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The Western Colorado Community Foundation works closely with individuals, families and organizations to create charitable legacies to benefit our residents and improve the quality of life here in western Colorado. Our organization primarily serves Mesa, Garfield, Eagle, Rio Blanco, Delta, Montrose and Ouray counties.
Donor Funds We manage millions of dollars and more than 180 donor funds. Our donors come from many backgrounds and have their own charitable interests but share a common commitment to the community they call home. Each fund is separately accounted for, and has its own name and purposes as determined by the donor who established the fund. All legal, tax and administrative requirements are handled by our Community Foundation and comply with IRS regulations and national standards for our field. Make a Difference Establishing a legacy fund is quick and easy. Make a difference and help your community! Please call for more information about tax benefits and how to establish a charitable fund. For more information or, to contact the Western Colorado Community Foundation, (970) 243-3767. » You may also email us for any questions and or comments.  Our Community Foundation is pleased to announce a large and unusual donation. In January 2010, Ellen Jo Waldeck, a longtime resident of Western Colorado, gifted a company holding a mineral royalty interest to our Community Foundation. Bill Frey, attorney for the Waldeck family, reports the value of the gift to range between $8.5 and $13 million as reported by an independent appraiser. The actual cash payout from the royalty interest will vary from month to month and year to year. The newly established Waldeck Endowment Fund will support nursing scholarships at Mesa State College and provide financial support to eight other charitable organizations in Mesa County: Grand Valley Catholic Outreach, Homeward Bound, Partners, Habitat for Humanity, Marillac Clinic, Latimer House, Hospice and Palliative Care of Western Colorado, and Roice-Hurst Humane Society. Says Jo Waldeck, “I’m so pleased to be able to make this gift to the community I’ve called home. I’ve been thinking for awhile, what do I need all of this money for? Nobody needs this much money. I’ve had a good life and there are so many people out there with lots of needs, especially nowadays.” Jo was herself a nurse and first worked as a nurse at St. Mary’s during World War II. She has always seen nursing as an excellent career for women. Jo’s daughter, Susan Diaz, commented: “Mom has always had a very large heart for those who don’t have very much. We wanted to help some of the organizations in town providing basic needs to people who need help the most. My mom is leaving the world a better place – helping people she doesn’t even know – now and 50 and 100 years from now. This is what she wants her gift to do.” For more information or to learn about charitable legacy gifts, contact the Western Colorado Community Foundation, (970) 243-3767 Date of Article: February 2010 Past Bulletins: » Our Community Foundation Celebrates 15th Anniversary more » Downtown Rotary Club Establishes New Endowment more » Two Foundations Join Forces more » Winner Gives $10,000 to Promote Kids’ Philanthropy more |
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