Non-profit

Aspen Business Center Foundation

Location:

Aspen, CO

Tax ID:

84-1042661

Tax-Exempt Status:

501(c)(3)-PF

Budget (2022):

Revenue: $-162,853
Expenses: $935,552
Assets: $2,436,226

Type:

Private foundation

Formation:

1984

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 The Aspen Business Center Foundation is a left-of-center private foundation based in Aspen, Colorado established in 1986 that focuses on environmental conservation, family planning advocacy, and community health initiatives. With an emphasis on grantmaking, the organization supports programs addressing natural resource preservation, population control research, and medical services for underserved populations. 1

Background

Aspen Business Center Foundation operates as a private grantmaking institution with a geographic focus on Colorado that includes national and international initiatives. 2

Funding

The foundation’s funding priorities include environmental conservation, focusing on the protection of natural resources and wildlife habitats; population control, supporting research and education on global overpopulation and family planning; and community health, with grants directed toward medical services for underprivileged groups. 3

One major grantee is the Aspen Valley Land Trust, which received $35,000 to support its efforts in protecting and preserving open spaces and natural landscapes in the region. Similarly, Aspen Journalism was awarded $35,000 to enhance its public-interest reporting and communication initiatives that contribute to civic engagement and transparency in the local community. 3

In the realm of wildlife and environmental preservation, the Wildlife Conservation Network received a $35,000 grant to aid in its mission of protecting endangered species and supporting conservation efforts. The foundation also provided $17,200 to EcoFlight, a nonprofit that uses small aircraft to advocate for the protection of wild lands through aerial education and conservation campaigns. 3

On the public health front, Planned Parenthood of the Rocky Mountains was granted $15,000 to support reproductive health services and educational programming related to population and family planning. Additionally, the Bridging Bionics Foundation received $12,600 to assist in delivering advanced mobility technology and neuro-rehabilitation services for individuals with neurological impairments. 3

Finances

The Aspen Business Center Foundation’s tax returns for the fiscal year ending December 2023, filed on September 7, 2023, reported a negative revenue of $162,853 for the year. This deficit was largely the result of a $219,826 loss from the sale of assets, which was only partially offset by $56,973 in dividend income. 2

The foundation reported total expenses of $935,552, of which $883,171, or approximately 94%, was directed toward charitable disbursements. These expenditures reflect the foundation’s continued focus on key funding areas, including environmental conservation, population control through education and research on global overpopulation, and medical services for underserved communities. 2

At the end of the fiscal year, the foundation’s net assets stood at $2,436,226. This represents a decline from the previous fiscal year, ending December 2021, when the foundation reported revenues of $2,822,248 and net assets totaling $3,349,357. 2

References

  1. Candid. Air Products Foundation. Accessed April 7, 2025. https://fconline.foundationcenter.org/fdo-grantmaker-profile?key=AIRP004.
  2. ProPublica. Aspen Business Center Foundation. Accessed April 7, 2025. https://projects.propublica.org/nonprofits/organizations/841042661
  3. Cause IQ. Aspen Business Center Foundation. Accessed April 7, 2025. https://www.causeiq.com/organizations/aspen-business-center-foundation,841042661/.
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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: December 1, 1987

  • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2022 Dec Form PF $-162,853 $935,552 $2,436,226 $1 $0 $0 $0 $0 PDF
    2021 Dec Form PF $2,822,248 $552,895 $3,349,357 $1 $0 $0 $0 $0
    2020 Dec Form PF $389,828 $716,762 $1,890,384 $1 $0 $0 $0 $0
    2019 Dec Form PF $272,318 $698,750 $2,217,318 $1 $0 $0 $0 $0 PDF
    2015 Dec Form PF $333,179 $665,356 $3,145,621 $1 $0 $0 $0 $0 PDF
    2014 Dec Form PF $831,387 $548,850 $3,477,798 $0 $0 $0 $0 $0 PDF
    2013 Dec Form PF $148,541 $812,524 $3,195,261 $0 $0 $0 $0 $0 PDF
    2012 Dec Form PF $1,253,636 $561,274 $3,859,244 $0 $0 $0 $0 $0 PDF
    2011 Dec Form PF $208,456 $546,301 $3,166,882 $0 $0 $0 $0 $0 PDF

    Additional Filings (PDFs)

    Aspen Business Center Foundation


    Aspen, CO