2024-10-22T13:52:42-04:00 2024-06-30 841255164 KUNDINGER CORDER & MONTOYA PC 475 LINCOLN STREET SUITE 200 DENVER CO 80203 990 2023-07-01 841437053 SEEDS OF HOPE CHARITABLE TRUST SEED 3037153127 1300 S STEELE STREET DENVER CO 80210 PATRICIA SULLIVAN EXECUTIVE DIRECTOR 3037153127 2024-10-21 true true MARIA MONTOYA P01363907 3035345953 2024-10-22 2023 2024-10-15 13:58:12Z PATRICIA SULLIVAN 1300 S STEELE ST DENVER CO 80210 402584 false X WWW.SEEDSOFHOPEDENVER.ORG X 1996 CO TO ADMINISTER ASSETS, IN TRUST, TO BE USED FOR THE FURTHERANCE OF CATHOLIC EDUCATION PURPOSES. 0 0 0 25 0 241866 134475 0 66393 243266 0 308259 377741 630848 343080 0 36410 29854 10900 7564 12639 80331 84538 758489 465036 -450230 -87295 9615067 10261733 7621 5771 9607446 10255962 X SEEDS OF HOPE CHARITABLE TRUST ("TRUST") ADMINISTERS ASSETS, IN TRUST, TO BE USED EXCLUSIVELY FOR THE FURTHERANCE OF CATHOLIC EDUCATION PURPOSES, INCLUDING SUPPORTING THE OPERATIONS OF SEEDS OF HOPE OF NORTHERN COLORADO, INC. ("INC."). THROUGH TUITION ASSISTANCE GRANTS, SCHOLARSHIPS, AND OPERATING SUPPORT, TRUST AND INC. (COLLECTIVELY REFERRED TO AS "SEEDS OF HOPE") SUPPORT CATHOLIC K-8 SCHOOLS AND SERVE LOW INCOME, HIGH-MINORITY POPULATIONS WITHIN THE ARCHDIOCESE OF DENVER ("AOD") IN NORTHERN COLORADO. BY PROVIDING SCHOLARSHIPS, SEEDS OF HOPE GIVES FAMILIES THE CHOICE TO SEND THEIR CHILDREN TO A CATHOLIC K-8 SCHOOL WHERE SPIRITUAL, MENTAL, ACADEMIC, AND PHYSICAL FORMATION IS PROVIDED. THESE SCHOLARSHIPS ADDRESS THE OPPORTUNITY GAP FOR LOW-INCOME FAMILIES TRYING TO BREAK A CYCLE OF POVERTY BY CHOOSING TO ATTEND A QUALITY SCHOOL. SEEDS OF HOPE ALSO STRIVES TO ASSIST AND SUSTAIN THESE CATHOLIC COMMUNITIES WHICH SUPPORT FAMILIES IN ALL ASPECTS OF LIFE. THESE GRANTS NOT ONLY ALLOW FOR PARE false false 371957 343080 SEEDS OF HOPE (SOH) PROVIDES TUITION ASSISTANCE TO ALLOW LOW-INCOME FAMILIES THE OPPORTUNITY FOR THEIR CHILDREN TO ATTEND A CATHOLIC K-8 SCHOOL WITHIN THE ARCHDIOCESE OF DENVER (AOD). WITH COST AS THE NUMBER ONE BARRIER TO ATTENDING A CATHOLIC SCHOOL, SEEDS OF HOPE PROVIDES HOPE SCHOLARSHIPS TO STUDENTS AND THEIR FAMILIES WHO OTHERWISE COULD NOT AFFORD A K-8 CATHOLIC EDUCATION. CONTINUED ON SCHEDULE O. 371957 true true false false false false false false false true false false false false false false false true false false false false false false false false false false true true false false false false false false false false false false false false false true false false false true X 1 0 true 0 false false false false false false false false false false false false X 0 0 false true false false false true true true true false false true false false false false false false X BECKY SCHMID 3037153260 1300 S STEELE ST DENVER CO 80210 PATRICIA SULLIVAN EXECUTIVE DI 2.00 38.00 X 8264 137531 8604 8264 137531 8604 false true false 134475 134475 144650 144650 123459 24843 98616 98616 98616 377741 243266 343080 343080 7376 3319 369 3688 15161 14051 525 585 853 807 26 20 4820 4616 122 82 1644 1262 66 316 2656 131 2406 119 7563 7563 7564 7564 65985 65985 7435 4135 3300 54 12 11 31 523 337 41 145 322 207 26 89 465036 371957 80440 12639 200 200 1038549 1150464 8576318 9111069 9615067 10261733 7621 5771 7621 5771 X 1273596 1443600 8333850 8812362 9607446 10255962 9615067 10261733 -87295 735811 X X false true X true false X 287506 271010 312691 241866 134475 1247548 287506 271010 312691 241866 134475 1247548 687575 559973 109120 95963 102436 124512 144650 576681 1824229 0.30700 0.30740 X SEEDS OF HOPE CHARITABLE TRUST QUALIFIES FOR PUBLIC CHARITY STATUS UNDER THE FACTS AND CIRCUMSTANCES TEST BECAUSE ITS PUBLIC SUPPORT IS 10% OR MORE OF ITS TOTAL SUPPORT; IT HAS A FUNDRAISING PLAN FOR ATTRACTING PUBLIC SUPPORT; ITS GOVERNING BODY REPRESENTS THE BROAD INTERESTS OF THE PUBLIC RATHER THAN THE PERSONAL OR PRIVATE INTERESTS OF A LIMITED NUMBER OF DONORS; REPUTABLE NONPROFIT ORGANIZATIONS SUPPORT THE PROGRAMS OF SEEDS OF HOPE; AND THERE IS A DEFINITIVE PROGRAM FOR ACCOMPLISHING THE ORGANIZATION'S CHARITABLE WORK. PART II, LINE 17A SEEDS OF HOPE CHARITABLE TRUST QUALIFIES FOR PUBLIC CHARITY STATUS UNDER THE FACTS AND CIRCUMSTANCES TEST BECAUSE ITS PUBLIC SUPPORT IS 10% OR MORE OF ITS TOTAL SUPPORT; IT HAS A FUNDRAISING PLAN FOR ATTRACTING PUBLIC SUPPORT; ITS GOVERNING BODY REPRESENTS THE BROAD INTERESTS OF THE PUBLIC RATHER THAN THE PERSONAL OR PRIVATE INTERESTS OF A LIMITED NUMBER OF DONORS; REPUTABLE NONPROFIT ORGANIZATIONS SUPPORT THE PROGRAMS OF SEEDS OF HOPE; AND THERE IS A DEFINITIVE PROGRAM FOR ACCOMPLISHING THE ORGANIZATION'S CHARITABLE WORK. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8313771 852235 -353645 8812361 8030686 634982 -351897 8313771 9451102 -1075845 -344571 8030686 8094354 2130768 -774019 9451102 7826249 5000 267610 -4505 8094354 0.99080 0.00920 false false 1047567 735811 735811 311756 65985 65985 377741 399051 399051 65985 65985 465036 SCHEDULE D, PAGE 2, PART V, LINE 4 WILLIAM RANDOLPH HEARST ENDOWMENT: THIS FUND WAS ESTABLISHED WITH A GIFT FROM THE WILLIAM RANDOLPH HEARST FOUNDATION. INCOME FROM THIS FUND IS TO BE USED FOR TUITION ASSISTANCE TO ELEMENTARY SCHOOL CHILDREN. TUITION ASSISTANCE ENDOWMENT: THE TUITION ASSISTANCE ENDOWMENT IS COMPRISED OF FUNDS FROM THREE MAJOR SOURCES: THE HEARTS ON FIRE FUND; THE ELEMENTARY EDUCATION FUND; AND THE CATHOLIC SCHOOL EDUCATION FUND. DISTRIBUTIONS FROM THE HEARTS ON FIRE FUND AND CATHOLIC SCHOOL EDUCATION FUND MAY BE USED TO PROVIDE GRANTS FOR TUITION ASSISTANCE, EQUIPMENT AND GENERAL OPERATIONS FOR CATHOLIC SCHOOLS IN NORTHERN COLORADO AS WELL AS THE INNER CITY OF DENVER. INCOME ATTRIBUTABLE TO THE ELEMENTARY EDUCATION FUND INCLUDED IN THE ENDOWMENT MAY BE USED FOR TUITION ASSISTANCE FOR FIVE SPECIFIC INNER CITY SCHOOLS IN DENVER. THE FRANK AND MARIE GOLD SCHOLARSHIP ENDOWMENT: THIS FUND WAS ESTABLISHED BY A GIFT FROM RICHARD W. HALL TO PROVIDE ANNUAL SCHOLARSHIPS TO STUDENTS ATTENDING GUARDIAN ANGELS CATHOLIC SCHOOL IN DENVER, COLORADO. JOSEPHINE J. AQUILA ENDOWMENT: THIS FUND WAS ESTABLISHED WITH GIFTS RECEIVED FOR AN ENDOWMENT IN THE MEMORY OF JOSEPHINE J. AQUILA. THE EARNINGS ON THE ENDOWMENT ARE TO BE USED FOR GENERAL OPERATING PURPOSES. true CATHOLIC EDU SCHOLARSHIPS 237 343080 SCHEDULE I, PAGE 1, PART I, LINE 2 SEEDS OF HOPE OF NORTHERN COLORADO, INC. (AND SEEDS OF HOPE CHARITABLE TRUST, AS TRUSTEE OF INC.) REQUIRES THAT ALL ENTITIES, NAMELY SCHOOLS, RECEIVING FUNDS PROVIDE VARIOUS REPORTS TO THE CORPORATION. THESE REPORTS INCLUDE ENROLLMENT VERIFICATION FOR STUDENTS WHO ARE RECEIVING FUNDS AND LETTERS DETAILING HOW DISCRETIONARY GRANTS ARE BEING USED. FY24 SCHOLARSHIPS TO SCHOOLS FOR THEIR STUDENTS WERE PAID OUT OF BOTH SEEDS OF HOPE CHARITABLE TRUST AND SEEDS OF HOPE OF NORTHERN COLORADO, INC. PARENTS MUST COMPLETE APPLICATIONS FOR AID AND PROVIDE DOCUMENTATION OF INCOME IN ORDER FOR THEIR STUDENT TO QUALIFY FOR NEED-BASED TUITION ASSISTANCE. SCHOOL PRINCIPALS AND PASTORS MUST ALSO COMPLY AND SIGN ANNUALLY AN "ACCEPTANCE OF TERMS & CONDITIONS-TUITION ASSISTANCE PROGRAM- HOPE SCHOLARSHIPS" AGREEMENT STATING THAT FUNDS RECEIVED ARE RESTRICTED AND TO BE USED ONLY FOR THE APPLICABLE STUDENT TUITION ASSISTANCE PROGRAM OR DESIGNATED DONOR USE FOR WHICH THE FUNDS ARE INTENDED. GRANTS ARE AWARDED DIRECTLY TO AOD K-8 CATHOLIC SCHOOLS FOR TUITION ASSISTANCE FOR ECONOMICALLY DISADVANTAGED STUDENTS ATTENDING THOSE SCHOOLS, AND OCCASIONALLY FOR OPERATING EXPENSES, DEPENDING ON DONOR INTENT. X X false false false false false false false false false PATRICIA SULLIVAN EXECUTIVE DIRECTOR 8264 137531 405 7688 28 483 8697 145702 FORM 990 - ORGANIZATION'S MISSION SEEDS OF HOPE CHARITABLE TRUST ("TRUST") ADMINISTERS ASSETS, IN TRUST, TO BE USED EXCLUSIVELY FOR THE FURTHERANCE OF CATHOLIC EDUCATION PURPOSES, INCLUDING SUPPORTING THE OPERATIONS OF SEEDS OF HOPE OF NORTHERN COLORADO, INC. ("INC."). THROUGH TUITION ASSISTANCE GRANTS, SCHOLARSHIPS, AND OPERATING SUPPORT, TRUST AND INC. (COLLECTIVELY REFERRED TO AS "SEEDS OF HOPE") SUPPORT CATHOLIC K-8 SCHOOLS AND SERVE LOW INCOME, HIGH-MINORITY POPULATIONS WITHIN THE ARCHDIOCESE OF DENVER ("AOD") IN NORTHERN COLORADO. BY PROVIDING SCHOLARSHIPS, SEEDS OF HOPE GIVES FAMILIES THE CHOICE TO SEND THEIR CHILDREN TO A CATHOLIC K-8 SCHOOL WHERE SPIRITUAL, MENTAL, ACADEMIC, AND PHYSICAL FORMATION IS PROVIDED. THESE SCHOLARSHIPS ADDRESS THE OPPORTUNITY GAP FOR LOW-INCOME FAMILIES TRYING TO BREAK A CYCLE OF POVERTY BY CHOOSING TO ATTEND A QUALITY SCHOOL. SEEDS OF HOPE ALSO STRIVES TO ASSIST AND SUSTAIN THESE CATHOLIC COMMUNITIES WHICH SUPPORT FAMILIES IN ALL ASPECTS OF LIFE. THESE GRANTS NOT ONLY ALLOW FOR PARENT CHOICE IN EDUCATION, BUT ALSO BOLSTER EACH SCHOOL'S TUITION INCOME. THE MISSION OF SEEDS OF HOPE IS TO CULTIVATE MINDS AND HEARTS FOR CHRIST BY STRIVING TO MAKE A TRANSFORMATIVE CATHOLIC EDUCATION FINANCIALLY ACCESSIBLE TO ANY FAMILY WHO SEEKS IT. EDUCATION IS THE GREAT EQUALIZER, OPENING THE DOORS TO A LIFETIME OF OPPORTUNITIES AND A FUTURE FULL OF HOPE. FORM 990, PART III LINE 4A WITH THE BELIEF THAT EDUCATION IS THE KEY TO A BRIGHTER FUTURE, SOH GIVES FAMILIES THE CHOICE TO SEND THEIR CHILDREN TO A CATHOLIC SCHOOL WITH THE MISSION TO CULTIVATE MINDS AND HEARTS FOR CHRIST BY STRIVING TO MAKE A TRANSFORMATIVE CATHOLIC EDUCATION FINANCIALLY ACCESSIBLE TO ANY FAMILY WHO SEEKS IT. BY PROVIDING SCHOLARSHIPS AND TUITION ASSISTANCE THROUGH INC. AND TRUST, SOH BELIEVES THAT STUDENTS WHO DESIRE THE BENEFITS OF CATHOLIC EDUCATION SHOULD NOT BE TURNED AWAY BECAUSE OF FINANCIAL LIMITATIONS. STUDIES SHOW THAT STUDENTS IN IMPOVERISHED, HIGH-MINORITY AREAS PERFORM BETTER AND HAVE MORE OPPORTUNITIES FOR LONG-TERM SUCCESS IF THEY CAN CHOOSE A QUALITY EDUCATION ENVIRONMENT. DATA FROM A RECENT SOH ALUMNI SURVEY REFLECTS THE OUTSTANDING QUALITY EDUCATION AND SPIRITUAL DEVELOPMENT THAT THE AOD CATHOLIC K-8 SCHOOLS PROVIDE WITHIN THE COMMUNITY. THE GOOD PERFORMED BY CATHOLIC SCHOOLS IS UNDENIABLE, A MISSION TO JOYFULLY EDUCATE THE WHOLE PERSON AND FORM WITNESSES WHO WILL TRANSFORM THE WORLD. THE CATHOLIC SCHOOLS SERVED THIS YEAR BY SOH OFFER EXACTLY THAT - A QUALITY ALTERNATIVE TO PUBLIC SCHOOLS AND PROVIDE: A FAITH-BASED SETTING, A SAFE LEARNING ENVIRONMENT, A NURTURING COMMUNITY THAT REINFORCES FAMILY, HIGHER LEVELS OF PARENTAL ENGAGEMENT, AND A RIGOROUS ACADEMIC CURRICULUM. WITH THAT IN MIND, IN FISCAL YEAR 2024, SOH (INC. AND TRUST) OFFERED HOPE SCHOLARSHIPS RANGING FROM 500 TO 3,500 PER STUDENT, DEPENDING ON NEED. APPLICATIONS FOR ASSISTANCE ARE REVIEWED TO DETERMINE WHETHER STUDENTS AND THEIR FAMILIES MEET THE SOH HOUSEHOLD INCOME ELIGIBILITY GUIDELINES, BASED ON THE U.S. FEDERAL POVERTY GUIDELINES (FPG). ALTHOUGH FAMILIES MAY RECEIVE ASSISTANCE FROM SOURCES IN ADDITION TO SOH, FAMILIES ARE ALL REQUIRED TO CONTRIBUTE FINANCIALLY TO THEIR CHILDREN'S TUITION. PARENTS MAKE SIGNIFICANT SACRIFICES TO CONTRIBUTE TO THE COST OF TUITION TO ENSURE THEIR CHILDREN RECEIVE A CATHOLIC EDUCATION. THIS CONTRIBUTION FROM THE FAMILY CREATES A SENSE OF PRIDE AND ACCOUNTABILITY BECAUSE THE FAMILY IS DOING SOMETHING VALUABLE FOR THEIR CHILDREN. SOHS PRIMARY FOCUS CONTINUES TO BE THE SUPPORT OF AS MANY LOW- INCOME STUDENTS AS POSSIBLE, WORKING TO MAKE HOPE SCHOLARSHIPS AVAILABLE TO MORE FAMILIES TO BROADEN THE IMPACT OF SOH WITHIN THE COMMUNITY. INCOME ELIGIBILITY GUIDELINES (IEG) FOR SCHOLARSHIPS IS 300% OF THE FEDERAL POVERTY GUIDELINES (FPG). TO PROMOTE AWARENESS OF THE IEG, SEEDS OF HOPE HAS INCREASED MARKETING EFFORTS TO HIGHLIGHT THE AFFORDABILITY OF CATHOLIC EDUCATION IN THE AOD TO ENCOURAGE SCHOOL-AGED CHILDREN TO ATTEND AN AOD K-8 CATHOLIC SCHOOL. DURING FY2024, TO ENCOURAGE ENROLLMENT IN CATHOLIC SCHOOLS, SOH FUNDED AN INDEPENDENT TARGET MARKETING CAMPAIGN FOCUSED ON FINDING OUT THE QUALITATIVE MINDSET OF FAMILIES THAT DO NOT SEND THEIR CHILDREN TO CATHOLIC SCHOOLS. THE RESULTS OF THIS CAMPAIGN ALLOW THE AOD K-8 CATHOLIC SCHOOLS TO TAILOR MARKETING EFFORTS TO ENCOURAGE MORE FAMILIES TO ENROLL IN CATHOLIC SCHOOLS. WITH THE MISSION TO CONTINUE TO SERVE LOW-INCOME, HIGH MINORITY POPULATIONS, SOH (INC. AND TRUST) OFFERS HOPE SCHOLARSHIPS TO ANY INCOME-ELIGIBLE STUDENT/FAMILY ATTENDING ANY OF THE 33 AOD CATHOLIC K-8 SCHOOLS. QUALIFYING STUDENTS AND THEIR FAMILIES AT ANY AOD CATHOLIC K-8 SCHOOL ARE ELIGIBLE TO APPLY FOR A HOPE SCHOLARSHIP. DURING THE YEAR ENDED JUNE 30, 2024, CONSOLIDATED AND COMBINED SOH PROGRAMS PROVIDED TUITION ASSISTANCE AND GRANTS TO SCHOOLS TOTALING APPROXIMATELY 2,800,000 TO ABOUT 1,360 DESERVING STUDENTS. THROUGH THIS SUPPORT, SOH MADE A QUALITY, CHARACTER-BUILDING, FAITH-BASED EDUCATION POSSIBLE FOR FAMILIES STRUGGLING TO MEET TUITION COSTS. THE AVERAGE SOH FAMILY RECEIVING A HOPE SCHOLARSHIP HAS A MEDIAN INCOME OF 52,258 WITH 5 INDIVIDUALS IN THE FAMILY AND AN INCOME LEVEL THAT QUALIFIES FOR THE USDA FREE AND REDUCED LUNCH PROGRAM. AS A CONTINUED SERVICE FOR THE OFFICE OF CATHOLIC SCHOOLS, SOH CONTINUES TO MAINTAIN AND DEVELOP THE ONLINE VARIABLE TUITION PROGRAM (VTP), WHICH GATHERS IMPORTANT DATA AND INFORMATION FROM FAMILIES AND STUDENTS TO HELP SCHOOLS CALCULATE AFFORDABLE TUITION. DURING FISCAL YEAR 2024, THE VTP WAS OPENED TO 28 AOD CATHOLIC K-8 SCHOOLS. FORM 990, PART V LINE 2A AND PART VI, SECTION B, LINES 12-15: SEEDS OF HOPE CHARITABLE TRUST HAS NO EMPLOYEES. THE ADMINISTRATIVE FUNCTIONS OF THE TRUST ARE CARRIED OUT BY EMPLOYEES OF SEEDS OF HOPE OF NORTHERN COLORADO INC. (INC.). IN PROVIDING THESE SERVICES, THE EMPLOYEES OF INC. FOLLOW THE WRITTEN CONFLICT OF INTEREST, RECORD RETENTION, AND WHISTLEBLOWING POLICIES OF INC. THE TRUST REIMBURSES INC. FOR THE PORTION OF THESE EMPLOYEES' COMPENSATION ALLOCATED TO THE TRUST BASED ON THE AMOUNT OF TIME SPENT PERFORMING THESE SERVICES. THEREFORE, A PROCESS FOR DETERMINING THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND TOP MANAGEMENT IS NOT RELEVANT TO THE TRUST. FORM 990, PAGE 6, PART VI, LINE 3 THE AFFAIRS AND OPERATIONS OF THE TRUST ARE MANAGED BY SEEDS OF HOPE OF NORTHERN COLORADO, INC., AS THE SOLE TRUSTEE OF TRUST. FORM 990, PAGE 6, PART VI, LINE 7A THE ARCHBISHOP OF THE ARCHDIOCESE OF DENVER MUST APPROVE THE APPOINTMENT OF ANY DIRECTOR FOR THE BOARD OF DIRECTORS ON SEEDS OF HOPE OF NORTHERN COLORADO, INC., THE SOLE TRUSTEE OF THE TRUST. FORM 990, PAGE 6, PART VI, LINE 7B THE TRUST'S TRUST AGREEMENT MAY BE AMENDED IN WHOLE OR IN PART BY THE ARCHBISHOP OF DENVER IN CONSULTATION WITH THE BOARD OF DIRECTORS OF INC. FORM 990, PAGE 6, PART VI, LINE 11B THE REVIEW AND APPROVAL OF THE FORM 990 FOR SEEDS OF HOPE CHARITABLE TRUST IS PERFORMED BY THE SEEDS OF HOPE OF NORTHERN COLORADO, INC.'S BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PAGE 12, PART XII, LINE 2C THIS PROCESS DID NOT CHANGE DURING THE TAX YEAR. ARCHDIOCESE OF DENVER 1300 S STEELE ST DENVER CO 80210 840499858 RELIGIOUS CO 501C3 1 NA false SEEDS OF HOPE OF NORTHERN COLORADO 1300 S STEELE ST DENVER CO 80210 821844617 PART VII CO 501C3 7 NA false false false false false false false false false false false true false true true true true false false false NA SCHEDULE R PART II, (B): NAME: SEEDS OF HOPE OF NORTHERN COLORADO, INC. PURPOSE: TO FURTHER CATHOLIC EDUCATION PURPOSES.