Endowment / FoundationRIA · CRD 149120SEC-RegisteredPrivate Fund Adviser

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The Colorado Trust

The Colorado Trust was established in 1985. Don Mares leads the organization after prior service as a trustee. No specific family wealth origin is disclosed in...

The Colorado Trust logo

The Colorado Trust

The Colorado Trust was established in 1985. Don Mares leads the organization after prior service as a trustee. No specific family wealth origin is disclosed in available records. The foundation allocates across public equity funds and private vehicles. Confirmed positions include holdings in GQG Partners Global Equity Fund and Silchester International Investors International Value Equity Trust as of 2023 Form 990-PF filings. It also maintains a program-related investment portfolio valued at $32 million focused on health clinics and affordable housing in Colorado. Geographic activity remains concentrated in Colorado with limited exposure outside the state. The foundation employs 67 professionals. It leases headquarters space at The Hub North in Denver beginning Q1 2025. No adjacent philanthropic vehicles or club memberships appear in records. No operational events from the last 24 months are documented. The foundation integrates program-related investments directly into its grantmaking mandate, allowing low-interest loans and guarantees to support health equity projects without separate operating subsidiaries.

General information

Firm type

Endowment / Foundation

Year founded

1985

Location

Region

North America

Country

United States

City

Denver

Corporate office

1600 Sherman Street, Denver, CO, United States

Principals

Don Mares

President and CEO

Monalisa Olarte

Chief Financial Officer

Sector focus

Healthcare

Frequently asked questions

Who runs investment decisions at The Colorado Trust?

Don Mares serves as President and CEO. Monalisa Olarte holds the Chief Financial Officer role. Investment advisor Innovest Portfolio Solutions has supported the foundation since 2016.

Does The Colorado Trust participate in fund commitments or only direct deals?

The foundation holds positions in multiple global equity funds. It also executes direct program-related investments such as loans to La Clinica Tepeyac and Pueblo Community Health Center.

What investment stages does The Colorado Trust typically target?

Activity centers on established public equity funds and mission-aligned private instruments. No early-stage venture commitments are recorded.

Where does the underlying wealth come from?

No specific wealth origin is disclosed. The foundation operates as an independent grantmaking entity established in 1985.

How is The Colorado Trust related to Gary Community Ventures?

The two organizations have co-invested in Colorado impact initiatives including the Dearfield Fund for Black Wealth.

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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