Giving, assets way up for Colorado foundations, report says

DENVER BUSINESS JOURNAL - Colorado foundations are giving big to charitable causes.

They contributed $816.4 million in 2014, an 11.2 percent increase from 2011, according to a new study released Thursday by Philanthropy Southwest at its annual conference in Colorado Springs.

Most of those contributions were made to organizations within the state — 74.1 percent — while the other 24.8 percent were made in other states.

The report said that Colorado foundations have assets totaling $14.8 billion, an increase of 24.3 percent since 2011.

Read more at the Denver Business Journal: http://bit.ly/2eKKCUQ

(© 2016 American City Business Journals. All rights reserved.)


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