Since inception, the Foundation has granted over $15 million into the Telluride community and is the largest funder and supporter of nonprofits in this region. By year end 2010, the Foundation will have granted over $18 million and established itself as a national rural-resort community foundation model.
"This will be quite a celebratory weekend," said Co-Chair of the Board of Director for the Telluride Foundation, Ed Barlow. "We are so proud of all the accomplishments, so thankful to our donors and amazed by all the good works of the nonprofits who really make Telluride better."
As a community foundation the Telluride Foundation does three things: distributes cash grants to regional area nonprofits and community groups; provides training and assistance to regional nonprofits to improve their efficiency and build their capacity; and facilitates initiatives that address unmet and emerging community issues, where it can have a direct impact and raise outside funding to implement.
Ron Allred and Hideo "Joe" Morita founded the Telluride Foundation in 2000. Soon after, Paul Major was hired to be its President. A Board of Directors representing the wide range of interests, experience and brakground of Telluride first met in December 2000. Ron Allred and General H. Norman Schwarzkopf served as the founding Co-Chairmen. The Foundation started without an endowment, but to initiate the organization, Ron Allred got commitments from 13 people, who each contributed $100,000 over four years. The Foundation has since received over 3,800 donations totaling over $26 million in gifts and future pledges in amounts of all levels since 2000.
The Telluride Foundation exists to create a stronger Telluride community through the cultivation and promotion of philanthropy. It is a nonprofit, apolitical community foundation that provides year-round support for local organizations involved in arts, education, athletics, charitable causes, land conservation and other community-based efforts through technical assistance, education and grant making. As a grant maker, the Foundation awards grants to qualified applicants that serve the people living and/or working in the Telluride region for the purpose of enhancing the quality of life within the region. For more information on the Telluride Foundation, visit www.telluridefoundation.org.