Weld Legacy 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
Weld Legacy Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
"To promote excellence in health and education in Weld County."
Year, State Incorporated:
1975, CO
Since 1975, the North Colorado Medical Center Foundation has partnered with North Colorado Medical Center to provide more than $55 million in programmatic support for hospital expansion and renovation projects, the purchase of specialized medical equipment and technological upgrades to benefit patient care, patient support funds and provide scholarships for aspiring healthcare professionals as well as educational opportunities for NCMC staff.
Through fundraising vehicles of annual giving, planned giving, major gifts and special events the NCMC Foundation raises nearly $1 million per year and annually grants/awards nearly $1 million a year to North Colorado Medical Center Departments, community health initiatives and scholarship recipients pursing careers in health care.
For the year ended December 31, 2023, Weld Legacy Foundation's program expenses were:
| Grants and Scholarships | $2,123,338 |
| Total Program Expenses | $2,123,338 |
Chief Executive
Jeff Carlson, CEO
Chair of the Board
Tom Grant Esquire, Attorney
Chair's Profession / Business Affiliation
Grant & Hoffman Law
Board Size
11
Paid Staff Size
22
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)
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 Weld Legacy Foundation's IRS Form 990 for the year ended December 31, 2023.
Source of Funds
| Contributions and Grants | $10,170,961 |
| Net Investment Return | $996,024 |
| Program Service Revenue | $50,640 |
| Other | $-12,867 |
| Total Income | $11,204,758 |
Programs: 77% Fundraising: 10% Administrative: 13%
| Total Income | $11,204,758 |
| Total expenses: | $2,754,843 |
| Program expenses | $2,123,338 |
| Fundraising expenses | $264,196 |
| Administrative expenses | $367,309 |
| Other expenses | $0 |
| Income in Excess of Expenses | $8,449,915 |
| Beginning Net Assets | $21,998,622 |
| Other Changes In Net Assets | $2,289,882 |
| Ending Net Assets | $32,738,419 |
| Total Liabilities | $828,884 |
| Total Assets | $33,567,303 |
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