Colorado Mountain College Foundation Inc
GLENWOOD SPGS, CO
Total revenue
$7.1M
Total expenses
$6.2M
Net assets
$29.9M
Grants received
$7.6M
144 grants
EIN
742393418
Tax year
2024
Mission
To provide educational enrichment and financial aid for colorado mountain college students.
Programs
2 programs
Colorado mountain college, a dual mission college, offering certificates, associate, and bachelor's degrees, seeks to be the most inclusive, innovative, and student-centered college in the nation. Fiscal year '25 was the first time since 2017 that a new capital campaign was not introduced by the college, thus capital donations were down year over year. Pledge payments for the highly successful 7.2 million "rural nursing success fund," that had run the previous five fiscal years, supporting the completion of three high-fidelity nursing simulation labs, acquisition of new simulation technology, and increased nursing scholarships, were finalized. Pledges from the successful "the promise of spring valley" 5m capital campaign, completed in fy22, also tapered off, with successful fulfillment. The cmc foundation continued to additionally collect on the 1.5m raised in support of a new oral health clinic, in fiscal year '24, in support of our dental hygiene students, who will offer preventative care at the cmc vail valley at edwards campus as part of their curriculum. Donations to cmc's rural teacher fellowship program continue to be of interest to donors as well. This program is designed to provide every teacher candidate who agrees to student teach in one of our local schools with a 10,000 housing stipend and a guarantee of a job in the district. This 10,000 stipend is funded half by the state of colorado through recently passed legislation and requires a 50% (5,000) private match per fellow.
Colorado mountain college offers 7 academic pathways with more than 130 programs. Dynamic combinations of degrees (including 8 bachelor's degrees), certificates, minors, and specialties empower students to explore opportunities and choose their own adventure. Cmc's recent prominent designations: hispanic serving institution (hsi), hunger-free campus, and healthy minds, continue to drive important strategic decisions and prioritization. Donations to cmc via the cmc foundation help to make these transformational outcomes possible. The federal government designated colorado mountain college as an hsi in 2021 after years of deliberate efforts to grow cmc's student body to be 25% or more latino (now at 41%), reflecting the demographics of our mountain communities. Cmc is the first hsi located in colorado's rural, high-cost mountain resort region. Cmc foundation scholarships for underserved students continue to grow as well in support of all students and is reflected in the 41% growth of our scholarship support. The hunger-free campus designation came in large part thanks to the food pantries piloted by the cmc foundation at the vail valley at edwards campus, which was then replicated at each of our campuses with support from the foundation. Hunger for college students remains a national issue and the foundation is committed to helping students at cmc be hunger-free. Finally, the colorado department of higher education recently awarded colorado mountain college a healthy minds designation, recognizing cmc's ongoing work in addressing the mental health needs of its students. Many of the programs in support of this important initiative receive funding from individuals, businesses, or foundations through the cmc foundation. To learn more: https://coloradomtn.edu/cmc-news/colorado- mountain-college-earns-healthy-minds-designation/.
Financials
FY 2024
Revenue
Expenses
People
21 listed
KRISTIN HEATH COLON
CEO VP ADVAN
$208K
50 hrs/wk
ROB LEVINE
BOARD CHAIR
—
2 hrs/wk
DOUG YEAKEL
VICE CHAIR
—
2 hrs/wk
CRAIG GOOCH
TREASURER
—
2 hrs/wk
COLLEEN DELIA
SECRETARY
—
2 hrs/wk
ESGAR ACOSTA
DIRECTOR
—
1 hrs/wk
NORM BACHELDOR
DIRECTOR
—
1 hrs/wk
KATHY BARGER
DIRECTOR
—
1 hrs/wk
SALLY BRANDS
DIRECTOR
—
1 hrs/wk
JEFF HOSTETLER
DIRECTOR
—
1 hrs/wk
JOAV KOHN
DIRECTOR
—
1 hrs/wk
RACHEL LONG
DIRECTOR
—
1 hrs/wk
KATIE MACKLEY
DIRECTOR
—
1 hrs/wk
ANNE MCCARTHY
DIRECTOR
—
1 hrs/wk
NICOLE MCDERMOTT
DIRECTOR
—
1 hrs/wk
MIKE NAKAGAWA
DIRECTOR
—
1 hrs/wk
MIKE RUSHMORE
DIRECTOR
—
1 hrs/wk
TRISH SHAPIRO
DIRECTOR
—
1 hrs/wk
LUELLA CHAVEZ D'ANGELO
DIRECTOR
—
1 hrs/wk
ELAINE KELTON
DIRECTOR
—
1 hrs/wk
DIANA SCHERR
DIR OF DEVEL
$134K
40 hrs/wk
Grants received
Showing 144 of 144
Funded by
$7.6M from 58 funders · 144 grants · 2017–2024
$1.2M · 5 grants · 2017–2022
$1.2M · 5 grants · 2022–2024
$855K · 5 grants · 2020–2024
$500K · 3 grants · 2022–2023
$400K · 1 grant · 2023
$350K · 1 grant · 2023
$250K · 5 grants · 2018–2023
$247K · 3 grants · 2022–2024