Endowment / Foundation

Updated:

Colorado Gives Foundation

Colorado Gives Foundation traces to 1975 as Community First Foundation. Kelly Dunkin leads operations as President and CEO while Russell W. Kemp chairs the...

Colorado Gives Foundation logo

Colorado Gives Foundation

Colorado Gives Foundation traces to 1975 as Community First Foundation. Kelly Dunkin leads operations as President and CEO while Russell W. Kemp chairs the board. The entity functions as a grantmaking vehicle for Colorado nonprofits with no disclosed private wealth origin. The foundation allocates across public markets and direct impact holdings. It maintains a pooled investment portfolio of roughly $500 million managed by Graystone Consulting. Confirmed positions include the Bring it Home Fund for affordable housing and a minority stake in Vance Street Lofts. Geographic focus remains Colorado with additional exposure through the Colorado Housing Accelerator Initiative. Asset classes span fixed income, equities, and real estate. Assets total $486 million. The foundation employs no disclosed investment staff count. It maintains membership in the Denver Metro Chamber of Commerce and the Colorado Nonprofit Association. December 2024: Sponsored Colorado Gives Day, a statewide online giving movement that distributed funds to thousands of local nonprofits. The foundation operates through an outsourced investment mandate with Graystone Consulting rather than an internal CIO structure. This arrangement separates grant decisions from portfolio management and ties capital deployment to community partnerships in Jefferson County.

General information

Firm type

Endowment / Foundation

Year founded

1975

Location

Region

North America

Country

United States

City

Arvada

Corporate office

5855 Wadsworth Bypass Unit A, Arvada, CO 80003, United States

Principals

Kelly Dunkin

President and CEO

Russell W. Kemp

Board Chair

Sector focus

Diversified

Frequently asked questions

Who runs investment decisions at Colorado Gives Foundation?

Kelly Dunkin serves as President and CEO. The foundation outsources portfolio management to Graystone Consulting (Morgan Stanley) under a mandate that began in 2019.

Does Colorado Gives Foundation participate in fund commitments or only direct deals?

It holds both. Positions include the Bring it Home Fund and the Colorado Housing Accelerator Initiative Fund alongside a large outsourced public portfolio.

What is Colorado Gives Foundation's known posture on co-investments alongside external GPs?

The foundation has acted as a limited partner through the Bring it Home Fund and partnered with Weave Social Finance on the CHAI Fund.

Where does the underlying wealth come from?

No private family wealth origin is disclosed. The entity operates as a public community foundation funded by donor contributions and investment returns.

How is Colorado Gives Foundation related to Community First Foundation?

The two names refer to the same 1975-established entity that now operates grant programs under the Colorado Gives Foundation brand.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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