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Also known as: C/O RICK KOOPMAN
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The 1040 Foundation is a private trust based in ALEXANDRIA, VA. The foundation received its IRS ruling in 2003. The principal officer is Mr Richard Koopman. It holds total assets of $1.9M. Annual income is reported at $323K. The foundation is governed by 1 officer or trustee. 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 2020 to 2023. Grantmaking is concentrated in Colorado. According to available records, The 1040 Foundation has made 74 grants totaling $471K, with a median grant of $5K. Annual giving has grown from $136K in 2020 to $335K in 2022. Individual grants have ranged from $3K to $13K, with an average award of $6K. The foundation has supported 31 unique organizations. The foundation primarily supports organizations in Colorado, Florida, Connecticut, which account for 89% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$11K
Based on 24 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.
The 1040 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 74 grants. Its grantmaking reaches organizations primarily in CO, FL, CT.
The 1040 Foundation has distributed a total of $471K across 74 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $3K to $13K.
The 1040 Foundation typically selects its grantees rather than accepting unsolicited proposals.
The 1040 Foundation is headquartered in ALEXANDRIA, VA. While based in VA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rick Koopman | PRESIDENT | $0 | $0 | N/A |
Total Giving
$169K
Total Assets
$1.9M
Fair Market Value
$3.3M
Net Worth
$1.9M
Grants Paid
$154K
Contributions
N/A
Net Investment Income
$184K
Distribution Amount
$153K
Total: $1.7M
Total Grants
74
Total Giving
$471K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
31
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boulder Community HospitalOPERATING SUPPORT | Boulder, CO | $10K | 2022 |
| Emergency Family Assistance AssociationOPERATING SUPPORT | Boulder, CO | $13K | 2022 |
| Dairy Arts CenterOPERATING SUPPORT | Boulder, CO | $10K | 2022 |
| The Community Foundation Serving Boulder CountyBOULDER COMMUNITY FUND | Boulder, CO | $10K | 2022 |
| Clinica Campesina Family Health ServicesOPERATING SUPPORT | Lafayette, CO | $10K | 2022 |
| Boulder Shelter For The HomelessOPERATING SUPPORT | Boulder, CO | $10K | 2022 |
| Community Food ShareOPERATING SUPPORT | Louisville, CO | $10K | 2022 |
| Mental Health PartnersOPERATING SUPPORT | Lafayette, CO | $10K | 2022 |
| Boulder Jewish Community CenterOPERATING SUPPORT | Boulder, CO | $8K | 2022 |
| Energy Outreach ColoradoOPERATING SUPPORT | Denver, CO | $7K | 2022 |
| Rocky Mountain PbsOPERATING SUPPORT | Denver, CO | $5K | 2022 |
| Safehouse Progressive Alliance For NonviolenceOPERATING SUPPORT | Boulder, CO | $5K | 2022 |
| Anderson Ranch Arts FoundationOPERATING SUPPORT | Snowmass Village, CO | $5K | 2022 |
| Boulder Museum Of Contemporary ArtOPERATING SUPPORT | Boulder, CO | $5K | 2022 |
| Via Mobility ServicesOPERATING SUPPORT | Boulder, CO | $5K | 2022 |
| National Outdoor Leadership SchoolOPERATING SUPPORT | Lander, WY | $5K | 2022 |
| Colorado Public RadioOPERATING SUPPORT | Centennial, CO | $5K | 2022 |
| Clare MatrixOPERATING SUPPORT | Santa Monica, CA | $5K | 2022 |
| Jewish Community Foundation Of Greater HartfordBEATRICE FOX AUERBACH FOUNDATION FUND | West Hartford, CT | $5K | 2022 |
| Meals On Wheels Of Boulder IncOPERATING SUPPORT | Boulder, CO | $5K | 2022 |
| Boulder Food RescueOPERATING SUPPORT | Boulder, CO | $5K | 2022 |
| Wounded Warrior Project IncOPERATING SUPPORT | Jacksonville, FL | $5K | 2022 |
| Tru Community CareOPERATING SUPPORT | Lafayette, CO | $5K | 2022 |
| Longmont Humane SocietyOPERATING SUPPORT | Longmont, CO | $3K | 2022 |
| Penland School Of CraftOPERATING SUPPORT | Penland, NC | $3K | 2022 |