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El Pomar Foundation
El Pomar Foundation was created in 1937 by Spencer and Julie Penrose. The founders directed mining-derived capital into a private grantmaking vehicle focused...
El Pomar Foundation
El Pomar Foundation was created in 1937 by Spencer and Julie Penrose. The founders directed mining-derived capital into a private grantmaking vehicle focused on Colorado. Kyle H. Hybl, son of long-time leader William J. Hybl, holds the role of President and CEO. R. Thayer Tutt, Jr., a descendant of Penrose business associate Charles Tutt, serves as Vice Chair and Chief Investment Officer. The foundation allocates across private equity, real estate, and public equities. Confirmed holdings include commitments to Adams Street Partnerships, Mesirow Financial Private Equity, Siguler Guff Buyout Opportunities Fund, and Whitehall Street International Real Estate. Direct real-asset positions encompass Garden City Company in agriculture and real estate. Geographic exposure centers on the United States with additional fund commitments that reach global markets. The entity also holds operating assets such as Penrose House, the Will Rogers Shrine of the Sun, and the Penrose Heritage Museum. Staff totals 86. The foundation lists no additional offices beyond its Colorado Springs headquarters. It maintains membership in the Council on Foundations. In January 2024 the foundation sponsored the Rocky Mountain Tax Seminar for Private Foundations and the El Pomar Night of Excellence, both held in Colorado Springs. Service providers include Northern Trust as custodian and Watershed Investment Consultants as investment advisor. Governance ties the investment function to family descendants of the founders and their original business partners. The structure keeps philanthropic grantmaking and investment management under one board while separating the two functions through dedicated roles for the CIO and grant staff.
General information
Firm type
Endowment / Foundation
Year founded
1937
Location
Region
North America
Country
United States
City
Colorado Springs
Corporate office
10 Lake Circle, Colorado Springs, CO, United States
Principals
Kyle H. Hybl
President and CEO
R. Thayer Tutt, Jr.
Vice Chair and Chief Investment Officer
William J. Hybl
Chair Emeritus
Sector focus
Frequently asked questions
Who runs investment decisions at El Pomar Foundation?
R. Thayer Tutt, Jr. serves as Vice Chair and Chief Investment Officer. Kyle H. Hybl holds the President and CEO title and oversees overall operations.
Where does the underlying wealth come from?
Spencer and Julie Penrose established the foundation in 1937 with proceeds from mining interests.
Does El Pomar Foundation participate in fund commitments or only direct deals?
The foundation holds limited partner positions in multiple private equity funds including Adams Street Partnerships and Siguler Guff Buyout Opportunities Fund.
What real assets does the foundation own directly?
Direct holdings include Penrose House, the Will Rogers Shrine of the Sun, the Penrose Heritage Museum, and Garden City Company.
How is El Pomar Foundation related to The Broadmoor Hotel?
The foundation maintains a historical ownership link and ongoing partnership; the Penrose Heritage Museum sits on Broadmoor grounds.
Profile maintained by Altss 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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