Telluride Foundation: Grants to 58 Regional Organizations!

07 Jan Telluride Foundation: Grants to 58 Regional Organizations!

The coronavirus is a shared (and daunting) greater Telluride community experience. The effects on Telluride’s economy and health are unprecedented. Frequently Asked Questions about the Telluride Foundation’s Covid-19 Response Fund. Click HERE to make a donation or contact Katie Singer at (970) 729-1807 or katie@telluridefoundation.org.

For more info on COVIDCheck Colorado, go here.

The past year, 2020, was tough for many nonprofits. Some experienced more need and more clients than ever before; others have had to completely change their service structure or manner of operations; many have had to cancel events and lay off or furlough employees. The one common factor among the organizations is that it is hard to plan for 2021 and confidently approve future budgets.

With this uncertainty, the Telluride Foundation received 67 Community Grant requests seeking financial relief totaling $1,307,990. The Telluride Foundation’s Community Grants are an annual financial boost to regional nonprofits, supporting many critical services for families and programs that enrich the community. These grants, now more than ever, will be essential to many nonprofits seeking to help the regional community get through the pandemic next year.

The Telluride Foundation Board of Directors recently approved its annual Community Grant awards, giving $965,000 to regional nonprofits. This year, the Foundation partnered with two donor advised funds, the Saul Zaentz Foundation and the Hermitage Fund to increase its grant awards for specific targeted nonprofits. These grants will be distributed to organizations working every day to improve the quality of life in the communities of Nucla/Naturita, Norwood, Telluride, Rico, Ridgway, Ouray and everywhere in between.

“Awarding these grants seems more important than ever before,” said April Montgomery, Vice President, Programs at the Telluride Foundation. “Every application expressed more need, more passion, and more urgency than in the past; as a whole, our nonprofit community is so incredibly dedicated, and it’s an honor to be able to support the work they do because of our extremely generous donors.”

On December 29th, the Foundation’s Board of Directors met to finalize this year’s awards, which combined with other programs and initiatives, brings the total invested in our region in 2020 to just over $5.2M. Since its inception in 2000, the Telluride Foundation has provided over $70 million in grants and other financial support to the Telluride region. All of this without an endowment.

“While every year our task of making grant awards is difficult, this year was exceptionally difficult. We were missing our colleague Adam Max (who passed away this year), and the requests of health and human service organizations to meet the impact of COVID were extensive; community organizations needed us more than ever this year,” said Sara Bachman, Telluride Foundation Board Member and Chair of the Grants Committee.

“I’m proud of the commitment of our Grants Committee and the decisions we made. Additionally, I am very proud of all of the nonprofit organizations that we serve and their resiliency and innovation while weathering this pandemic.”

In its 2020 annual Community Grants cycle, the Foundation received 67 applications seeking over $1.3 million. Grant awards ranged from $500 to $155,066, with 39 percent going to health and human services; 21 percent funding arts and culture; 17 percent to early childhood development; 11 percent to education; 7 percent to the environment/animals; and 5 percent to athletic groups.

“With our 20th anniversary in 2020, we want to especially celebrate the work of community nonprofits and acknowledge the critical work they do,” said Paul Major, President & CEO of the Telluride Foundation. “We have come a long way from our first grant cycle in 2001, where we gave 16 organizations just over $150,000. We are all incredibly fortunate to have the amazing generosity of so many donors who have supported the community for so many years.”

The Telluride Foundation’s Community Grant award recommendations were drafted by a six-member Grants Committee, all of whom sit on the Foundation’s Board of Directors. The Committee evaluated the grant requests against a rigorous set of criteria this year, emphasizing human service and health needs due to COVID-19, and then forwarded their recommendations for funding to the full Board for review and final approval.

The Grants Committee is comprised of Sara Bachman, Chair, Arnie Chavkin, Karen Conway, DeeDee Decker, Jesse Johnson, and Ximena Rebolledo-Leon.

The Foundation’s next round of local grant applications will be accepted in October 2021 and announced at the end of December 2021.

The Foundation’s generous donors not only enable its annual Community Grant awards, but also have allowed the Foundation to expand its funding and the reach of its Impact Initiatives, including Telluride Venture Accelerator, Broadband Expansion, Local Food, family emergency Good Neighbor Fund, and Strong Neighbors. This year, donors raised an additional $1.2M for the COVID-19 Response Fund to provide hardship assistance grants to individuals and families and emergency grants to nonprofits on the frontline of the pandemic.

Telluride Foundation, more:

The Telluride Foundation exists to create a stronger Telluride and regional community through the promotion and support of philanthropy. 2020 marks 20 years of “making more possible” through the Telluride Foundation’s commitment to enrich the quality of life of the residents, visitors, and workforce of the Telluride region.

The Telluride Foundation is a nonprofit, apolitical community foundation that makes grants to nonprofits, owns and operates programs that meet emerging and unmet community needs, and makes investments.

The Foundation approaches this work through the lens of its core values of inclusion, self-reliance, and innovation. Its work is funded through the generous support of individual donors as well as grants from state and national foundations.

The Foundation hopes the community will join it in celebrating its 20th anniversary as it honors the nonprofits, donors, and community members who have all partnered together to achieve a significant positive impact on the region.

For more information click on www.telluridefoundation.org.