Assets & Grants
The Colorado Trust's original endowment of $191 million was received from the sale of the PSL Healthcare Corporation in 1985. At the end of 2010, The Colorado Trust had assets of $411 million.
As a perpetual endowment, The Colorado Trust's investment objective is to make qualifying distributions of grants plus expenses equal to five percent of the endowment each year while maintaining and increasing its real value in perpetuity. This becomes more challenging when there is a significant market decline. However, even as a result of the recession that began in late 2007, which caused our assets to declined 34.3% in 2008, The Trust not only maintained all grant commitments but actually increased grantmaking from 2008 to 2009 to meet increasing needs.
From its inception through 2010, The Colorado Trust has made grants totaling $347 million to grantees across Colorado, with $19.8 million in grants made in 2010 in support of more than 200 grantees.
