Frequently Asked Questions
What is the Western Colorado Community Foundation (WCCF)?
WCCF is a collection of individual funds and resources given by local citizens to enhance and support the quality of life where they live. A community foundation is a tax-exempt, public charity that allows many individuals, through gifts and bequests, to establish permanent endowment funds within the umbrella of one large foundation. The income from these separate funds can help a community respond to emerging problems and opportunities, as well as to prepare for its future.
What does a community foundation do?
WCCF professionally manages and distributes income from donor funds in a manner consistent with the donor’s specific directives and intentions. WCCF makes grants to qualified nonprofit organizations which benefit our residents. WCCF also awards scholarships to students so they can further their education and reach their academic goals. Finally, WCCF provides philanthropic leadership and helps create and promote efforts among citizens to improve the quality of life in western Colorado.
What communities does WCCF serve?
Generally, WCCF serves the rural and non-resort communities west of the Continental Divide in western Colorado, with a particular focus on the counties of Delta, Eagle, Garfield, Mesa, Montrose, Ouray and Rio Blanco. WCCF is headquartered in Grand Junction and has affiliate relationships with several other community foundations in the region.
Who governs WCCF?
WCCF is governed by an eighteen-member board of directors, comprised of individuals representing the counties we serve and bringing experience and expertise in finance and investment, marketing, nonprofit management and general community leadership.
How does WCCF invest its funds?
As stewards of significant funds entrusted by our many donors, WCCF invests for the long term. Our portfolio is highly diversified to produce the most optimal long-term results. WCCF is pleased to work with Mason Investment Advisors as our primary investment consultant. Mason has a wealth of experience advising endowments and foundations, and is unique among investment consultants for its expertise with community foundations.
What is the difference between WCCF and the United Way?
Both the United Way and WCCF are important resources for the community. Some have described the differences by suggesting that the United Way is the community’s “checking account,” obtaining monthly or annual contributions primarily through the workplace to benefit human services organizations and distributing those funds on an annual basis. WCCF is more like the community’s “savings account,” distributing interest from long-term funds held in perpetuity. Additionally, the United Way focuses support on health and human services, while WCCF supports a broader range of charitable causes. WCCF holds an endowment for the United Way of Mesa County.
Is WCCF a chapter or an affiliate of a national organization?
WCCF is completely autonomous and decisions are made by our board of directors in western Colorado. There are over 750 community foundations around the country, representing one of the fastest growing instruments of philanthropy in the United States today. WCCF is confirmed in compliance with national standards for U.S. community foundations.
The first community foundation began in Cleveland in 1914; WCCF was incorporated in 1996.
How do I contact WCCF?
WCCF’s main office is located on the 5th floor of the Alpine Bank building in downtown Grand Junction at 225 N. 5th Street.
Our mailing address is:
P.O. Box 4334
Grand Junction, CO 81502
You may contact us by:
Calling us at 970-243-3767
Faxing us at 970-243-9767
Emailing us at firstname.lastname@example.org
How can I learn more about WCCF sponsored events?
WCCF regularly hosts nonprofit training workshops and quarterly donor-informational events about
our ongoing community initiatives and giving opportunities. Subscribe to our newsletter here.
What is the tax status and tax ID of WCCF?
WCCF is a classified as “tax exempt” under the section 501c3 of the Internal Revenue Code
Federal EIN: 84-1354894