Increasing Generosity and Powering Community for Positive Change.
Community First Foundation logo. Powering Community Together.

Welcome to our 2019 Benefit Report. This letter is a strange one to write. The events of 2020 could easily eclipse our 2019 efforts, but I am a firm believer that we must appreciate our past journeys and celebrate our successes as we step into the future.

I’ve been reflecting lately on community and what it means. I love that it can be people or a place, as in the communities we serve, and a state of being, as in being in community with one another. Maya Angelou recognized that we needed both when she said

“We need joy as we need air. We need love as we need water.
We need each other as we need the earth we share.”

It is with this sentiment of community that I invite you to join me in this retrospective look at 2019.

In 2019, we continued to strengthen nonprofits, promote mental wellness, and invest in Jefferson County. We invested more than $8.3 million into the nonprofit community through grant funding, and on Colorado Gives Day, donors came together and raised nearly $40 million dollars for Colorado-based nonprofits. This is more than a financial investment into our communities and the nonprofits that serve them. This is people and organizations coming together in community with one another.

We renewed our commitment to nurturing an inclusive learning culture in 2019. One of the core tenets of this effort is listening, and today we open our hearts so that we may genuinely hear what our Black friends, family members, coworkers and neighbors are saying. It is this tenor of listening that allows us to work toward equity for everyone. We need each other, with diverse voices and everything that makes us unique. Together, let’s build a community table where everyone has a seat and is welcome.

We also embarked on a strategic planning journey in 2019. We spent a lot of time in the community, meeting with people and organizations to listen and learn. We held numerous workshops and working sessions, explored data points and mapped out existing resources and gaps. We want to emerge from this process focused, nimble and well-positioned to make an impact where it is needed most. We are excited to share more about this soon.

As of July 2020, Community First Foundation has distributed more than $14.3 to Colorado nonprofits, and we can’t wait to see the generosity Colorado Gives Day will bring in December. Achieving this level of community support does not happen overnight. It takes years to build a network of dedicated donors, board members, staff and organizations who are committed to achieving this with us. I am so grateful for the work we have done, in community with you and to serve our communities. Thank you.

Warmly,

Kelly Dunkin, President & CEO, Community First Foundation

 

As a community foundation, we engage people to be a positive force for change in their communities. We know it can be daunting to choose where and how to give. That’s why we offer a variety of giving options, from simple online donations to planned gifts.

 

GIVING CLOSE TO HOME AND HEART

Turning passion into action is easy to do with Community First Foundation. We offer several convenient and safe ways for people of any age to give. Donor-Advised Funds, giving days like Colorado Gives Day, and giving cards and fundraising pages on ColoradoGives.org are great ways to support community nonprofits. With so many ways for families and individuals to give, we are able to customize plans to help them maximize their charitable giving goals.

One of the more unique tools for giving involves Individual Retirement Accounts (IRA). Through this program, adults can use their required minimum distribution (RMD) to support their favorite nonprofits. What makes our program so unique is that donors can support several nonprofits with one simple transaction.  In 2019, Community First Foundation helped 77 donors distribute $487,463 from their IRAs to 496 nonprofits through giving card contributions on ColoradoGives.org.

 

Ways to Give

 

 

 

 

Passion-Inspired Giving

Donor-Advised Funds are the perfect tools for individuals, families and businesses looking for greater engagement in their charitable giving process without undue administrative burdens. By creating a charitable fund at Community First Foundation, they can recommend grants and receive expert fund management as well as an immediate tax benefit. The minimum to establish a fund at the Foundation is $5,000.

Learn More about Donor-Advised Funds

“This is a great new system for making charitable gifts from an IRA. I can support multiple local charities with just one contribution to Community First Foundation.”
Martha Swanson, retired CPA and Treasurer, Empowerment Center of East County

Individuals, families and businesses give where it matters with grants made through their Donor-Advised Funds (DAF) and the safe and trusted online platform, ColoradoGives.org. They receive expert fund management and for those who want it, assistance developing their giving strategy and helping identify nonprofits that align with their passions. In 2019, 389 grants totaling $1,130,739 supported nonprofits through this method of giving. The local impact from these 79 donor-advised funds is significant.

2019 DAF-SUPPORTED GRANTS


48
Jeffco Nonprofits


279
Colorado Nonprofits (excluding Jeffco)


62
Out-of-State

Focus Area

# of Grants

% # of Grants

$ Totals

% $ of Grants

Health care 40 10% $385,905.00 34%
Human services 94 24% $195,595.78 17%
Education 52 13% $156,898.55 14%
Community Improvement 38 10% $130,287.74 12%
Religion 48 12% $67,000.00 6%
Arts 38 10% $48,889.49 4%
Medical 20 5% $46,755.09 4%
Food and nutrition 12 3% $45,086.73 4%
Environment 22 6% $31,775.50 3%
Housing 8 2% $10,005.10 <1%
Mental Wellness 12 3% $9,790.80 <1%
International 5 1% $2,750.00 <1%
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ANY TIME, ANY OCCASION

In 2019, $51.2 million was donated to local nonprofits through ColoradoGives.org. As a year-round giving platform, donors are connected with nonprofits through an easy-to-use online tool. Nonprofits can create fundraising pages to raise money any time and for any occasion. From running a marathon to encouraging giving in lieu of wedding or birthday gifts, it’s easy to make an impact.

Fun facts about the 2,057 fundraising pages created in 2019:

  • 407 nonprofits received donations
  • 15,156 donors donated through fundraising pages
  • $2,747,251 donated through 19,471 donations
Set up a fundraising page

 

From Piggy Banks to KidsforColoradoGives.org

Like most values, generosity takes hold best when modeled at home, early in life. That’s why we crafted age-appropriate activities to help families introduce the topic of generosity and community service to little ones. A clever online quiz helps children identify what matters to them the most. A Kindness Bingo game creates a giving mindset. Using activities and giving cards, KidsforColoradoGives.org is a safe place to learn about and support local nonprofits.

Give Today at KidsforColoradoGives

 

RECURRING DONATIONS: GIFTS THAT KEEP GIVING

ColoradoGives.org offers donors the option to schedule gifts to recur. Donors can select what is best for them: weekly, monthly or annually are just a few of the many options. Giving over time like this eases the impact on a donor’s pocketbook while providing a reliable stream of funding to a nonprofit.

Spark the joy of giving:
Check out our Kids Giving Kit

GIVING AS A STATE

The generosity of Coloradans exploded on Colorado Gives Day as Community First Foundation and ColoradoGives.org celebrated ten years of shared giving. Since 2010, donors have been coming together in December for 24 hours of giving, raising more than $257 million for local nonprofits.

In 2019, 2,610 nonprofits participated in the day of giving, raising $40 million in donations in just 24 hours. Community First Foundation, FirstBank and community partners contributed to a $1.5 Million Incentive Fund to increase impact.

COLORADO GIVES DAY 2019

$40M

Total Donated

$102

Most Common Donation

$15.3K

Avg Raised Per Nonprofit

2,610

Participating Nonprofits

60K

Donors

Strengthening Nonprofits

We believe a strong nonprofit sector is fundamental to a community’s strength. That’s why we’re dedicated to helping local nonprofits succeed and thrive. We provide a variety of programs and services, such as expert endowment management, workforce development, free meeting space, fundraising consultation and complimentary trainings led by industry experts.

BUILDING A DIVERSE AND INCLUSIVE NONPROFIT WORKFORCE

The Nonprofit Pathway certificate program was created by Community First Foundation and Red Rocks Community College to supply the nonprofit sector with a skilled, inclusive workforce. In just a few years of the program, enrollment in this higher education program has doubled. Community First Foundation funded nearly $30,000 in staff scholarships for nonprofits with endowment funds at the Foundation.

Learn More about the Nonprofit Pathway Curriculum

The Nonprofit Pathway is fueling an inclusive and diverse nonprofit workforce. 27% identify as nonwhite.

Nonprofit Pathway Student Makeup for 2017-2019. 62% identify as low-income or first generation.

"I feel more secure in my knowledge of program evaluation, nonprofit management and development, and empowered to use my new skills.”
Christina Hoffman, student

EMPOWERING NONPROFITS

  • Endowment-building grants and support
  • Expert endowment management
  • Planned giving resources
  • Fundraising consultation
  • Complimentary training
  • Free state-of-the-art meeting space
  • Workforce development and scholarshops
  • Online giving tools

SUSTAINING FUTURES

For more than a decade, we have been offering endowment-building programs to help nonprofits prepare for their future needs. Although an endowment is a long-term investment, interest earnings can provide a steady revenue source and help organizations weather the ups and downs of other funding sources. Savvy donors recognize that an endowment reflects an organization’s stability, prudence and fiscal responsibility.

 

AMPLIFYING ENDOWMENTS

Community First Foundation is pleased to empower nonprofits that open an endowment with us by amplifying their efforts. Incentive grants for new and current nonprofit partners encourage them to establish and build endowments to secure their futures. In 2019, $155,000 in incentive funding helped three nonprofits build their endowments.

Is Your Nonprofit Endowment-Ready? Learn about our Incentive Grant Program (PDF)

Westminster Rotary Foundation:

Service Before Self Extends to Endowment

Since 1920, the Rotary International motto has been Service Above Self. The motto is exemplified by the Westminster Rotary Foundation's (District 5450) desire to preserve and protect its future impact for generations to come by creating an endowment with Community First Foundation.

For more than 55 years, the Rotary Club of Westminster worked tirelessly to raise funds supporting programs and services that touched and enriched the lives of residents in the north metro community. In 1999, the club created the Rotary Community Scholarship through its Westminster Rotary Foundation and in partnership with local businesses and individuals. Each spring, active Westminster Rotarians interview and select students who are awarded grants ranging from $1,000 to $4,000 to give students a head start with education after high school. Since its inception, more than $1,000,000 in scholarships have been distributed to more than 500 successful applicants.

To protect scholarship funds and ensure funding for future generations, the Westminster Rotary Foundation created an $800,000 endowment. “The endowment protects and honors the legacy of past fundraising efforts while providing financial stability for new members,” says Ron Schaefer, a Westminster Rotarian who helped establish the endowment. Using a five percent annual distribution from the endowment to support programs and services, plus any special project fundraising, the club has found the freedom to continue changing lives and the comfort of financial security.

Community First Foundation manages funds ranging in size from $25,000 to millions of dollars for more than 120 nonprofits. We also offer Incentive Grants to newly established and existing endowments to help them secure their futures. Because of the newly established large endowment, Community First was pleased to award a $100,000 incentive grant to amplify their efforts.

“As a community foundation, we have the resources and expertise to steward endowment funds in perpetuity for nonprofits. This frees them up to focus on carrying out their mission and serving their constituents,” says Rebecca Olchawa Barker, Director of Philanthropic Services. “They can rest easy knowing their endowment fund is in good hands.”

More About Endowment Management & Support

 

Endowment Partner Education:

Building a Culture of Philanthropy in the Workplace

In 2019, Community First Foundation offered four educational sessions to nonprofit endowment partners (NEP), along with $36,000 in scholarship dollars for people who are employed at any one of the Nonprofit Endowment Partner organizations working toward a Nonprofit Pathway Certificate at Red Rocks Community College.

Asking for money can feel overwhelming and uncomfortable for many people. But when you embrace that discomfort, magic unfolds. Matt Wasserman and John Pepperdine of MPW Strategies: Make Philanthropy Work, a fundraising consulting firm, co-presented a workshop on How to Create a Culture of Philanthropy and shared this message with nonprofit endowment partners in June 2019 at one of the four workshops hosted by Community First Foundation.

Specializing in services that transform, impact, and advance missions, MPW partnered with Community First Foundation to share fresh strategies for developing innovative fundraising solutions for organizations that can power positive change in our communities.

You don’t have to be a millionaire to be a philanthropist. Giving is less about being wealthy and more about the impacts realized through generous giving. More than 55% of American households contribute to nonprofits each year, with eight out of every 10 dollars given in the United States contributed by individuals.*

Why, then, do organizations find it challenging to create cultures of philanthropy? MPW suggests it begins by removing the mystery and demonstrating with employees the impact and wonder of philanthropy. Communicating with colleagues regularly about the power of giving and how it benefits organizations, how it connects to mission, vision and values, and the joy donors feel when they give are great places to start.

Inspiring employees to give can boost morale and motivate employees to discover the power philanthropy can have in their communities. Creating a culture of philanthropy takes time, work, and a donor-centric approach, but the results are worth it as organizations move to transform workplaces and communities through giving.

 

 

 

 

 

Promoting
Mental
Wellness

Community First Foundation has been on a community journey to understand and facilitate mental wellness.

We understand that investing early to support the mental health of infants and young children produces benefits later. We’ve learned that social connections help people overcome the barriers to improving health. We value the collective action it takes to transform the systems supporting mental health. And, we invest in promising approaches to reduce the stigma of mental health. We are proud of the work our partners are doing to create systematic improvements to community mental wellness. In 2019, we invested $1,789,091 to support innovations in this space.

Supporting the social and emotional development of infants and young children

Facilitating coordinated, systematic efforts to improve community mental wellness

Investing in promising approaches to reduce mental health stigma

Learn More about How We Support Mental Wellness

Grantee Highlight:

Teens Create Tools to Reduce Stigma


When a small group of soft-spoken Adams City High School students took the stage at the Adams County School District 14 Board of Education meeting to share information about how they were addressing mental wellness in their community, silence permeated the room and people listened intently.

The students presented their bilingual Teen Mental Health Awareness Guidebook, created by their school’s Rotary Interact Club and funded by Community First Foundation. The goal? Help their peers overcome the silent stigma surrounding mental illness and shorten the gap between the first signs of mental health problems and getting help.

 

The guidebook shows students how to create a self-care plan, discusses resiliency, and how to find and access resources. It also features compelling statements by Colorado teens about easy ways to help other teens who are experiencing difficulties. Coupled with personal statements by Lady Gaga and Prince William about the Born This Way Foundation and the importance of teen mental health awareness worldwide, the guidebook provides valuable resources on how and where to find professional help.

After completing the Guidebook, the students hit the road, delivering presentations at more than a dozen area high schools. School outreach continues with ongoing efforts to promote inclusion and equity while reducing stigma. The Guidebook was translated and printed in Spanish.

 

View the Teen Mental Health Awareness Guidebook

In English En Español

 

Honoring
Jefferson County

Community First Foundation has a special relationship with Jefferson County, stemming from our history as the fundraising arm for Lutheran Medical Center and our location in Arvada. We leverage our leadership and connections here to work collectively towards a grand vision that all people who live, work and play in Jefferson County are healthy and thriving.

2019 Financial Overview

 

STATEMENT OF FINANCIAL POSITION — As of December 31, 2019
ASSETS

Cash and Investments

$ 449,588,561

Other Assets

5,015,898

Total  Assets

454,604,459

LIABILITIES

Accounts Payable and Accrued Expenses

426,055

Grants Payable

4,402,453

Other Liabilities

62,503

Agency Funds

35,550,664

Total Liabilities

40,441,675

Net Assets

414,162,784

Total Liabilities and Net Assets

$ 454,604,459

STATEMENT OF ACTIVITIES — For the Year Ended December 31, 2019
REVENUE

Contributions

$       15,991,128

Other Income

1,739,481

Total Revenue

17,730,609

GRANTS AND EXPENSES

Grants

8,314,550

Other Program Expenses

3,123,932

Supporting Services

2,029,181

Total Grants and Expenses

13,467,663

CHANGE IN NET ASSETS FROM OPERATIONS

4,262,946

Net Return on Investments

57,590,772

CHANGE IN NET ASSETS

61,853,718

Net Assets, Beginning of Year

352,309,066

Net Assets, End of Year

$ 414,162,784

 

2019 Detailed Financials (PDF)

 

 

Board and Staff

2019 Board of Directors

Aaron Azari
Executive Vice President
BOK Financial

David L. Bomberger
Chief Investment Officer
Pinnacol Assurance

Elycia Cook
President & CEO
FRIENDS FIRST

Kelly Dunkin
President & CEO
Community First Foundation

Janet Heck Doyle, Esq.
Retired CEO & President
Kramer Junction Company

Joy S. Johnson
Community Advocate

Russell W. Kemp, Esq.
Attorney
Ireland Stapleton

Brian Larson
Regional President
FirstBank

Shelley Marquez
Senior Vice President, Community Relations Senior Manager
Wells Fargo

Ronald C. Meyer, M.D.
Retired Community Pediatrician

Donovan J. (Jerry) Paul, CFA
Senior Vice President
Fixed Income & Portfolio Manager

ICON Advisers

Hereford Percy
Retired President
FirstBank North

Stacey Pool
Chief Marketing Officer
Noodles & Company

Lydia Prado
Executive Director
Lifespan Local Change Partnerships

Emily S. Robinson
Chief Operating Officer
FirstBank

Cynthia Stevenson
Instructor, School of Education and Human Development
University of Colorado—Denver

Penfield W. Tate III
Attorney, Managing Shareholder
Tate Law, P.C.

Robert Urwiler
Retired Chief Information Officer
Vail Resorts, Inc.

Lynne D. Valencia
Director of Strategic Partnerships
Denver7/KMGH

Gaye Woods
System Director
Community Benefit

SCL Health

Marla Williams
Former President & CEO (thru Feb. 2019)
Community First Foundation

 

2019 Community Committee Members

Felix Cook
William Ernstom
Peggy Jennings
Richard Klau
John Lischer
Dale Martin
Emily Oliver
Malcolm Tarkanian
John Trefny

Michael Corbett
Senior Vice President and Wealth Advisor
Innovest Portfolio Solutions

Vera Divenyi
Vice President
Wealth Director, BNY Mellon Wealth Management

Kim Eilber, JD, LL.M, CFP®
Senior Vice President & Senior Trust Officer
U.S. Trust

Heidi Gassman
Attorney
Moye White

Erin Hadary
Partner & Senior Wealth Planner
Dunston Financial Group

Jason Lewis, CFP®
Financial Advisor
Raymond James & Associates, Inc.

John Lischer
Shareholder
Ryley Carlock & Applewhite

Julia McVey
Attorney
Balso Faix & McVey, LLP

Dan Morris
Investment Advisor Representative
High Point Financial Group, LLC

Andy Pahl
Assistant Vice President |
Senior Portfolio Advisor | Financial Advisor
Merrill Lynch Global Wealth and Investment Management

Nicole Royer
Partner
Mallgren & Royer, P.C.

Leslie Schaus, CPA, MT
Director
Stratagem CPA

 

Community First Foundation Staff

Kelly Dunkin
President and CEO

Jaime Aguilar
Digital Communications Specialist

Noah Atencio
Vice President of Community Impact

Inzinga Barge
Receptionist/Office Assistant

Raymael Blackwell
Program Associate

Valerie Brown
Meeting Space Administrator

Neelamai Chunlapak
Senior Accountant

Kelly Degering
Community Impact and Online Giving Administrative Assistant

Veronica Farrell
Philanthropic Services Specialist

Jenni Foxworth
Receptionist/Office Assistant

Cheryl Haggstrom
Executive Vice President

Lynn Homenick
Executive Assistant

Kenneth R. Kirwin
Chief Financial Officer

Cindy Matthews
Marketing & Communication Manager

Beth McConkey
Director of Communications

Christine Moreland
Controller

Paul Mulligan
Director of Donor and Grants Administration

Karen Newcomb
Finance Administrative Assistant and Accounting Clerk

Rebecca Olchawa Barker
Director of Philanthropic Services

Dana Rinderknecht
Director of Online Giving

Tina Trela
Accountant

Bryce Wilkinson
Senior Online Giving Specialist