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2003 Annual Report |
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| 2003 Annual Report
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Our 2003 Annual Report includes information on:
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Annual Report Grantees |
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The Children's Museum
General Support — for programming to promote education
and nurturing of children, newborn through age eight, and
the adults who care for them
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$2,500 |
Colorado Children's Campaign
Endowment Fund — for a challenge grant to increase funding
of the organization’s endowment established by Chambers
Family Fund in 2001
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$50,000
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The Clayton Foundation
General Support — for general operations of the Clayton
Institute that provides professional development for early
care and education providers to help build capacity for quality
child care in Colorado
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$5,000 |
Educare Colorado
Public Education and Policy Research — for Educare Colorado's
goal to ensure that all children, birth to five years, have
access to high quality early childhood care and education
in safe and nurturing environments
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$100,000 |
Colorado Center on Law and Policy
Colorado Fiscal Policy Institute — to update the Self-Sufficiency
Standard to reflect changes in the cost of living and working
in Colorado since the report was released in 2001
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$10,000 |
The Global Fund for Women
General Support — for women's organizations around the
world working to address critical issues such as gaining economic
independence, increasing girls' access to education and preventing
violence against women
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$10,000
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Institute for Mestiza Leadership
Circle of Latina Leadership — for mentoring Latinas
to better understand and provide leadership for the critical
issues affecting the Latino community in Denver and implement
strategies to address these issues
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$10,000
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Secure Source
General Support — for start-up funding to create this
national organization to address the need for a reliable,
affordable and long term source of contraceptive supplies
for family planning organizations
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$25,000
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The Women's Foundation of Colorado
Merle Catherine Chambers Center for the Advancement of Women
— for the capital campaign to build a new home for the
Women’s Foundation of Colorado and the Women’s
College
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$330,000
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Strategic Re-Positioning Project - for a strategic planning
process for The Women's Foundation of Colorado
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$25,000
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Women's Funding Network
Quantum Leap Donor Circle — to assist the Women’s
Funding Network leverage its resources to increase funding
for the creation and support of women’s funds
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$10,000 |
Work Options for Women
General Support — to support culinary job training,
life skills training, job placement, case management and follow-up
services to low income women
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$5,000 |
Girls Incorporated
Comprehensive Sex Education Project — for development
of a national curriculum to ensure that every girl has the
education and resources needed to make informed choices about
contraception and disease prevention
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$10,000
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Mi Casa Resource Center For Women
Mi Carrera Program — for the OWL Managed Technology
Lab to develop computer and core technology skills of middle
school girls
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$10,000
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Society of Women Engineers
2003 Exploring Engineering and Technology Event — to
encourage 7th and 8th grade girls to participate in science,
math, and technology and to provide information on careers
in these fields
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$2,000 |
Communities Foundation of Oklahoma
Women's Foundation of Oklahoma — to establish the women’s
fund endowment and for staff participation at the Women’s
Funding Network conference
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$11,000
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Montana Community Foundation
Women's Foundation of Montana — for matching endowment
funds, re-granting dollars, research and operations, and for
staff and board member participation at the Women’s
Funding Network conference
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$120,506
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Wyoming Community Foundation
Wyoming Women's Foundation — for matching endowment
funds,
re-granting dollars, research and operations, and for staff
and board member participation at the Women’s Funding
Network conference |
$181,000 |
The Bell Policy Center
General Support — for this research and advocacy organization
committed to making Colorado a state of opportunity for all
by reinvigorating the debate on policy issues affecting the
well-being of families and working adults
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$175,000 |
Changemakers
Family Foundation Initiative — to increase resources
and to educate family foundations about social justice philanthropy
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$10,000 |
The Denver Foundation
The Expanding Non-Profit Inclusiveness Initiative —
to support and enhance the effectiveness of Metro Denver's
nonprofit organizations by encouraging the inclusion
of people of color on boards and staff
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$5,000 |
NARAL Pro-Choice Colorado Foundation
General Support — to promote access to reproductive
health care through public education and community organizing
projects in Colorado
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$10,000 |
Planned Parenthood of the Rocky Mountains
General Support — for comprehensive reproductive and
complementary health care services, and advocacy and educational
programs in the Rocky Mountain region
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$10,000
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Political Research Associates
General Support — for research and public education
to rebuild and revitalize a progressive movement around a
common vision for an open, democratic and pluralist society
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$35,000
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Women Donors Network/Political Research Associates Study
Group — to support a partnership with Women Donors Network
to create a progressive donor education program
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$9,000 |
The Women and Public Policy Program (WAPPP)
The Women and Religion Program — to support current
activities and partnerships that focus on women's leadership
in religious institutions, and policies in government and
religious institutions that affect women |
$50,000 |
In addition to our priority areas, we award core community support
grants to arts and cultural organizations that are of personal interest
to our trustees. These grants typically support ongoing general
operating activities.
Colorado Symphony Association
General Support — for the symphony to continue to provide
a broad spectrum of quality musical performances and programs
in Colorado
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$10,000
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Denver Center for the Performing Arts
General Support — for the Denver Center for the Performing
Arts and the Denver Center Theatre Company’s 2003-2004
seasons
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$5,000
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| Music Associates of Aspen, Inc.
Aspen Music Festival and School — for this internationally
renowned classical music festival that presents world-class
music in an intimate, Colorado mountain setting
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$13,200
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| Kirkland Museum
General Support — a special designation from the estate
of Evelyn Chambers for the museum and the exhibitions of Kirkland’s
work |
$400,000 |
Hastings 1066 Foundation
Endowed Scholarship — to create an endowed scholarship
for those who have been disadvantaged in pursuing their careers
by a
work-family conflict and are now seeking a law degree
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$25,000
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General Support — to allow academic programs to grow
and to provide for unique opportunities in legal education
at Hastings College of the Law
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$1,066
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| Island Academy
General Support — to provide quality education in the
small developing nation of Antigua, preparing its youth to
compete in the international arena by giving them the skills
they need to become thoughtful, successful professionals and
leaders in their country
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$5,000
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| North Shore Country Day School
General Support — for co-educational, college preparatory
education focused on community, democracy, artistic and physical
development and global consciousness for students in the Chicago
area
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$5,000
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| University of California, Berkeley
The Cal Fund — to enrich undergraduate education, provide
scholarly research and create new academic opportunities at
the University |
$10,000 |
St. John’s Cathedral
General Support — to provide leadership and faith-based
resources to the church and community |
$53,816 |
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Annual Report Highlights |
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With two other foundations, we provided funding to the Colorado
Center on Law and Policy for the Colorado Fiscal Policy Institute
to update the Self-Sufficiency Standard for Colorado. The new Standard
will provide accurate information about the level of income required
for families to become self-sufficient, based on their family composition
and geographic location.
We continued to support the growth of the Colorado
Children’s Campaign’s endowment that Chambers Family
Fund established through a challenge grant. It exceeded $300,000
at the end of 2003. Additionally, we partnered with Rose Community
Foundation to share lessons learned from a funders’ collaborative
that provided general support to an advocacy organization. With
Rose, we presented the collaborative to national foundations that
fund children’s issues, encouraging support for statewide
children’s advocacy organizations.
In its first year of operation, we provided initial foundation
funding for Secure Source. This
new organization was created to ensure a reliable, affordable and
long term source of high quality contraceptive products to community
health organizations providing services to women.
Construction of the Chambers Center
began in early 2003 with completion expected in late summer, 2004.
With the support of over 500 individuals and foundations, the capital
fundraising goal was met. We also funded a strategic planning and
re-positioning process undertaken by the Women's Foundation of Colorado
to build the capacity of the organization as it prepares to move
to its new home in the Chambers Center.
We participated in the Early Care and Education funders collaborative,
the Housing and Homelessness funders group, the Self-Sufficiency
Standard Coalition and the Educare Colorado funders collaborative
to learn more about issues, build capacity of organizations and
determine options for collaborative funding.
In this fourth year of our initiative to create women’s funds,
Wyoming and Montana exceeded the Chambers Family Fund fundraising
challenge and made grants throughout each state. In its first year
of operation, the board of the Women’s Foundation of Oklahoma
set priorities for grant making and began fundraising efforts.
In 2003, Chambers Family Fund underwrote the cost for staff and
board representatives from the women’s funds of Wyoming,
Montana and Oklahoma
to attend the Women’s Funding Network conference. In addition
to attending conference sessions, the participants met in special
sessions to reflect on their experiences, share information and
best practices and explore opportunities for collaboration. This
in-depth review allowed each fund to identify questions and topics
for future planning, which became the background for the boards
in Wyoming and Montana to undertake strategic planning processes.
In planning for the future, each fund identified the need for increased,
more focused marketing, and began discussing opportunities for collaborative
marketing efforts. Recognizing the potential benefit of a joint
marketing plan, we assisted the three funds to jointly apply for
a Venture Fund grant from the Women’s Funding Network.
A $25,000 grant was awarded to the three new women’s funds
to develop a collaborative marketing and public relations plan with
associated implementation strategies. The plan, to be completed
in 2004, will build on existing efforts and provide new information
about raising funds to build the endowments of these statewide women’s
foundations.
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Annual Report Financial Overview |
| ASSETS |
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| Cash and Cash Equivalents |
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$2,420,124 |
Investments at Cost
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39,369,698 |
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TOTAL ASSETS
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$41,789,822 |
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UNRESTRICTED NET ASSETS
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$41,789,822 |
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FAIR MARKET VALUE OF ASSETS
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$48,524,539 |
REVENUES |
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$8,258,401 |
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EXPENDITURES |
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Grants Paid |
$1,782,100 |
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Direct Charitable Activities |
$172,977 |
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General and Administrative Expenses |
$153,724 |
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Total Qualifying Distribution |
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$2,108,801 |
Investment Management Expenses |
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$179,311 |
| Excise Tax |
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$2,000 |
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| TOTAL EXPENDITURES |
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$2,290,112 |
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| NET REVENUES IN EXCESS OF EXPENDITURES |
$5,968,289 |

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