About the Foundation
What is Caring for Colorado?
Caring for Colorado is a grantmaking foundation dedicated to improving the health and health care of the people of Colorado. The foundation was created by the Colorado State Legislature and endowed in 1999 as a non-profit, 501(c)(4) organization. The board of directors is appointed by the Governor of Colorado.
How was Caring for Colorado initially endowed?
The foundation was formed through the sale of Blue Cross Blue Shield, a non-profit organization, and that sale yielded proceeds of $155 million. As mandated by Colorado state law, the proceeds from the sale were dedicated to benefit the health of the people of Colorado. The Caring for Colorado Foundation was endowed to fulfill this responsibility. A percentage of the invested corpus is given each year in grants to qualified non-profit and government agencies in Colorado.
What size grants may an organization request?
The amount granted to an organization varies depending on many factors including a project's total budget and the potential impact of the proposed interventions. Foundation staff members are available to discuss specific project needs prior to submission of a proposal. The foundation favors proposals that include broad community support, additional funders and an indication of how the program or project will be sustained after the grant is finished.
What are Caring for Colorado’s grant deadlines?
Caring for Colorado Foundation has two deadlines annually for grantmaking:
- The second Friday in March.
- The first Friday in October.
Grant applications must be submitted electronically by 5:00 p.m. on the deadline date.
How long does it take to make a decision on an application?
Each of the foundation's grant cycles takes approximately four months.
How does Caring for Colorado monitor the progress of awarded grants?
Grantee organizations are required to submit progress reports, including expenditure reports, twice during any grant year. The foundation pays particular attention to reported progress on grant objectives. Foundation staff also visits grantees when possible.
What types of organizations are supported?
The foundation will consider grant awards to organizations whose services benefit Colorado and are:
- Charitable nonprofit organizations with tax-exempt classification from the Internal Revenue Service.
- Tax-supported institutions such as state or local governments and schools.
- New or emerging organizations are permitted to apply through a tax-exempt organization acting as the fiscal agent.
Caring for Colorado does not fund:
- For-profit entities
- Annual appeals or membership drives
- Fundraising events
- Financial support for political candidates
- Lobbying efforts
- Screening programs without a follow-up component
- Patient assistance funds that cover individual medical, dental or pharmaceutical costs
- Legal services
Does the foundation provide funds to individuals to assist with health care costs?
Does the foundation offer multi-year grants?
Yes. Most of Caring for Colorado's grants are for one year; however, the foundation will consider multi-year requests. The need for multi-year funding should be clearly outlined in the application. Even in those instances when an organization is awarded a multi-year grant, the organization must meet annual objectives before subsequent year monies are disbursed.
If we have been funded in the past, may we apply for funds again?
Yes. In these cases, the foundation will consider the organization's funding history with Caring for Colorado and the outcomes of previous grants.
If we have received funding for one program, may we apply for funding for a different program?
Yes, however the foundation is unlikely to provide two grants to an organization for projects in the same community in a single grant year.
May we apply for funding if we do not have 501 (c) (3) status?
If yours is a new or emerging organization, you are permitted to apply through a tax-exempt organization acting as a fiscal agent. Please call CFC program staff to learn more about how to apply for grant funds using a fiscal agent.