Blue Foundation
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Blue Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
"To champion, fund and celebrate local nonprofit causes that keep our community and people strong, financially stable and healthy."
Year, State Incorporated:
2011, WY
Also Known As:
Blue FCU Foundation
Contributions made to the Blue Foundation support the communities it serves. It looks for areas it can make an impact in Colorado and Wyoming. The organization strives for community collaboration that leads to seeing Blue members and employees making a world of difference in the hometowns that Blue Federal Credit Union is present and beyond.
For the year ended December 31, 2023, Blue Foundation's program expenses were:
| Programs | $143,596 |
| Total Program Expenses | $143,596 |
Chief Executive
Laura Fowler, Executive Director
Chair of the Board
JIm Wood , Board President
Chair's Profession / Business Affiliation
Board Size
7
Paid Staff Size
1
Method(s) Used:
Internet, The Blue Foundation receives the majority of dues, by people becoming members of Blue Federal Credit Union. Blue Foundation does not solicit this or market it as fundraising. There is Information on donations on the website as well.
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Blue Foundation's unaudited financial statements for the year ended December 31, 2023.
Source of Funds
| Contributions and Grants | $174,953 |
| Other Revenue | $111,914 |
| Investment Income | $8,227 |
| Total Income | $295,094 |
Programs: 66% Fundraising: 15% Administrative: 19%
| Total Income | $295,094 |
| Total expenses: | $217,636 |
| Program expenses | $143,596 |
| Fundraising expenses | $31,919 |
| Administrative expenses | $42,121 |
| Other expenses | $0 |
| Income in Excess of Expenses | $77,458 |
| Beginning Net Assets | $298,643 |
| Other Changes In Net Assets | $3,076 |
| Ending Net Assets | $379,177 |
| Total Liabilities | $0 |
| Total Assets | $379,177 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Serving Northern Colorado and Wyoming