University of Colorado Foundation
University of Colorado Foundation
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About this organization
Mission
The University of Colorado Foundation is the portal for philanthropic giving to the University of Colorado and is responsible for receiving, managing, and investing the endowments and other gift funds the Foundation holds for the benefit of CU.
About
For over 50 years, the University of Colorado Foundation has partnered with the University of Colorado to enhance philanthropic support for CU. Private support for the University, given through the philanthropic portal of the Foundation, enables the University to transform lives through education, research, clinical care and community engagement. See the Impact Report 2023 and the CU Foundation’s Audited Financial Statements for highlights of the Foundation’s fiscal year ending June 30, 2023. See CU Foundation’s Financial and Investment Documents for additional years, fiscal policies and guides. The Foundation was founded in 1967 by a group of dedicated alumni and community leaders who sought to raise and invest private funding for the University to augment its other revenue streams. The CU Foundation is a legally separate 501(c)(3) charitable organization that functions as a part of CU Advancement. The Foundation focuses its efforts on donor stewardship through customer service and assurance in gift acceptance, processing and administration. The Foundation invests and allocates gift funds in a manner consistent with the purposes established by donors, and distributes dollars from its managed funds to support a wide variety of programs and activities throughout the University system and on its four campuses.
Interesting data from their 2020 990 filing
The filing reveals the mission of the non-profit as “We receive, manage and prudently invest private support for the benefit of the university of colorado and support the university's philanthropic endeavors through donor stewardship.”.
When detailing its functions, they were listed as: “We receive, manage & prudently invest private support benefiting the university of colorado.”.
- According to the law, the state where the non-profit operates has been reported as CO.
- The filing specifies that the non-profit's address in 2020 was 1800 GRANT STREET SUITE 725, DENVER, CO, 80203.
- As of 2020, the non-profit's form shows they have a total of 30 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $76,060,227.
- The organization has 19 independent voting members.
- The organization was formed in 1967.
- The organization pays $3,250,037 in salary, compensation, and benefits to its employees.
- The organization pays $24,842,160 in fundraising expenses.
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