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Aspen Community Foundation
Aspen Community Foundation is a community foundation that serves the Roaring Fork and Colorado River Valleys of Western Colorado. Founded by the Aspen Skiing Company in 1980 to promote philanthropy in the community, the Aspen Foundation, as it was originally named, raised funds by distributing ski passes to donors: a similar tradition that exists to this day. The introduction of Donor Advised Funds in 2000 further guided the Community Foundation towards fiscal and administrative self-reliance. Aspen Community Foundation currently holds about 150 different types of funds and annually distributes about $5 million in grants through its donor advised, scholarships, organization and unrestricted grantmaking A grant is a fund given by an end entity grant – often a public body, charitable foundation, or a specialised grant-making institution – to an individual or another entity (usually, a non-profit organisation, sometimes a business or a local ... funds. External links Aspen ...
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Community Foundation
Community foundations (CFs) are instruments of civil society designed to pool donations into a coordinated investment and grant making facility dedicated primarily to the social improvement of a given place. Community foundations are a global phenomenon with 1700 existing around the world, of which over 700 are in the United States. Private foundations are typically endowed by an individual or a single family. Operation Community foundations are independent registered philanthropic institutions serving geographically defined territory, typically a city or administrative area (county, region and the like). The six main characteristics of the CFs are: # Act as grant-making foundations – e.g. give grants to support development projects # Their mission broadly defined – e.g. to improve quality of life in a community # Serve geographically defined communities – a city, state, region, district or province # Are supported by a broad range of private as well as public donors and ...
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Roaring Fork Valley
The Roaring Fork Valley is a geographical region in western Colorado in the United States. The Roaring Fork Valley is one of the most affluent regions in Colorado and the U.S. as well as one of the most populous and economically vital areas of the Colorado Western Slope. The Valley is defined by the valley of the Roaring Fork River and its tributaries, including the Crystal and Fryingpan River. It includes the communities of Aspen, Snowmass Village, Basalt, Carbondale, and Glenwood Springs. Mount Sopris and the Roaring Fork River serve as symbols of the Roaring Fork Valley. History The valley was inhabited by the Ute people prior to the coming of the first U.S. settlers over Independence Pass in 1879. The first settlers were prospectors looking for silver in the wake of the Colorado Silver Boom in nearby Leadville. Aspen flourished as a mining community in the late 1880s and early 1890s until the silver crash of 1893. In the late 19th century and early 20th century, coal mini ...
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Colorado River
The Colorado River ( es, Río Colorado) is one of the principal rivers (along with the Rio Grande) in the Southwestern United States and northern Mexico. The river drains an expansive, arid drainage basin, watershed that encompasses parts of seven U.S. states and two Mexican states. The name Colorado derives from the Spanish language for "colored reddish" due to its heavy silt load. Starting in the central Rocky Mountains of Colorado, it flows generally southwest across the Colorado Plateau and through the Grand Canyon before reaching Lake Mead on the Arizona–Nevada border, where it turns south toward the Mexico–United States border, international border. After entering Mexico, the Colorado approaches the mostly dry Colorado River Delta at the tip of the Gulf of California between Baja California and Sonora. Known for its dramatic canyons, whitewater rapids, and eleven National parks of the United States, U.S. National Parks, the Colorado River and its tributaries are a v ...
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Colorado Western Slope
The Western Slope is the part of the state of Colorado west of the Continental Divide. Bodies of water west of the Divide flow toward the Pacific Ocean; water that falls and flows east of the Divide heads east toward the Gulf of Mexico. The Western Slope encompasses about 33% of the state, but has just 10% of the state's residents. The eastern part of the state, including the San Luis Valley and the Front Range, is the more populous portion of the state. Location The Western Slope includes Delta, Dolores, Eagle, Garfield, Grand, Gunnison, Hinsdale, La Plata, Mesa, Moffat, Montezuma, Montrose, Ouray, Pitkin, Rio Blanco, Routt, San Juan, San Miguel, and Summit counties and portions of Archuleta, Mineral, and Saguache counties. The Western Slope has about 70% of the state's water. The Colorado River and its tributaries divide the region into north and south at Grand Junction, Colorado. The area has a climate similar to that of the Great Basin. History Prehistory Pal ...
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Aspen Skiing Company
The Aspen Skiing Company, known locally as Ski Co, is a commercial enterprise based in Aspen, Colorado. The Aspen Skiing Company operates the Aspen/Snowmass resort complex, comprising four ski areas: Aspen Mountain, Aspen Highlands, Buttermilk, and Snowmass. History The company was founded in 1946 by Friedl Pfeifer, an Austrian ski instructor and racing champion, Walter Paepcke, a successful Chicago industrialist, Judge William E. Doyle, James J. Johnston, and H. F. Klock. Paepcke also founded cultural institutions in the city, such as the Aspen Institute and the Aspen Music Festival. The Aspen Skiing Company established the Aspen Mountain ski resort on Aspen Mountain above the town of Aspen, Colorado. The first chair lift, Lift-1, opened on December 14, 1946, and was the world's longest chairlift at the time. In 1950, the company hosted the FIS World Alpine Championships, the first international skiing competition in the United States. In the following decades, the company open ...
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Philanthropy
Philanthropy is a form of altruism that consists of "private initiatives, for the Public good (economics), public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors, which are public initiatives for public good, notably focusing on provision of public services. A person who practices philanthropy is a List of philanthropists, philanthropist. Etymology The word ''philanthropy'' comes , from ''phil''- "love, fond of" and ''anthrōpos'' "humankind, mankind". In the second century AD, Plutarch used the Greek concept of ''philanthrôpía'' to describe superior human beings. During the Middle Ages, ''philanthrôpía'' was superseded in Europe by the Christian theology, Christian cardinal virtue, virtue of ''charity'' (Latin: ''caritas''); selfless love, valued for salvation and escape from purgatory. Thomas Aquinas held that "the habit of charity ...
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Donor Advised Fund
In the United States, a donor-advised fund (commonly called a DAF) is a charitable giving vehicle administered by a public charity created to manage charitable donations on behalf of organizations, families, or individuals. To participate in a donor-advised fund, a donating individual or organization opens an account in the fund and deposits cash, securities, or other financial instruments. They surrender ownership of anything they put in the fund, but retain advisory privileges over how their account is invested, and how it distributes money to charities. Details A donor-advised fund is an account at a sponsoring organization, generally a public charity, where an individual can make a charitable gift to enjoy an immediate tax benefit and retain advisory privileges to disburse charitable gifts over time. The contribution a donor makes to their donor-advised fund is 100% irrevocable and destined for a final 501(c)(3) organization. Donor-advised funds provide a flexible way for ...
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Scholarship
A scholarship is a form of financial aid awarded to students for further education. Generally, scholarships are awarded based on a set of criteria such as academic merit, diversity and inclusion, athletic skill, and financial need. Scholarship criteria usually reflect the values and goals of the donor of the award, and while scholarship recipients are not required to repay scholarships, the awards may require that the recipient continue to meet certain requirements during their period of support, such maintaining a minimum grade point average or engaging in a certain activity (e.g., playing on a school sports team for athletic scholarship holders). Scholarships also range in generosity; some range from covering partial tuition ranging all the way to a 'full-ride', covering all tuition, accommodation, housing and others. Some prestigious, highly competitive scholarships are well-known even outside the academic community, such as Fulbright Scholarship and the Rhodes Scholar ...
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Grantmaking
A grant is a fund given by an end entity grant – often a public body, charitable foundation, or a specialised grant-making institution – to an individual or another entity (usually, a non-profit organisation, sometimes a business or a local government body) for a specific purpose linked to public benefit. Unlike loans, grants are not to be paid back. European Union European Union grants The European Commission provides financing through numerous specific calls for project proposals. These may be within Framework Programmes. Although there are many 7-year programmes that are renewed that provide money for various purposes. These may be structural funds, Youth programmes and Education programmes. There are also occasional one-off grants to deal with unforeseen aspects or special projects and themes. Most of these are administered through what are called National Agencies, but some are administered directly through the Commission in Brussels. Due to the complexity of the f ...
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Community Foundations Based In The United States
A community is a social unit (a group of living things) with commonality such as place, norms, religion, values, customs, or identity. Communities may share a sense of place situated in a given geographical area (e.g. a country, village, town, or neighbourhood) or in virtual space through communication platforms. Durable good relations that extend beyond immediate genealogical ties also define a sense of community, important to their identity, practice, and roles in social institutions such as family, home, work, government, society, or humanity at large. Although communities are usually small relative to personal social ties, "community" may also refer to large group affiliations such as national communities, international communities, and virtual communities. The English-language word "community" derives from the Old French ''comuneté'' (Modern French: ''communauté''), which comes from the Latin ''communitas'' "community", "public spirit" (from Latin ''communis'', "commo ...
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