“Colorado Giving Voice” Blog

Colorado Foundation Giving At Record High

Colorado Foundation Giving Hits Record High

Contributes to overall annual giving of more than $4 billion by Coloradans

DENVER – Giving by Colorado’s foundations reached a record $803 million in 2013, increasing 11 percent from the previous year and 150 percent over the past decade, according to a new report by Colorado Association of Funders, the statewide network of grantmakers. Combined with donations by individual Coloradans, annual charitable giving in Colorado totaled almost $4.2 billion.

“This is the time when Colorado’s charitable organizations depend on year-end donations of any amount, so it’s heartening to see that Coloradans continue to give,” said Joanne Kelley, Executive Director of Colorado Association of Funders. “We’re also pleased to report that overall foundation giving continues to expand to record levels after several bumpy years following the Great Recession.”

The 2015 report, produced in partnership with the Foundation Center in New York, provides an updated snapshot of the scope of charitable giving in Colorado.

Other findings in the data for 2013, the most recent year for which complete information is available:

  • Colorado is home to more than 1,350 grantmaking foundations supporting nonprofits and other social causes.
  • In 2013, Colorado-based foundations held more than $12 billion in charitable assets. Overall grantmaking rose to $803 million, up 11 percent from $724 million in the previous year. Over a 10-year period, giving by Colorado foundations has increased 150 percent from $321 million in 2003.
  • Colorado’s foundations distributed the largest share of their grant dollars to health (33 percent) and education (31 percent), followed by human services (11 percent).
  • Colorado foundation giving far outstrips giving by other states in the surrounding eight-state mountain region, with Nevada ($324 million) and Arizona ($281 million) ranking a distant second and third overall.
  • Grant recipient organizations in Colorado also receive significant funding from non-Colorado foundations. In addition to the $803 million in giving by Colorado foundations, grantmaking foundations based outside the state gave a total of $240 million in grants to Colorado, with the Bill & Melinda Gates Foundation contributing $44.7 million.
  • Of the overall $4.2 billion in charitable giving by Coloradans and Colorado foundations in 2013, 78 percent was contributed by individuals. Foundations account for 19 percent of overall philanthropic giving in the state, while bequests made through wills make up the remaining amount at 2.5%. (See data on individual giving based on IRS statistics in “The Charitable Deduction in Colorado.”)

More information about Colorado foundation giving and individual giving can be found on CAF’s website.

 

ABOUT FOUNDATION CENTER

Established in 1956, Foundation Center is the leading source of information about philanthropy worldwide. Through data, analysis, and training, it connects people who want to change the world to the resources they need to succeed. Foundation Center maintains the most comprehensive database on U.S. and, increasingly, global grantmakers and their grants— a robust, accessible knowledge bank for the sector. It also operates research, education, and training programs designed to advance knowledge of philanthropy at every level. Thousands of people visit Foundation Center’s website each day and are served in its five library/learning centers and at more than 450 Funding Information Network locations nationwide and around the world. For more information, please visit foundationcenter.org or call (212) 620-4230.

 

ABOUT COLORADO ASSOCIATION OF FUNDERS

The Colorado Association of Funders is a statewide network of more than 80 private foundations, community foundations, family foundations, corporate funders, federated funds and workplace giving programs. As the only organization in Colorado dedicated to serving the full spectrum of funders, the Colorado Association of Funders acts as a key local resource for foundations and other funders seeking to promote philanthropy, share ideas and expertise, and collaborate on funding strategies to expand their reach across the state and beyond. We honor the diverse missions of our members while working toward shared goals that advance the sector and benefit Colorado. For a list of our members and for more information, please visit coloradofunders.org or call (303) 398-7454.

 

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Colorado Nonprofits Applaud Congress for Supporting Charities and Communities They Serve

  • December 18, 2015
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Today, Congress approved The Protecting Americans from Tax Hikes (PATH) Act, which includes several items that benefit donors, charitable organizations and the communities they serve. In particular, The PATH Act enacts permanent tax incentives for donations of food, land for conservation purposes, and cash from Individual Retirement Accounts.

Although these policies have been part of the tax code for the nearly a decade, Congress originally approved these policies on a temporary basis. On several occasions, Congress allowed the policies to expire for particular years or renewed late in the year, which limited opportunities to make qualifying donations and left donors uncertain of how these tax incentives would be applied to their contributions.

“For years, these tax policies have helped our state’s nonprofits meet Coloradans’ food needs, conserve wildlife habitat and recreational spaces, and encouraged seniors to give back to organizations that make Colorado a great place to live. Nonprofits signed our letters and contacted members of Congress to make their voices heard.  We applaud Congress for passing The PATH Act and making these charitable giving incentives available to donors permanently,” Colorado Nonprofit Association, Director of Public Policy Mark Turner said.

Nationally, since 2006, the incentives have enabled land trusts to conserve over two million acres of land.

“This legislation has been a national policy goal for the Colorado land conservation community for many years,” says Amanda Barker, Executive Director, at the Colorado Coalition of Land Trusts.  “We applaud the Colorado Nonprofit Association and the coalition of supporting nonprofits for their efforts to get this passed. The permanent tax deduction is an incredibly valuable tool for Colorado landowners deciding whether to protect their land and water with a conservation easement. We have so much to celebrate today!”

These tax incentives have helped food banks access over 70 billion pounds of nutritious food that would otherwise be wasted and generated hundreds of millions of dollars in IRA gifts to charities.

“Community foundations supporting critical needs in our state rely on the IRA charitable rollover to raise crucial funding each year,” said Joanne Kelley, Executive Director of the Colorado Association of Funders, the statewide network for foundations and others supporting philanthropic causes. “We have been working in partnership with others to make this a permanent, year-round option for donors to ensure it has the maximum impact on charitable giving.”

The PATH Act also permanently makes several tax credits to help working families including the Child Tax Credit (CTC), the American Opportunity Tax Credit, and the Earned Income Tax Credit (EITC). If Congress had allowed these policies to expire, nearly 264,000 Colorado families, including 129,000 children, could have fallen into or deeper into poverty when key pieces of the EITC and CTC expire in 2017, according to the Colorado Fiscal Institute.

 

 

 

Announcing our 2016 officers and new directors

Our board slate was unanimously approved by members at our annual meeting on Nov. 5, 2015. Thanks to all who attended.
 
We are delighted to announce our board officers for 2016:
  • Chair: Marla J. Williams, President and CEO, Community First Foundation (Continuing by virtue of a previous election to a two-year term)
  • Vice Chair: Mark D. Andersen, Executive Director, Yampa Valley Community Foundation
  • Secretary: Ned Calonge, President and CEO, The Colorado Trust
  • Treasurer:Joseph Ignat, Representative, Nord Family Foundation
The following directors have been elected to a first term starting Jan 1, 2016 and ending Dec. 31, 2018:
  • Ned Calonge, President and CEO, The Colorado Trust
  • Heather Carroll, President, Joseph Henry Edmondson Foundation
  • Anne Garcia, Chief Financial and Operating Officer, Rose Community Foundation
  • Amy Latham, Vice President of Philanthropy, Colorado Health Foundation
  • Gary Steuer, President and CEO, Bonfils-Stanton Foundation
  • Abel Wurmnest, Program Officer, Anschutz Family Foundation
The following director has been elected to a second term starting January 1, 2016 and ending Dec. 31, 2018
  • Ruth Rohs, Executive Director, IMA Foundation
Continuing on the board by virtue of a previous election:
  • Mark D. Andersen, Executive Director, Yampa Valley Community Foundation
  • Joe Ignat, Representative, Nord Family Foundation
  • Gary Butterworth, Senior Vice President, El Pomar Foundation
  • Ellen Sandberg, Executive Director, CH2M Foundation
  • Lynne Valencia, Vice President Community Relations, 9News/TEGNA Foundation
  • Marla J. Williams, President and CEO, Community First Foundation
And many thanks to directors completing their board service at the end of 2015: 
  • Rob Greenlee, Executive Director, Greenlee Family Foundation
  • Alyssa Anne Kopf, CEO, Community Shares of Colorado
  • Sue Renner, Executive Director, David & Laura Merage Foundation
  • Tamara Tormohlen, Executive Director, Aspen Communtiy Foundation
  • Chris Wiant, President & CEO, Caring for Colorado Foundation
Thank you to all of these individuals for their service on behalf of the sector.

Colorado Impact Initiative: Impact Investing in Education and Early Childhood

  • October 29, 2015
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Are you interested in learning how impact investing can benefit early childhood enrichment and educational advancement? Join us on November 10 for an interactive learning session with Dr. Stephanie Gripne of the Colorado Impact Finance Center and Linda Appel Lipsius, co-founder and CEO of mama’hood and Teatulia. As part of the Colorado Impact Initiative, The Colorado Association of Funders, Rose Community Foundation and Impact Finance Center are hosting this specific session focused on Education & Early Childhood Impact Investing. Dr. Stephanie Gripne and Linda Appel Lipsius will give a community presentation on the Colorado Impact Initiative, Colorado Impact Days, and impact investing in the Education & Early Childhood Track.

This event is open to all funders and invited guests.

RSVP to: Alex Talavera at Rose Community Foundation – email hidden; JavaScript is required

Speaker Biographies:

Dr. Stephanie Gripne is an academic entrepreneur, impact investor, philanthropic advisor, researcher, educator and the creative force behind the Impact Finance Center, Colorado Impact Initiative and Colorado Impact Day. Stephanie founded the Impact Finance Center in 2012 and formed the partnership between University of Denver Daniels College of Business and Rockefeller Philanthropy Advisors – Sustainable Endowment Institute.

Linda Appel Lipsius is the Co-Founder & CEO of the mama ‘hood. The mama ‘hood is a unique and innovative Denver/Boulder-based business that supports new and expecting moms and their families through expert breast-feeding support, prenatal, postnatal, kids & family yoga, childbirth education courses, parenting classes and high quality retail. In addition, Linda runs Teatulia Organic Teas where she’s been working with her partners in Bangladesh since 2006 to bring premium-quality, sustainably-sourced teas from a previously-unknown growing region to the United States and Europe.

Are you coming to our Annual Meeting?

Catch up on what’s happening at CAF and cast your vote on our great slate of 2016 board members and officers. Enjoy lunch with colleagues and take part in our interactive keynote. This year we’re featuring well-known philanthropy thought leader Mark Sedway of The Giving Practice and Philanthropy Awareness Initiative.

Don’t forget to take advantage of our early-bird registration by Oct. 15.

Don’t miss our funder exchange on 9/15!

CAF members: Are you trying to keep up with all the changes happening at colleague foundations? Strategic priorities? Focus areas? They continue to shift as foundations look to increase their impact. On top of that, many foundations have new leaders and staff. By popular demand, we’ve developed a program that will allow members to come together to make sense of it all. Be prepared to share and learn in a session facilitated by Adrienne Mansanares of the Denver Foundation.

Learn more about registering here.

Colorado Trust CEO, Colorado Health VP appointed to CAF board through 2015

  • May 19, 2015
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We’re pleased to announce our board voted unanimously to approve the appointments of two new directors — Ned Calonge of The Colorado Trust and Amy Latham of The Colorado Health Foundation — to serve through the end of 2015.

Dr. Calonge, President and CEO of The Colorado Trust, will fill the director and Board Secretary officer position previously held by Gay Cook, who left The Colorado Trust earlier this year.

Before joining The Trust in 2010, Dr. Calonge served as Chief Medical Officer of the Colorado Department of Public Health and Environment. Dr. Calonge was also Chief of the Department of Preventive Medicine for the Colorado Permanente Medical Group and a family physician for 10 years. Dr. Calonge’s academic appointments include Associate Professor, Family Medicine, University of Colorado Denver (UCD) School of Medicine; and Associate Professor of Epidemiology, UCD School of Public Health.

Dr. Calonge serves on the boards of Delta Dental Foundation and LiveWell Colorado. Nationally, he is past Chair of U.S. Preventive Services Task Force and a member of the Centers for Disease Control and Prevention’s Task Force on Community Preventive Services. He is Chair of the CDC’s Evaluating Genomic Applications for Practice and Prevention Workgroup, and is a consultant for and past member of the Advisory Committee on Heritable Disorders in Newborns and Children in the Maternal and Child Health Bureau in the Health Resources and Services Administration. Dr. Calonge is a member of the Institute of Medicine’s Roundtable on the Promotion of Health Equity and the Elimination of Health Disparities. He is a past member and President of the Colorado Medical Board.

Dr. Calonge earned a Bachelor of Arts degree in Chemistry from The Colorado College, a Master of Public Health degree from University of Washington and a Medical Doctorate from University of Colorado. He has been board-certified in Family Medicine and Preventive Medicine, and was elected to the Institute of Medicine in 2011.

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Amy Latham, Vice President, The Colorado Health Foundation, has been appointed to fill the director position held by Kelly Dunkin, who is leaving the foundation at the end of May to move to Peru with her family.

Latham is currently serving as interim vice president of philanthropy at The Colorado Health Foundation, leading all of the foundation’s grantmaking teams to invest in nonprofits throughout the state. She also serves as the portfolio director for health care and health coverage. In that role, she oversees the Foundation’s efforts to ensure that all Coloradans have health coverage, as well as the Foundation’s strategies to ensure that Coloradans achieve health with support from a network of primary health care and community services. She has been with the Foundation since 2008, serving in program officer and communications roles prior to her current position.

Amy moved to Colorado from Missouri, where she was director of communications and public policy for Missouri Family Health Council, a nonprofit health care organization. She began her career as a newspaper reporter and later did public relations and strategic communications for a telecommunications company before entering the nonprofit world. Amy holds a bachelor’s degree in English from Tulane University and a Masters of Public Administration from the University of Missouri.

Update: Nepal disaster relief resources

For those wishing to respond in the aftermath of the earthquake in Nepal, our colleagues at the Center for Disaster Philanthropy have posted some information here. The center has also set up a recovery fund page for funders wishing to help with the medium- and long-term rebuilding and recovery efforts.

A webinar from noon to 1 pm mountain time will be held on Friday, May 1, to discuss needs and funding opportunities in Nepal. Register for the webinar here.

Nonprofit blogger Beth Kanter has compiled information here: www.bethkanter.org/nepal/. And here is a link to a donor’s guide to giving published in the Chronicle of Philanthropy. If you follow us on Twitter (@coloradofunders), we will also be sharing updated information there.

As always, we encourage our members to let us know what they are doing to aid the immediate relief and/or longer-term recovery efforts so we can share it with members.

 

Think knowing one foundation means you know one foundation?

  • April 7, 2015
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Turns out there are a few key things successful funders have in common. And it starts with the chief executive. 

CAF members are encouraged to take part in this special program to learn from experts both near and far and network with fellow leaders and peers. The program will include an interview with Fay Twersky, Director of the Effective Philanthropy Group at California-based William and Flora Hewlett Foundation, who will elaborate on findings in her report “Foundation Chief Executives as Artful Jugglers.”

A lively round robin with panelists from Colorado will capture viewpoints of several of our own leaders at various stages of foundation CEO experience:

  • Sheila Bugdanowitz, President & CEO, Rose Community Foundation
  • Lauren Casteel, President & CEO, Women’s Foundation of Colorado
  • Patrick Gaston, President, Western Union Foundation
  • Gary Steuer, President & CEO, Bonfils-Stanton Foundation

All CAF members are encouraged to take part in this special afternoon program and reception at History Colorado Center. Trustees, CEOs and staffers are all invited to participate!

Bonus: You can check out History Colorado Center’s 1968 exhibit while you are there.

REGISTER HERE

 

 

Philanthropy’s Awareness Gap?

When I started in this role more than five years ago, philanthropy had just discovered that fewer than two in 10 influential Americans — think policymakers, for instance — could name an example of a foundation’s impact on their community or an issue they cared about.

The research project known as the Philanthropy Awareness Initiative showed that only a little over one-third of these engaged individuals — elected officials, business leaders, government and nonprofit leaders — could even name a foundation at all.

This multi-year study concluded, among other things, that it won’t be a one-time effort to keep policymakers informed but rather an ongoing process of building connections and relationships.

Just this week, I ran across a blog headlined, “Does Philanthropy’s Awareness Gap still exist?

It was written about a Rockefeller Foundation convening of public officials working on disaster recovery and community resilience. The Philanthropy Northwest blog reported that those in attendance at the Seattle meeting seemed to have little understanding about philanthropy in their communities. But there were a couple of examples specifically mentioned by officials in the room, including the Colorado Association of Funders’ disaster planning and response work with the governor’s office here.

Raising awareness about philanthropy has become an increasingly important part of CAF’s mission, whether it’s through collecting relevant data or keeping policymakers informed about important work in Colorado’s communities.

We’ll (so far) be joined in Washington next month for our annual meetings with members of Congress by: Rebecca Arno (The Denver Foundation), Heather Carroll (Joseph Henry Edmondson Foundation), Kyle Hybl (El Pomar Foundation), Joe Ignat (Nord Family Foundation), Megan Ledin (Grand Foundation), Tim Schultz (Boettcher Foundation) and Sue Renner (David and Laura Merage Foundation).

All of this work only happens with our members’ support and involvement. Many thanks for all you do.