# El Pomar Foundation

El Pomar Foundation is an Endowment / Foundation based in Colorado Springs, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Colorado Springs, United States
- **Region:** North America
- **Address:** 10 Lake Circle, Colorado Springs, CO, United States
- **Founded:** 1937
- **Assets under management:** Undisclosed
- **Website:** elpomar.org
- **LinkedIn:** https://www.linkedin.com/company/el-pomar-foundation

## Regulatory record

- **Reports private funds:** No

## About

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 Mesirow Financial Private Equity 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.

## Sectors

- Private Equity
- Real Estate

## People

- Kyle H. Hybl — President and CEO
- R. Thayer Tutt, Jr. — Vice Chair and Chief Investment Officer
- William J. Hybl — Chair Emeritus

## 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.

### Does El Pomar Foundation participate in fund commitments or only direct deals?

### 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.

## Related profiles

- [Council on Foreign Relations (CFR)](https://altss.com/profile/council-on-foreign-relations-cfr)
- [Solcon Capital](https://altss.com/profile/solcon-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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