First Southwest Community Fund
First Southwest Community Fund supports the dedicated entrepreneurial spirit of rural Colorado, by investing in the people, culture and ideas that fuel innovation and financial knowledge in our community, with an emphasis on areas of greatest need.
First Southwest Community Fund at a glance
- Total assets
- $27,579,056
- +21.2% vs 2024
- Revenue (2025)
- $1,501,576
- -2.3% vs 2024
- Net investment income (2025)
- $706,513
- +17.5% vs 2024
- Expenses (2025)
- $1,708,215
- +3.6% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who First Southwest Community Fund funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 1 grant totaling $3.3M.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $27,579,056 | $1,501,576 | $1,708,215 | — | — | $706,513 |
| 2024 | $22,751,175 | $1,537,313 | $1,648,106 | — | — | $601,470 |
| 2023 | $22,064,797 | $3,246,368 | $1,547,013 | — | — | $581,296 |
| 2022 | $19,365,408 | $867,703 | $858,038 | — | — | $376,445 |
| 2021 | $14,121,321 | $787,152 | $862,320 | — | — | $339,078 |
| 2020 | $9,108,640 | $4,299,305 | $3,850,774 | $3,333,022 | 1 | $208,928 |
About First Southwest Community Fund
Based on IRS filings
First Southwest Community Fund is a public charity focused on Human Services, based in Alamosa, CO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $27.6M in total assets. Net investment income was $707K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
First Southwest Community Fund is led by Rosaura McDonough, Executive Director on every filing since 2024; 1 of 11 officers listed in 2025 is compensated.
Officers on the 2025 filing
Rosaura McDonough
Executive Director
On filings since 2024
40 hrs/week
$146K (2024) → $159K (2025)
Kent Curtis
President
On filings since 2020
5 hrs/week
No compensation reported
Beatriz Garcia Waddell
Director
On filings since 2024
1 hr/week
No compensation reported
Erin Keck
Director
On filings since 2024
1 hr/week
No compensation reported
Joseph Desrosiers
Director
On filings since 2024
1 hr/week
No compensation reported
Kristy Esquibel
Director
On filings since 2024
5 hrs/week
No compensation reported
Marco G. Lucero
Director
On filings since 2024
1 hr/week
No compensation reported
Sherry Waner
Director
On filings since 2024
5 hrs/week
No compensation reported
Sonia Perez
Director
On filings since 2024
1 hr/week
No compensation reported
Christie Spears
Secretary
On filings since 2020
1 hr/week
No compensation reported
Jason Medina
Treasurer
Director → Treasurer, 2024
On filings since 2022
1 hr/week
No compensation reported
Former officers (8)
- Former: Beverlee McClure (2020–2023) — Director
- Former: Liza Marron (2020–2023) — Director
- Former: Ty Coleman (2020–2023) — Director
- Former: Azarel Madrigal (2022–2023) — Executive Director
- Former: Beatriz Garcia (2022–2023) — Director
- Former: Tanya Perea Doose (2022–2023) — Director
- Former: Cassandra J. Walker Harvey (2020–2021) — Executive Director
- Former: Mike Roque (2020–2021) — Treasurer
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $159K, to Rosaura McDonough (Executive Dir.).
Frequently asked questions about First Southwest Community Fund
How large is First Southwest Community Fund?
First Southwest Community Fund reported $27.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.5M.
What is First Southwest Community Fund?
First Southwest Community Fund is a public charity focused on Human Services, based in Alamosa, CO. It holds $27.6M in total assets as of 2025.
Where does First Southwest Community Fund operate?
First Southwest Community Fund has awarded grants in Colorado.
What is First Southwest Community Fund's EIN?
First Southwest Community Fund's EIN (Employer Identification Number) is 47-3061703. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 22, 2021)
- Added Form 990 for fiscal year 2025 (received by the IRS August 12, 2026)
Explore Open Grants
Browse active grant opportunities in First Southwest Community Fund's focus areas in our free grants database
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