences, and retreats for section 501(c)(3) organizations but prioritizing the organizations that support education. The conference and retreat center was under construction as of december 31, 2020. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in CO.
Lone Rock Foundation has distributed a total of $42K across 2 grants. The median grant size is $21K, with an average of $21K. Individual grants have ranged from $2K to $40K.
Lone Rock Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lone Rock Foundation is headquartered in BAILEY, CO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carmen N Loturco | EXECUTIVE DIRECTOR | $239K | $19K | $258K |
| Kriste Dragon | DIRECTOR | $0 | $0 | N/A |
| Kim Smith | TREASURER | $0 | $0 | N/A |
| Wilmont Hastings | PRESIDENT | $0 | $0 | N/A |
| Kevin Hall | SECRETARY | $0 | $0 | N/A |
Total Giving
$7.2M
Total Assets
$86.9M
Fair Market Value
$37.5M
Net Worth
$85.8M
Grants Paid
$44K
Contributions
$1M
Net Investment Income
$1.2M
Distribution Amount
N/A
Total Grants
2
Total Giving
$42K
Average Grant
$21K
Median Grant
$21K
Unique Recipients
2
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Platte Canyon Fire DepartmentGENERAL SUPPORT | Bailey, CO | $40K | 2022 |
| Bailey Theatre CompanyGENERAL SUPPORT | Bailey, CO | $2K | 2022 |