# The Colorado Trust

The Colorado Trust is an Endowment / Foundation based in Denver, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Denver, United States
- **Region:** North America
- **Address:** 1600 Sherman Street, Denver, CO, United States
- **Founded:** 1985
- **Assets under management:** 488 (Altss estimate)
- **Website:** coloradotrust.org
- **LinkedIn:** https://www.linkedin.com/company/the-colorado-trust

## Regulatory record

- **CRD number:** 149120
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-31T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/149120

## About

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.

## Sectors

- Healthcare

## People

- Don Mares — President and CEO
- Monalisa Olarte — Chief Financial Officer

## 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.

### 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.

## Related profiles

- [Telia Pension Fund](https://altss.com/profile/telia-pension-fund)
- [32BJ North Pension Fund](https://altss.com/profile/32bj-north-pension-fund)

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

Canonical page: https://altss.com/profile/the-colorado-trust

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology