2018-2019 ANNUAL REPORT APRIL 1, 2018 – MARCH 31, 2019

Your Community. Your Philanthropy. Your Impact.

2018-2019 ANNUAL REPORT 1 WFCO Team (as of October 2019)

BOARD OF TRUSTEES STAFF Michelle Blessing Lauren Y. Casteel President & CEO Stephanie Bruno

Debbie Chandler Lisa Christie Senior Director of Communications Jennifer Colosimo Mariana Diaz Jennifer Cottrell Programs Coordinator Kim Desmond John Dobey Kelley Duke Members of the 2018 and 2019 Board of Trustees Chief Financial Officer at our Annual Retreat Gracie Gallego Renee Ferrufino Kami Guildner Vice President of Development OUR VISION Nancy Hartley Mallory Garner-Wells A future where women and girls of John Ikard Statewide Engagement Manager every background and identity prosper. Pat Kendall Erica Jackson Digital Marketing Specialist OUR MISSION Eunice Kim

Catalyzing community to advance and Katie Kellen Colleen LaFontaine accelerate economic opportunities for Director of Development Brook Kramer Colorado women and their families. Tracy Langworthy Johanna Leyba Staff Accountant & Office Manager VALUES Adrienne Mansanares Camisha Lashbrook Promise | Leadership | Community | Christina Ortiz Donor Relations Manager Learning | Equity & Inclusion | Kendra Oyen Stewardship & Accountability Karen Mandel Sue Sharkey Development & Database Manager

Danielle Shoots Louise Myrland Faye Tate Vice President of Programs

Joyce Vigil Alison Friedman Phillips Director of Programs

Beatrice Rodriguez Executive & Board Coordinator

Kristina “Krissy” Vaio Development Officer & Events Manager

2018-19 INTERNS & FELLOWS Rebecca Alfaro

Samantha Josey-Borden

Ava Smith

2 Women Thriving. Colorado Rising.® WFCO.ORG Your Community. Your Philanthropy. Your Impact.

Dear supporters, Unprecedented investments from diverse foundations, institutions, and individuals As leaders of the only statewide community demonstrate a widespread belief in foundation focused on the advancement of The Women’s Foundation as an anchor Colorado’s women and their families, we institution in our state. We broadened our look in the rearview mirror at 2018-19 with menu of giving options and our leadership gratitude and a sense of accomplishment. in gender-lens investing allows donors to be philanthropic in ways that are meaningful and 2018 was deemed “year of the woman” significant to you. nationally, and in no state is this truer than in Colorado: Women’s leadership soared in YOUR IMPACT office, higher education, and philanthropy LAUREN Y. CASTEEL while critical policy wins in early 2019 Nationally, and in Colorado, real, tangible President & CEO generated unprecedented economic advancement for women happened. Your opportunity for all women in our state. support powered WFCO’s research and public policy advocacy work, which impacted all With this momentum behind us and your 2.8 million women and girls in Colorado. community, philanthropy, and impact In 2019, with critical support from supporting us – we survey the road ahead WFCO, Colorado passed one of the most with confidence and excitement. comprehensive equal pay protections in the YOUR COMMUNITY country, setting up women to start from an equal place and not from behind. While In Fiscal Year 2018-19 (April 1, 2018 – we worked to remove systemic barriers to March 31, 2019), your support helped us advancement, we also generated economic expand the number of communities we work opportunity for more than 1,300 women and family members through the work of our STEPHANIE BRUNO with and strengthen the communities we’ve Chair, Board of Trustees built. Several new communities of giving 23 grantee partners. joined The Foundation, we participated in We know that so many share our belief that or hosted a record number of community one of the greatest investments one can events, we expanded our own staff to make in our community is in the women increase our statewide presence, new who live here because women give back committees helped to guide our work, and to their communities every day. With smart collaborations enhanced our work and your continued support, there’s no the efforts of our sector. reason we can’t make every year YOUR PHILANTHROPY the “year of the woman.”

Overall, only 1.6 percent of all charitable contributions in the U.S. fund women’s and girl’s initiatives. Our donors know women deserve more and are changing that through their generous philanthropy. Lauren & Steph

2018-2019 ANNUAL REPORT 3 Your Community

We rely on and convene diverse communities to inform our decisions, help us achieve greater outcomes, and carry forward a shared vision of a Colorado where women of every background and identity prosper.

• Our second Lobby Day at the Capitol drew • 13 committees of volunteers elevated the more than 80 individuals from across reach, quality, and impact of our work the state who learned to lobby their legislators with confidence ›› Annual Luncheon committee ›› Audit & finance committee • WFCO hosted or participated in more than 60 events to educate, connect, and learn ›› Colorado Springs regional committee from our communities of giving, grantee ›› Communications advisory committee* partners, businesses, nonprofits, funders, ›› Development committee and advocates ›› Direct-service grantmaking committee • Lauren Y. Casteel inspired individuals ›› The Greater Vail Valley Women’s Fund statewide with keynotes at the grantmaking committee* MLK Business Award Luncheon, Southern Colorado Women’s Chamber ›› Investment committee of Commerce, Community College of ›› Northern Colorado regional committee Foundation and many others ›› Public policy committee • We shared the voices and viewpoints of ›› Programmatic investment committee* “I’d like to thank diverse community members on our blog, ›› Pueblo regional committee including equity specialists, interns, staff, The Women’s donors, economists, and LGBTQ advocates • 23 grantee partners, WFCO, and Foundation of Colorado OMNI Institute learn together • We awarded emerging community leader, through our joint WAGES for this amazing Athena Clemens, with the (Women Achieving Greater opportunity on Leadership Award Economic Security) work Lobby Day and helping • We built bridges of understanding *New committees in 2018-19 me understand the through key coalitions and collaborations including Women’s Funding Network importance of advocacy 2Gen Advocacy Cohort, Colorado and the legislative Immigrant Funders Collaborative, process in Colorado.” LARC4CO, Transformative Leadership for Change, and WomenGive – United Way LOBBY DAY PARTICIPANT of Larimer County

Community College of Denver Foundation Lobby Day 2019 Direct-Service Grantmaking Committee Breakfast of Champions

4 Women Thriving. Colorado Rising.® WFCO.ORG Your Philanthropy

Making philanthropy accessible is a cornerstone of realizing our vision of a future where women and girls of all backgrounds and identities thrive. In 2018-19, WFCO proudly partnered with several new diverse communities of giving to bring their philanthropic passions to life. We made bold plans to launch the country’s first women’s impact investing giving circle and to maximize donors’ investments with an asset base that is 51 percent gender-lens invested by spring 2021. Thousands of donors (women and men!) across the state have found their philanthropic community at WFCO where they can learn, give, and grow.

POWER OF EXTENDED PHILANTHROPY (PEP)

Recognizing that changing structural systems requires time and a sustainable giving stream, more than 300 PEP members pledge an annual gift of $1,000 or more for a minimum of three years. Pearl PEP members make a new commitment or increase their current PEP commitment to $3,000 or more a year for three years. PEP members’ gifts play a critical role in helping The Foundation make ambitious plans, build stronger partnerships, and create infrastructures for success. PEP panel discussion at Gates Corporation

“I fell in love with Lauren Casteel’s vision and dedication to creating a better place for ALL women in Colorado. I lean very much on the research funded by WFCO and I believe in the positive outcomes it creates for its beneficiaries. I made a pledge to become a PEP member… because I believe all people should truly offer support where they are able. ” › SHAHIRA QUDRAT, PEP MEMBER

EMPOWERMENT COUNCIL

Empowerment Council is a dynamic group of over 80 emerging philanthropists and aspiring change agents who are committed to accelerating gender equity in Colorado. Members enjoy monthly educational, leadership, and professional development events, while making meaningful connections and creating change. Empowerment Council members support WFCO by contributing $500 per year, paid on a monthly, quarterly, or annual schedule.

“I believe no one’s daughter DADS FOR DAUGHTERS, MEN FOR WOMEN should have to wait for equal pay and no one’s mother We invite all men to join WFCO in advocating for the women in their lives and should have to choose communities. It takes many voices and resources to build a world that empowers and between paying for child enables women to reach their full potential. The gifts of Dads for Daughters, Men for care and paying for rent.” Women honor the girls and women in their lives – and all women and girls – while giving members access to annual gatherings. › FRED TAYLOR, DADS FOR DAUGHTERS CO-FOUNDER

2018-2019 ANNUAL REPORT 5 Your Philanthropy

More than 3,000 individuals attended our 2018 Annual Luncheon, our largest fundraiser of the year

GIVING CIRCLES

Giving circles provide like-minded donors a space to multiply their philanthropy by pooling their dollars, deciding where to donate, and learning together. Community Chest founding members Beyond Our Borders promotes equity and social justice through educational, Photo credit: McLeod9 Creative economic, and social opportunities for women and girls in global settings. Women who survived breast cancer diagnoses started The Community Chest to build a more connected, empowered Denver community for women and girls. Breast cancer survivorship not required for membership. The Lotus Collective Fund is an inclusive group of women seeking to effect change in the Denver community by granting funds to innovative organizations that develop real solutions to alleviate suffering. SPIN (Sisterhood of Philanthropists Impacting Needs) is an African-American women’s giving circle empowering and positively impacting marginalized Beyond Our Borders women and girls in our community. The Women’s Impact Investing Giving Circle is the first giving circle in the “Having The Women’s Foundation country created specifically to invest directly in women entrepreneurs. Impact host our giving circle was a Finance Center partners with WFCO. no-brainer. It was important to us that WFCO was founded by women for women.” WOMEN WILL RUTH ROHS, CO-FOUNDER OF THE COMMUNITY CHEST Women Will is The Foundation’s legacy giving program ensuring your commitment to women’s progress continues well into the future. Planned giving creates a powerful legacy beyond your lifetime, amplifies your impact, and sustains WFCO’s mission.

6 Women Thriving. Colorado Rising.® WFCO.ORG DONOR-ADVISED FUNDS

• Abdoulah Family Fund • Klinge/McArthur Fund • Adrianna & Arisela for Women & Girls Abarca Fund • Linda E. McKinzie & • Akasha & Kelly Susan M. Kamler Donor Absher Fund Advised Fund • Barbara Bridges Fund • M&I Charitable Giving Fund • Beatty Family Donor Advised Fund • Marjorie and David Gieskieng Fund • The Bluegrass Fund • McNeive-Hornbrook • Burn Bright Fund Fund • The Chambers Fund • Mobilize US Fund • Colosimo Family Fund • The OKO Fund The 2018 Annual Luncheon featuring Billie Jean King brought in new • Corsi-Backlund Fund • PEARL Fund PEP and Empowerment Council members and donor-advised funds • Emily Davis Giving Fund • The Robenhagen-Heigert DONOR-ADVISED FUNDS • The ESL Fund Charitable Fund • Eunice H. Kim • Ruth Ray Hunt Fund Charitable Fund WFCO is your home for individual, family, nonprofit, and • Soeurs de Coeur Fund • Feehan Fund corporate donor-advised funds. Opening a donor-advised fund • Spies-Fontaine Fund • Geri Brown Memorial (DAF) at WFCO allows you to fulfill your philanthropic wishes • Sue Anschutz-Rodgers Fund and passions and our expertise and guidance help you create Fund • Inclusive Women’s the greatest impact. •  Emerging Leadership Fund Leader Award Through 60 separate grants, our DAFs invested in 47 nonprofits • Jennifer Leitsch Fund • Swanee Hunt Individual with broad impact from women and girls to the arts and the • John Parr and Sandy Leadership Award Widener Civic Leadership environment. WFCO holds fundholder gatherings quarterly to • Tom & Margie Gart Award highlight Colorado nonprofits, issue areas, and innovations in Family Fund • The Josephine Lotito philanthropy. More than half of our fundholders invest in our • Tooth Fairy Fund Wise Legacy Fund 100% gender-lens portfolio. • Vangas Women & Girls • Judith Buck Wagner Fund Empowerment Fund • Julia Fitz-Randolph “There are few times in life you can give a gift that improves • Victoria R. Wolf, Lesbian Innovations Richard K. Ouellette & your community, improves yourself, and improves the livelihood Fund Family Fund of women and girls.” • The Karen Rosica Fund › Kenneth Ho, on opening the Burn Bright Fund for his wife Tania Zeigler • Katherine Bruno on their 15th wedding anniversary Prosperity Fund

GRANTEES

• Africa Development Promise • Delores Project • Iliff School of Theology • Second Chance Center • The Bell Policy Center • Denver Film Society - • Inclusive Security • Star Girlz Empowerment • Book Trust Women+Film • Just Vision • Sundance Institute • Building Bridges • Denver Waldorf School • Metro Caring • UCHealth Northern Colorado • The Center for African • EcoArts Connections • Mile High Early Learning Foundation - WISH American Health • Florence Crittenton Services • NARAL Pro-Choice Colorado • United Way of Larimer • CHIC • Food Bank for Larimer Foundation County - WomenGive • Chicken & Egg Pictures County • PEO Foundation • Urban Leadership Foundation - Rise 5280 • Colorado Democracy • The Foundation for •  of the Network Sustainable Urban Rocky Mountains • USC Annenberg School Communities - for Communication and • Colorado Immigrant Rights • Project Self-Sufficiency Sistahpreneurs Journalism Coalition • Project VOYCE • Friendship Bridge • VoteRunLead • Crossroads Safehouse • Project Worthmore • GALS Denver • Women Moving Millions • Curious Theatre Company • The Representation Project • Habitat for Humanity • The Women’s Foundation of • Curls on the Block • Respite Care • IGNITE Colorado Colorado • Rose Andom Center 2018-2019 ANNUAL REPORT 7 2018-19 PEP MEMBERS

Pearl PEP Members Cile Chavez Cathy Havener Greer Leslie Melzer Jill Seaman Plancher Luella Chavez D’Angelo Janet Hayes Annita Menogan Jamey Seely Libby Anschutz Claire Clurman Pamela Metzger Sue Sharkey Barbara Bridges Kathryn Dudley Dana Coffield Alison Hill Patrick Meyers Danielle Shoots Lee Everding Lee Ann Colacioppo Sarah Hines Loraine Miller Sarah Shull Marjorie Gart Catherine Coleman Christina Hixson Lauren Miller Whitney Shupe Rhondda Grant Jennifer Colosimo Mary Hoagland Jayne Mitchell Holly Simpson Pat Kendall Susan Kiely Kelly Condon Lisa Hogan Lynne Montague-Clouse Mary Sissel Diana Kinsey Diana Conovitz Mary Kay Hogan Betsy Mordecai Renee Smith Jan Mayer Sandra Cook Catherine Hollis Janet Mordecai Nina Sonovia Brown Jane Okun Bomba Jennifer Cottrell Dorothy Hoskin Julie Mordecai Ann Sparks Kendra Oyen Mary Coussons-Read NancyJo Houk Julie Mork Katherine Spencer Harkey Joanne Posner-Mayer Judi Wagner Krystal Covington Michele Hovet Nita Mosby Tyler Shannon Spurlock Judith White Nancy Cowen Ann Hovland Kit Mura-smith Jennifer Spykerman Colleen Curran Ellen Huang Victoria Myhren Nicole Staudinger Colleen Abdoulah Carolyn Daniels Brenda Hunt Susan Noble Jane Stein Akasha Absher Christine Daspro Bernardita Hutchinson Laurie Nowak Mary Stuart Maria Alfaro Julie Davis Ratner John Ikard Lauren O’Neill Crist-Fulk Jaime Surenkamp Jandel Allen-Davis Helen de Mooy Kimberly Jackson Corkie Odell Faye Tate Nancy Alterman Harrison Faye Demby Lynn Janklow Wynne Odell Marilyn Taylor Diana Anderson Debra DeMuth Patricia Jarzobski Patricia Oliver Paula Tiernan Janice Andreyko Andrea Detterick Joy Johnson Denise Onofrey Alice Anneberg Rita Devassy Joni Johnson-Powe Patricia Orman Stephanie Tuthill Laura Apodaca Michelle DeVoe Andrea Joyce Christina Ortiz Bluth Janine Vanderburg Lisa Appel Vera Divenyi Nancy Kearney LaRae Orullian Shanda Vangas John Dobey Kristi Keil Alexis Owen Joyce Vigil Debra Armbruster Jennifer Donaldson Katherine Kellen Regina Padilla Isabel Waddell Fiona Arnold Jacqueline Donaldson Leslie Kelly Lynda Parker Betsy Wagner Karen Ashworth- Theresa Donnelly Anahita Kemp Tamara Parnegg Tina Walls MacFarlane Colleen Dougherty Russell Kemp Kim Patmore Kaitlin Warner Elise Barish Helen Drexler Shalyn Kettering Kathryn Paul Larned Waterman Karen Barker Deanna Duell Carla Khabbaz Mohsen Pazirandeh Christine Watkins Davies Michelle Barnes Kelley Duke Eunice Kim Donnamae Pazirandeh Alana Watkins Lyndsey Barnett Kim Durand Patti Klinge Nicole Pearson Janice Weiland Laura Barton Alicia Economos Amy Kolczak Lisa Pease Melissa Weingart KC Becker Paula Edwards Martia Kontak Monica Perez Parsons Carly Wendt Kristine Beisel Anne Elgerd Katy Korman Catherine Petros Emily White Laura Beller Karen Elliott Brook Kramer Senenne Philippon Gala White Catherine Bennett Katherine Ellman Ruth Krebs Theresa Piarrot Brenda Wild Elizabeth Bennett Donna Evans Janet Kritzer Zondra Pluss Jennifer Williams Christy Bergman Jennifer Evans Aimee LaFerriere Karen Polzin Jane Wilner Kelly Birner Colleen Faddick Colleen LaFontaine Catherine Pomeroy Jennifer Wilson Michelle Blessing Jane Feldman Dottie Lamm Amanda Popp Renita Wolf Lynn Blum Cheryl Fellows Ann Lane Patricia Powell Carol Wolf Nancy Boland Mira Finé Rebecca Laughlin Margaret Prentice Gaye Woods Lori Bosanko Ronna Flaum Jennifer Leitsch Diane Price Elizabeth Wylie Shauna Bowen Mary-Katherine Fleming Meg Lemon Shahira Qudrat Valerie Zanon Wieland Cristin Bracken Karrie Fletcher Kristin Lentz Melinda Quiat Katie Zwetzig Carol Brewer Shelley Ford Gaye Leonard Mariah Quish Stephanie Bruno Barbara Frank Mindy Levy Peckar Ranelle Randles Linda Buckley-Dee Barbara Friedman Johanna Leyba Virginia Reiss Heather Bulk Brandi Clair Fuller Mary Ann Littler Natalie Rekstad Margaret Burd Helen Gair Merry Logan Kristine Robertson Patricia Burgess Gracie Gallego Marie Logsden Marcia Rodgers Priya Burkett Heidi Ganahl Colleen Lopez Means Jodi Rogers Eileen Byrne Elizabeth Garner Deb Luginbuhl Michelle Rose-Hughes Toti Cadavid Loren George Evi Makovsky Gretchen Rosenberg Susan Campbell Rita Gersick Adrienne Mansanares Paula Rosson Tiffany Carlson Lisa Goda Susan Mathews Katica Roy Rosalyn Carpenter Judith Goldman Karen Mathis Erica Ruge Stacy Carpenter Eileen Greenberg Alessandra Mayer Barbara Ruh Jan Carroll Julie Groves Kathi McCarty Connie Rule Carol Carter Kami Guildner Deanna McCrery Deborah Sagen Holly Casler Kathy Hagan Brown Susan McIntire Carol Sarchet Lauren Y. Casteel Heidi Hande Weatherly Gillian McKean Bidgood Jeanne Saunders Carolyn Cavicchio Amy Hansen Linda McKinzie Monique Schafer Robin Chalecki Lynne Hanson Myka Lee McLaughlin Sara Schaffer Elizabeth Chambers Melissa Hart Lynda McNeive Louisa Schaffer Marti Champion Cathy Hart Tracy Mead Krystal Schulz Karen Chapman Nancy Hartley Robert Meinzer Lisa Scott

8 Women Thriving. Colorado Rising.® WFCO.ORG 2018-19 EMPOWERMENT COUNCIL

Leslie Allen Carly Hare Jennifer Simons Cynthia Allen Carrie Harrington Molly Smith Ashleigh Arnall Marie-Claire Hart Emily Snooks Tina Ballard Sara Hazel Gayle Spelts Holly Baroway Julie Hertzberg Katherine Spencer Harkey Cobea Becker Katherine Jarvis Torrie Starkweather Jenny Bielak Erin Keefer Andrea Steinberg Sally Brandt Lieb Jennifer Keyerleber Ashley Stiles Katherine Brooks Sarah Killeen Beth Stokes Lathrop Melanie Brown Diane King Trisha Teig Nicole Buckner Madison Kissel Jill Tullman Larissa Carbine Lauren Kotlen Annie Vellon Virginia Carreno Sarah Laughlin Stephanie Visscher Annie Carruthers Erin McCloskey Abigail Walker Madison Carter Maggie McHenry Abigail Wallach Ajenai Clemmons Maeve McHugh Emie Watters Claire Cohen Nneka McPhee Jennifer Welte Annie Contractor Amber McReynolds Carly Wendt Emily Davis Jacqueline Meason Sydni Williams-Shaw Lauren DeBell Kimberly Mendoza Cooke Ashley Wilson Terry DeMeo Andrea Miller Jessica Wolfe Rhyan Diller Melissa Miller Christy Woodward Jada Dixon Melody Mirbaba Jennifer Wright Keri Duffy Susan Mitnick Mehgan Yen Lauren Dwyer Jennifer Newman Hannah York Jennifer Eiteljorg Alicia Nikifarava Erica Younkin Nicole Eubanks Heather North Leslie Fangman Samantha Palladino Gwen Farnsworth Jennifer Palmer Kathleen Finley Julie Pecaut Emily Fletcher Kathleen Phillips Corie Fraker Lynn Price Loretta Frasier Lorii Rabinowitz Ann Frick Kayla Reeves Apryll Gain Angelica Robinson Kelsey Green Taylor Rockhold Ariel Hacker Erica Ruge Cindy Halaby Alyssa Sandrowitz Kelly Hall Marina Scanlan Lisa Hardin Jenny Scrivens

2018-19 WOMEN WILL MEMBERS

Akasha Absher Anna Jo Haynes Lisa Robinson Katherine Archuleta Elsa Holguin Karen Rosica Mary Armour Swanee Hunt Jean Saul Letty Bass John Ikard Holly Simpson Jean Bodman Joy Johnson Lisa Snider Barbara Brett Eunice Kim Susan Sturm Stephanie Bruno Charlotte Kimberlin Susan Suggs Elizabeth Bryant Patti Klinge Marilyn Taylor Eileen Byrne Mary Ann Littler Jane Vennard Maxine Carnes Brenda Lyle Judi Wagner Lauren Y. Casteel Jan Mayer Marla Williams Deanna McCrery Carol Wolf Kelly Condon Lynda McNeive Barbara w Joan Dalbey Janet Meck Susan Damour Betsy Mordecai Kelley Duke Christina Ortiz Bluth Linda Fedak LaRae Orullian Julia Fitz-Randolph Nikki Parker Mary Flemke Lisa Pease Elaine Gampel Essie Perlmutter Ann Garrison Catherine Petros Loren George Fern Portnoy Janice Gieskieng Karen Possehl Cheryl Godwin Dean Prina Rhondda Grant Jane Ragle Elisa Hamill Natalie Rekstad Linda Hamlet Daniel Ritchie J. Bourge Hathaway Margaret Roath

2018-2019 ANNUAL REPORT 9 Your Impact

In 2018-19, WFCO completed the first year of our WAGES (Women Achieving Greater Economic Security) programmatic body of work that integrates research, public policy advocacy, and strategic grantmaking. The WAGES cohort of grantees will spend three years, 2018-19 --> 2020-21, leading efforts throughout Colorado to advance women’s economic security. The cohort convenes twice annually with WFCO and our evaluation and learning partner, OMNI Institute, to explore key questions, share promising practices, and develop solutions to policy issues. Our public policy partners advance transformative systems-level changes and our direct-service partners accelerate career pathways to livable wage jobs. Each organization utilizes innovative solutions to remove key barriers such as access to child care, housing, and transportation.

WAGES RESEARCH

It all begins with research. Understanding the TRUE costs of living in Colorado for diverse family formations is critical to our work at the Capitol and for our direct-service partners. WAGES grantee partner Colorado Center on Law and Policy (CCLP) released the sixth edition of the Self-Sufficiency Standard, and accompanying reports Overlooked and Undercounted and Exploring Economic Security Pathways in Colorado, which was funded exclusively by the M&I Charitable Giving Fund, a donor-advised fund held at The Women’s Foundation.

WAGES PUBLIC POLICY Colorado Gov. Jared Polis signs the Equal Pay for Equal Work Act at The 2019 Colorado legislative session will be remembered for progress WFCO’s offices made for women in the workplace. WFCO and our partners supported 18 bills, 16 of which passed. We are proud that many of these policies earned bipartisan support, with recognition that they will positively impact Colorado women, families, and our economy.

• Most notably, passing The Equal Pay for Equal Work Act provides an unprecedented opportunity for Colorado women to be paid equally.

• Additionally, we helped pass key legislation that will help more than 24,300 working families in Colorado afford child care and approximately 7,000 child care and early education professionals Grantee partner OneMorgan: Marcela become more economically secure. reads to her daughter Samantha at Fort Morgan Public Library Our public policy grantee partners include: 9to5 Colorado, The Bell Policy Center, Colorado Center on Law and Policy, Colorado Children’s Campaign, Colorado Fiscal Institute, Denver Metro Leadership Foundation, Executives Partnering to Invest in Children, and Young Invincibles.

WAGES EDUCATION & ADVOCACY

WFCO released a voter handbook — The Womanifesto — to educate policymakers and community members about advancing women’s economic security and provide nonpartisan policy solutions to Grantee partner Pueblo Community strengthen Colorado’s economy by improving opportunities for College Foundation: Patty studies medical coding at Pueblo Community women and families. Through a series of events across Colorado, College and at our second lobby day, we expanded and helped educate our network of statewide advocates.

10 Women Thriving. Colorado Rising.® WFCO.ORG “I really love my new job and I am Grantee partner CHIC: so grateful (the program) connected Adrianette Cooper hones her construction me to these opportunities. Everything skills at Colorado Home they taught us in the training was Building Academy exactly what we needed to know for a career…and the staff are still there for me.” › WAGES COHORT PARTICIPANT

WAGES STRATEGIC GRANTMAKING

Voters can access The Womanifesto Our grantee partners put into action our research and public policy efforts. After one online at wfco.org/ womanifesto full year of our WAGES cohort, our direct-service grantee partners reported steady progress among their participants on their paths to economic security.

• 428 women were reached through direct services across Colorado. Another 900 family members of the women served were impacted. They are significantly more racially and ethnically diverse than the population of our state.

• 104 women (24%) of the women served made employment gains, 105 women (25%) reached their educational goals, and 7% reduced their reliance on public supports in the areas of income, housing, child care, food, and healthcare. The Greater Vail Valley Women’s LARIMER COUNTY DIRECT SERVICE GRANTEES Fund – a collaborative, Project Self Sufficiency philanthropic fund BY COUNTY MORGAN COUNTY launched by WFCO in OneMorgan County 2018 – gave diverse BOULDER COUNTY community members the Emergency Family Assistance Association, Inc. opportunity to enrich Vail Valley through informed, DENVER COUNTY strategic, community- Center for Work Education & Employment based grantmaking. With the Colorado Coalition for the Homeless partnership of the committee, Collaborative Healing Initiative within Communities (CHIC) Florence Crittenton Services of Colorado WFCO awarded more than Mi Casa Resource Center $50,000 in grants to seven local organizations that EAGLE COUNTY advance opportunities for Eagle County, Department of Human Services women and girls. EL PASO COUNTY Community Partnership for Child Development • Bright Future Foundation PUEBLO COUNTY of Eagle County Pueblo Community College Foundation and the • Colorado Mountain Boys and Girls Club of Pueblo County College Foundation LA PLATA COUNTY • Literacy Project Southwest Colorado Women’s Project: Durango Adult Education Center, • Red Ribbon Project Women’s Resource Center, and • The Cycle Effect La Plata Family Centers Coalition • United Way of Eagle River Valley Our WAGES work is made possible with the support of The Chambers Fund, a donor-advised fund held at WFCO; S&P Global Foundation; WomenGive—United Way of Larimer County; the Women’s Funding Network; and • Walking Mountains generous individuals.

2018-2019 ANNUAL REPORT 11 WFCO Finances

Our fiscal year, ending March 31, 2019, was transformative for The Women’s Foundation of Colorado. • The Colorado Health Foundation, one of the nation’s largest health foundations, awarded WFCO a $1 million grant to support the remainder of our 2017-2021 strategic plan. We will use the funds to strengthen our infrastructure and leverage philanthropy to broaden our statewide reach, deepen our impact, and affirm our role as an anchor institution for the economic advancement of Colorado women and their families.

• Our investments reached new highs in market value. WFCO’s asset allocation and reserve strategies leveraged the performance of the financial markets while the cash flow requirements of our operating and grantmaking activities were met without impacting the long-term performance of our portfolios. We grew our commitment to providing donor-advised fundholders with a 100% gender-lens investment option that not only supports our mission but achieves competitive rates of return in the marketplace with comparable levels of risk. As of the publication of this annual report, our total gender mandate investing comprises nearly 19% of our total invested assets.

• Operationally, we are committed to the financial viability of The Foundation as well as the future by focusing our attention on the appropriate metrics, transparency, and best practices.

SUMMARIZED STATEMENT OF ACTIVITIES STATEMENT OF FINANCIAL POSITION (AUDITED) (AUDITED) FISCAL YEAR ENDED MARCH 31, 2019 MARCH 31, 2019

Revenue, gains, and support Assets

Contributions and grant income $ 2,280,023 Cash and cash equivalents $ $46,069

In-kind contributions 76,598 Prepaid expenses and other assets 83,243

Special events 1,219,025 Contributions receivable, net 434,859

Less direct cost of special events (380,540) Investments 21,790,517

Investment return 710,594 Investment in Chambers Center 1,500,000 Property and equipment, net 43,813 TOTAL REVENUE, GAINS AND SUPPORT $ 3,905,700 TOTAL ASSETS $ 23,898,501

Expenses

Program services Liabilities ››Grants $ 1,109,261 Accounts payable and accrued expenses $ $164,101

››Research, education, and advocacy 1,035,642 Accrued payroll costs 152,192

Total program services 2,144,903 Grants payable 112,233 Supporting services TOTAL LIABILITIES $ 428,526 ››Management and general 557,655 ››Development and fundraising 318,337

Total support services 875,992 Net assets

TOTAL EXPENSES $ 3,020,895 Without donor restrictions $ 9,647,952 With donor restrictions 13,822,023

CHANGE IN NET ASSETS 884,805 TOTAL NET ASSETS $ $23,469,975

COMMITMENTS —

TOTAL LIABILITIES AND NET ASSETS $ $23,898,501

12 Women Thriving. Colorado Rising.® WFCO.ORG In-kind support ANNUAL REPORT DATA 2.1%

FISCAL YEAR ENDED MARCH 31, 2019

Special events Sources of revenue 34.1% Special events $ 1,219,025 34.1% Contributions & grants Contributions & grants 2,280,023 63.8% 63.8% In-kind support 76,598 2.1%

Fundraising 10.5%

Administration

18.5% Expenditures

Programs $ 2,144,903 71.0%

Administration 557,655 18.5%

Fundraising 318,337 10.5%

Programs 71.0%

Regional 6.8%

Granting summary

Direct Service $ 312,000 28.1% Direct-service Public Policy 200,000 18.0% 28.1% Evaluation & Learning 27,500 2.5%

Discretionary Grantmaking 18,800 1.7% Donor-advised Donor-Advised and Special Interest Funds 475,228 42.8% and special Regional 75,733 6.8% interest funds

TOTAL $ 1,109,261 100.0% 42.8%

Public policy 18.0%

Discretionary Evaluation & grantmaking learning 1.7% 2.5%

2018-2019 ANNUAL REPORT 13 WFCO.ORG