# Grand Foundation

Grand Foundation is an Endowment / Foundation based in Fraser, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Fraser, United States
- **Region:** North America
- **Address:** 551 S. Zerex St, Suite C203, Fraser, CO 80442
- **Founded:** 1996
- **Assets under management:** $4M
- **Website:** grandfoundation.com
- **LinkedIn:** https://www.linkedin.com/company/grand-foundation

## Regulatory record

- **Reports private funds:** No

## About

Grand Foundation was established in 1996 by Jerry Groswold, then CEO of Winter Park Resort, to channel the resort economy's success into local community needs. Its founding partners — Winter Park Resort, Granby Ranch, and the YMCA of the Rockies — anchor a funding model that blends resort revenue with individual donor-advised giving. The foundation operates from a small office on Zerex Street in Fraser and maintains a physical presence in Winter Park and Granby. Grant-making spans five program areas: health and human services, arts and culture, environment, education, and amateur sports. The foundation holds a marketable securities portfolio alongside real assets that include the Grand Foundation Office, a Winter Park Station commercial unit, and the Nuche Village residential property in Granby. Named charitable funds under its umbrella — the Brammer Family Fund, the G.A.P. Fund for Youth, the Grand County Housing Assistance Fund, and the H.O.P.E. Two dedicated environmental vehicles, the Windy Gap Environmental Fund and the WGFP Ecological Enhancement Donor Fund, focus on water and habitat issues specific to the Colorado headwaters region. Total assets are estimated at $11 million (Altss estimate). Executive Director Megan Ledin, who joined from the CFO role at the National Sports Center for the Disabled, oversees operations with support from professional networks including the Council on Foundations and the Boettcher Foundation Rural Leadership Collaborative. The Grand Pass Program, a collaborative fundraising mechanism with Winter Park Resort and Granby Ranch, converts lift-ticket and pass revenue into recurring grant capital. The foundation’s architecture is unusual: it functions as a community foundation for a single rural county, with principal funding sourced from tourism operators rather than a single-family donor base. This creates a governance structure where resort business cycles directly influence grant capacity, making the foundation a de facto economic pass-through between Grand County's dominant industry and its social services.

## Sectors

- Healthcare Services
- Education
- Real Estate

## Offices

- Winter Park, CO
- Granby, CO

## People

- Megan Ledin — Executive Director
- Jerry Groswold — Founder

## Questions

### How does Grand Foundation fund its grant-making?

A significant portion of funding flows through the Grand Pass Program, a partnership with Winter Park Resort and Granby Ranch that directs a share of pass revenue to the foundation. Additional income comes from a marketable securities portfolio, real estate holdings, and donor-advised funds managed under the foundation's umbrella. Corporate founding partners — including Winter Park Resort, Granby Ranch, and the YMCA of the Rockies — provide recurring support.

### What does the $11M AUM figure represent?

The $11 million is an Altss estimate based on the foundation's disclosed real estate holdings, marketable securities portfolio, and observed grant-making scale. Grand Foundation does not publicly disclose a precise AUM number. The estimate includes both liquid and illiquid assets held for charitable purposes.

### Which geographic area does Grand Foundation serve?

All grant-making is confined to Grand County, Colorado. The foundation's headquarters, partners, and programmatic focus are entirely rooted in the county's communities — Fraser, Winter Park, Granby, and surrounding areas — which depend heavily on resort tourism.

### Who runs investment and grant decisions at Grand Foundation?

Executive Director Megan Ledin leads both operations and grant strategy. A formal investment committee structure is not publicly documented, but the foundation's real estate holdings and securities portfolio suggest internal oversight with professional advisory support. Ledin's tenure and prior CFO experience at the National Sports Center for the Disabled indicate hands-on financial management.

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Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/grand-foundation

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