Telluride Foundation


Telluride Foundation is a non-profit organization which functions in the Telluride region, including three counties in southwest Colorado. The Foundation was established in 2000, and operates initiatives, makes grants, and invests in communities.

History

Telluride Foundation was started in June 2000 by owners of Telluride Ski Resort, Ron Allred and Hideo "Joe" Morita, with 100,000 contributions from 13 individual contributors. Some of the areas the foundation provides funding include education, early childhood development, environment, healthcare, arts and culture, sports, and human services. Paul Major has served as the President and CEO of the organization since its establishment.

Initiatives

Telluride Foundation awards college scholarships and support to high school students in the Telluride region under programs such as the Chang Chavkin Scholars Program. The program is supported by and named after Laura Chang and Arnie Chavkin, and provides a four-year scholarship package of upto 60,000 to the recipient students, as well as guidance and mentoring before and during college. The foundation also supports the Neil Armstrong Scholarship, which was started by friends and family members of Neil Armstrong in his honor and awarded to a Telluride regional high school student studying STEM in college. Armstrong was a board member of the foundation.
Telluride Foundation and Markle Foundation provides funding to regional businesses under Skillful Colorado initiative. In October 2018, the Economic Development Administration awarded a three-year grant to the Telluride Foundation to develop rural economies in Montrose County and San Miguel County, in partnership with Telluride Foundation.
In 2019, Telluride Foundation started a 2 million working capital loan fund, called Telluride Regional Loan Fund, to support rural businesses in southwest Colorado. The fund provides loans of 25,000 to 100,000 for companies based out of the counties of Montrose, Ouray, San Miguel, Dolores and San Juan.
As of 2019, the Telluride Foundation Grants Committee has funded around 500,000 in grants for successful capital projects which were leveraged with 6.5 million in additional grants and fundraising.
The foundation has co-ordinated the project of providing high-speed broadband connection to rural parts of San Miguel County.
The foundation's Telluride Venture Accelerator initiative aims at developing new businesses in the domains of outdoor recreation, tourism, natural products, health, energy, water and education. The foundation started a healthcare initiative called Tri-County Health Network in 2010, which is now a supporting non-profit organization of Telluride Foundation.
During the COVID-19 pandemic, Telluride Foundation started the Coronavirus Regional Response Fund in order to provide funding for emergency situations.

Awards and recognition

In 2015, the foundation claimed that the 2016 Summer Olympics logo was copied from the foundation's trademarked logo which had been in use since 2000. The foundation's logo had earlier been copied for promoting Carnaval 2004 in Salvador, Brazil.