The Norby Family Foundation
EIN 461571598 Private FoundationAbout
We respectfully request that The Norby Family Foundations's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $19 penalty indicated on Form 2220 be abated because the underpayment in Q2, Q3, and Q4 was due to reasonable cause. Treasury Regulations Sec 301.6651-1(c)(1) defines reasonable by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to calculate its quarterly estimates for tax period ending December 31, 2024. The firm's software correctly determined that the foundation could pay its Q2, Q3, and Q4 estimate based on prior year tax liability. However, since that liability was under $500, the software incorrectly indicated that no quarterly payment was due. As soon as the error was discovered, the foundation paid the required tax. We believe that the underpayment was due to reasonable cause and in no way due to an intentional disregard for the rules and respectfully request that no 2220 penalty be assessed.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $21K | $532K | $19K | 3 |
| 2018 | $21K | $517K | $57K | 3 |
| 2020 | $24K | $854K | $240K | 3 |
| 2021 | $24K | $965K | $69K | 3 |
| 2022 | $37K | $859K | $95K | 4 |
| 2023 | $38K | $895K | $28K | 4 |
| 2024 | $38K | $999K | $69K | 4 |
Grant Size Distribution
Based on 24 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (24 total)
| Purpose | ||||
|---|---|---|---|---|
| Foothills Gateway Inc | Fort Collins, CO | $18,000 | This grant is to be applied to Adult Care Services House Repairs and Furnishings, to Residential... | 2020 |
| Foothills Gateway Inc | Ft Collins, CO | $18,000 | BrightStart Program, START COORDINATION PROGRAM, THE GIVING TREE PROGRAM | 2021 |
| Foothills Gateway Inc | Fort Collins, CO | $17,500 | ACS Repairs and Furnishings, Infant Support Team, & START Coordination | 2023 |
| Foothills Gateway Inc | Ft Collins, CO | $17,500 | General & Unrestricted | 2022 |
| Foothills Gateway Inc | Fort Collins, CO | $17,000 | Child & Family Needs Fund, Person Centered Training Fund, Giving Tree - Seasonal Program, and for the Hopes,... | 2024 |
| Foothills Gateway Inc | Fort Collins, CO | $15,000 | Healthy Relationship Classes,Child & Family Needs Fund, Adult Care Services Scholarship FUND | 2018 |
| Foothills Gateway Inc | Fort Collins, CO | $15,000 | NICU Training and Adult Relationship and Sex Education | 2016 |
| Thinkhumanity Inc | Loveland, CO | $10,000 | General & Unrestricted | 2023 |
| Thinkhumanity Inc | Loveland, CO | $10,000 | General & Unrestricted | 2024 |
| Thinkhumanity Inc | Loveland, CO | $10,000 | General & Unrestricted | 2022 |
| Boys and Girls Clubs of Metro Denver Inc | Denver, CO | $6,000 | General & Unrestricted | 2024 |
| University of Colorado Foundation-Denver Campus | Denver, CO | $5,000 | Charitable Event | 2018 |
| University of Colorado Foundation-Denver Campus | Denver, CO | $5,000 | Denver Campus Center for Inclusive Design and Engineering | 2020 |
| University of Colorado Foundation-Denver Campus | Denver, CO | $5,000 | CIDE program | 2021 |
| Boys and Girls Clubs of Metro Denver Inc | Denver, CO | $5,000 | General & Unrestricted | 2023 |
| University of Colorado Foundation-Denver Campus | Denver, CO | $5,000 | General & Unrestricted | 2023 |
| University of Colorado Foundation | Denver, CO | $5,000 | De Ja Vu Event | 2024 |
| University of Colorado Foundation-Denver Campus | Denver, CO | $5,000 | Assistive Technology Partners Program | 2016 |
| University of Colorado Foundation-Denver Campus | Denver, CO | $5,000 | General & Unrestricted | 2022 |
| Boys and Girls Clubs of Metro Denver Inc | Denver, CO | $4,500 | General & Unrestricted | 2022 |
| Rocky Mountain Down Syndrome Association Inc | Denver, CO | $1,200 | General & Unrestricted | 2016 |
| Rocky Mountain Down Syndrome Association Inc | Denver, CO | $1,185 | General & Unrestricted | 2018 |
| Rocky Mountain Down Syndrome Association Inc | Denver, CO | $1,000 | General & Unrestricted | 2020 |
| Rocky Mountain Down Syndrome Association Inc | Denver, CO | $1,000 | General & Unrestricted | 2021 |