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About 90 percent of the Opportunity Fund's clients are racial and ethnic minorities, nearly 70 percent are low-income, and about a third are female. [2] The organization receives funding from big foundations, banks, donors and government grants, [1] including Bank of America; Goldman Sachs; JP Morgan Chase Foundation; [3] Knight Foundation; Calvert Foundation; [4] philanthropist Mark Leslie ...
To qualify, the Opportunity Fund must invest more than 90% of its assets in a Qualified Opportunity Zone Property located in an Opportunity Zone. [8] The property must be original use, or meet the definition of substantial improvement, meaning that the adjusted basis in the property must be doubled after purchase. [9]
El Pomar Foundation is a private, general purpose foundation established in 1937 by Spencer and Julie Penrose. With a mission to "enhance, encourage, and promote the current and future well-being of the people of Colorado," El Pomar Foundation provides more than $22 million annually in grants and programs throughout the state.
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The Native American Rights Fund (NARF) is a non-profit organization, based in Boulder, Colorado, that uses existing laws and treaties to ensure that U.S. state governments and the U.S. federal government live up to their legal obligations. NARF also "provides legal representation and technical assistance to Indian tribes, organizations and ...
A Colorado abortion fund said Thursday it’s helped hundreds access abortion in the first months of 2024, many arriving from Texas where abortion is restricted, showing a steady increase in need ...
‘It’s heartbreaking’: This Colorado family reported more than $250K missing from daughter’s special needs trust fund a decade before the center in question filed for bankruptcy
The CDBG program was enacted in 1974 by President Gerald Ford through the Housing and Community Development Act of 1974 and took effect in January 1975. Most directly, the law was a response to the Nixon administration's 1973 funding moratorium on many Department of Housing and Urban Development (HUD) programs.