Pikes Peak Community Foundation
Pikes Peak Community Foundation is a community foundation based in Colorado Springs, Colorado, serving the Pikes Peak Region. Founded in 1928 as the Colorado Springs Community Trust, the organization operates as a 501(c)(3) nonprofit that builds and manages charitable endowments and distributes philanthropic funding to support community needs. The foundation operates donor-advised funds and serves as a strategic partner for individual and corporate donors seeking to achieve their philanthropic goals.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$84.6M
+8.3% YoY
Annual Giving
$10.0M
-44.5% YoY
Grant Count
185
-2.1% YoY
Avg Grant Size
$54K
-43.3% YoY
Mission & Focus Areas
Mission: To inspire a passionate community to forge an enduring legacy now and for future generations.
Vision: A thriving, resilient, sustainable Pikes Peak Region with a vibrant quality of life for all.
Core Commitments: Mission First. Excellence in Everything. Walk our Talk.
The foundation focuses grantmaking across several key areas:
- Arts and Culture — Advancing a diverse arts and culture environment creating a vibrant quality of life
- Outdoor Conservation — Supporting responsible stewardship, growth, and preservation of the region's natural beauty
- Health and Human Services — Addressing critical health needs, mental health, addiction, and food insecurity
- Education — Including college access initiatives
- Community Development — Supporting large community initiatives and inclusive programs
Grantmaking
In 2024, the foundation granted more than $10 million to 623 charitable organizations. Typical grant awards range from $5,000 to $9,500,925.
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Geographic Focus
Where this funder awards grants
The foundation primarily serves the Pikes Peak Region in Colorado. Grant-making also extends to Arizona and Oklahoma based on donor-advised fund distributions.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $84,576,771 (as of most recent filing)
Annual Giving:
- 2024: $10,610,505 in grants to 623 organizations
- 2023: $20.2 million in expenses with $17 million in revenue
Historical Impact: Since the first grant was made more than 90 years ago, the foundation has distributed more than an estimated $125 million in total grants to the region.
The foundation maintains a Finance & Investment Committee responsible for ensuring professional management of funds and protecting endowments and fund balances to maximize community support.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $84,576,771 | $78,115,114 | $78,878,552 |
| Revenue | $11,159,425 | $16,984,608 | $17,269,704 |
| Expenses | $12,776,384 | $20,248,613 | $13,086,222 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,729,531 | $5,836,493 | $666,348 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
4 open opportunities from Pikes Peak Community Foundation
Edson Foundation Grant
PIKES PEAK COMMUNITY FOUNDATION
Amount
Varies
Deadline
Rolling / Open
El Paso County Emergency Relief Fund
PIKES PEAK COMMUNITY FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Teller County Emergency Relief Fund
PIKES PEAK COMMUNITY FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Chief Executive Officer: Margaret O. Dolan
Finance & Investment Committee:
- Venkat Reddy, Committee Chair, UCCS
- Lindsay Pack Moll, InnovaFlex Foundry
- Lauren Theken, Northwestern Mutual
- Thayer Tutt, El Pomar Foundation
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATIE WILLEMARCK | CHAIR | 3 | — |
| WENDEL TORRES | VICE-CHAIR | 3 | — |
| TAD GOODENBOUR | TREASURER | 3 | — |
| VENKAT REDDY | SECRETARY | 3 | — |
| KATHY BOE | DIRECTOR | 2 | — |
| RANDY CASE | DIRECTOR | 2 | — |
| KARLA GRAZIER | DIRECTOR | 2 | — |
| BENJAMIN HARVEY | DIRECTOR | 2 | — |
| GEORGE HOUSTON | DIRECTOR | 2 | — |
| CHRIS JENKINS | DIRECTOR | 2 | — |
| DEB MAHAN | DIRECTOR | 2 | — |
| KATE MAIURRO | DIRECTOR | 2 | — |
| DONNA NELSON | DIRECTOR | 2 | — |
| ALEX SULLIVAN | DIRECTOR | 2 | — |
| BARB WINTER | DIRECTOR | 2 | — |
| MARGARET DOLAN | CEO | 40 | $218,281 |
| JESSIE MARTINEZ | DIRECTOR, FINANCE & OPERATIONS | 40 | $121,793 |
| ROB FAUGHNAN VP ASSET | DEV & DONOR RELATIONS (AS OF 3/24) | 40 | $139,179 |
| KEVIN FARLEY | DIRECTOR, MARKETING & COMMUNICATION | 40 | $109,386 |
Recent News & Activity
Recent developments and announcements
In 2024, the foundation expanded college access through a partnership with Peak Education and launched the "Our Spacious Skies" regional visioning project. The foundation also supported inclusive arts, outdoor conservation, and accessibility programs.
Pikes Peak Community FoundationThe foundation received a $2.5 million grant from the Pikes Peak Regional Partnership Initiative to support outdoor recreation in the region. Additionally, the foundation granted more than $35,000 to support the region's creative economy.
$2.5M RPI grant backs Pikes Peak outdoor recreationSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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