The Armstrong Foundation logo

The Armstrong Foundation

DENVER, CO EIN: 84-1612524 Website

The Armstrong Foundation is a private, non-operating family foundation established in 2002 and headquartered in Denver, Colorado. As a 501(c)(3) organization, it operates as a corporate foundation focused on philanthropic grantmaking.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$20.0M

+4.1% YoY

Annual Giving

$636K

+66.4% YoY

Grant Count

20

+11.1% YoY

Avg Grant Size

$32K

+49.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation has not publicly provided a formal mission statement. However, based on its grantmaking patterns, The Armstrong Foundation supports nonprofit organizations across multiple sectors, including:

  • Human services (including food banks)
  • Health
  • Education
  • Children and youth
  • Animal welfare
  • Arts and culture

Grantmaking

The foundation made 18 grants in 2023, with a total annual giving of approximately $446,000. Recent notable grants include:

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Geographic Focus

Where this funder awards grants

The Armstrong Foundation primarily funds nonprofit organizations in Colorado, with emphasis on the Denver area.

Grant Distribution by State

12states
+4 more states

Cities

AtlantaCalabasasCentennialColorado SpringsDallasDenverEnglewoodGardnervilleLexingtonLittletonLos AngelesNew OrleansNew YorkRedwood CityRichmondSanta MariaSimsburyTown And CountyWashington Dc

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $19,886,590
  • Total Revenue: $1,331,672
  • Total Expenses: $656,728
  • Net Income: $674,944
  • Total Liabilities: $129,000

As of December 2023:

  • Total Assets: $19,223,702
  • Total Revenue: $1,949,003
  • Total Expenses: $456,567

The foundation's revenue is primarily derived from investment income and dividends rather than direct contributions.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$20,015,890$19,223,702$17,879,701
Revenue$1,331,672$1,949,003$3,200,790
Expenses$656,728$456,567$495,343
Qualifying Distributions$636,078$382,347$472,967
Net Investment Income$1,311,022$1,874,783$3,178,414
Distributable Amount$1,333,536$1,289,838$1,266,721

Giving Over Time

Total grant dollars and number of grants per year

$0$906K$2M$3M$4M17 grants202020 grants202112 grants202218 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SOUTHERN METHODIST UNIVE…$225KGEORGE W BUSH PRESIDENTI…$150KWESTMINSTER SCHOOL$51KST MARTIN'S EPISCOPAL SC…$42KBLAIR HOUSE RESTORATION …$28KST MICHAELS EPISCOPAL SC…$25KHIGHLAND PARK UMC$25KATHLETES UNITED$20KCOLORADO BALLET$20KNEW YORK CITY BALLET$15K

Grant Size Distribution

87 grants across all recorded years

70<$50K6$50–100K7$100–250K1$250–500K$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Elisabeth Armstrong is listed as a key contact for the organization.

Contact Information:
Phone: 303-740-9400

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLIAM ARMSTRONGDIRECTOR2
ELISABETH ARMSTRONGDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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