The Cielo Foundation logo

The Cielo Foundation

BOULDER, CO EIN: 26-1166378 Website

The Cielo Foundation is a private independent foundation established in 2007 and based in Boulder, Colorado. The foundation focuses on providing need-based scholarships for vocational and technical education, positioning trade and technical schools as viable alternatives to traditional four-year colleges. The foundation's name, "Cielo," means "sky" in Spanish, reflecting their tagline "The Sky's the Limit!"

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$68.6M

-8.6% YoY

Annual Giving

$8.8M

+22.7% YoY

Grant Count

34

+47.8% YoY

Avg Grant Size

$258K

-17.0% YoY

Under IRS private-foundation payout rules, The Cielo Foundation reported a distributable amount of $4.4M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary mission centers on helping individuals with demonstrated financial need enter the job market quickly and competitively through trade and technical schools without incurring significant debt. The foundation recognizes that job opportunities are abundant for individuals with vocational training, often leading directly to employment after graduation.

Primary funding focus:

  • Vocational and technical education scholarships
  • Trade school certification programs
  • Community college vocational training programs
  • Two-year or shorter vocational training programs

Grantmaking

Applicants should review "What We Can and Cannot Do" and application requirements before applying. The foundation currently does not accept applications for esthetician programs. Applications are available in English, with Spanish applications noted as coming soon.

Grant Range

Up to $20,000 per scholarship

Average Grant

$1,000

How to Apply

**

Ready to take the next step with The Cielo Foundation?

Geographic Focus

Where this funder awards grants

The foundation's primary geographic focus includes:

  • Boulder and Denver metropolitan areas, Colorado
  • National grantmaking across multiple states including Arizona, California, Colorado, Florida, Kansas, Kentucky, Montana, New Hampshire, New York, Texas, and Wyoming

Grant Distribution by State

12states
+4 more states

Cities

AuroraAustinBoulderBozemanBrooklynBroomfieldCentennialColorado SpringsCommerce CityCovingtonDenverDowners GroveFort CollinsGreeleyHoustonIthacaLafayetteLakewoodLaramieLaredo

Financial History

Multi-year comparison from IRS filings

Assets & Giving (as of 2023):

  • Total assets: $75,081,628
  • Annual grants distributed: $7,139,803
  • Total expenses: $8,106,855

Financial Summary:

  • Assets increased 2.6% from previous year
  • Total revenues: -$1,301,187 (2023)
  • Investment income and dividends: $1,703,333
  • Net gain from sale of non-inventory assets: -$2,623,673

Staffing:

  • 0 full-time employees
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$5M$8M$11M20202021202220232024
Metric202420232022
Total Assets$68,615,562$75,081,628$84,249,407
Revenue$3,937,354$-1,301,187$1,034,160
Expenses$9,586,715$8,106,855$8,650,477
Qualifying Distributions$8,871,976$7,248,090$7,595,383
Net Investment Income$3,089,566$523,112$1,296,090
Distributable Amount$4,405,617$4,351,693$4,614,509

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$7M$9M20 grants202011 grants202117 grants202223 grants202334 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FIDELITY CHARITABLE GIFT…$8.5MTHE BEAUTY COLLECTIVE$54KCDL SCHOOL - UNITED STAT…$40KACCENT BEAUTY$23KGALS INC$11KCOLORADO ADVANCED ESTHET…$9KIBMC COLLEGE$9KSCHOOL OF BOTANICAL & ME…$9KATI HOME IMPROVEMENT$8KI HAVE A DREAM$7K

Grant Size Distribution

105 grants across all recorded years

92<$50K4$50–100K3$100–250K1$250–500K$500K–1M$1–5M5$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Fidelity Charitable Gift Fund ($8,525,000), The Beauty Collective ($53,800), Cdl School - United States Truck Driving ($39,805).

RecipientPurposeAmount
160 DRIVING ACADEMY COMMERCE CITY, COSCHOLARSHIP$275
COMPASS NURSING ARTS LAFAYETTE, COSCHOLARSHIP$1,275
DENVER HEALTH DENVER, COSCHOLARSHIP$1,665
FIDELITY CHARITABLE GIFT FUND COVINGTON, KYDONATION$8,525,000
FRONT RANGE COMMUNITY COLLEGE WESTMINSTER, COSCHOLARSHIP$7,207
GALS INC LAREDO, TXSCHOLARSHIP$10,861
IBMC COLLEGE FORT COLLINS, COSCHOLARSHIP$8,590
KMG LIFE DENVER, COSCHOLARSHIP$4,201
MSU DENVER DENVER, COSCHOLARSHIP$6,980
THE BEAUTY COLLECTIVE LAKEWOOD, COSCHOLARSHIP$53,800

Leadership & Key People

Leadership team and compensation from IRS filings

  • Judith Cogen — President
  • Alan Cogen — Vice President

Both leaders work part-time with compensation of $30,000 each. The foundation is supported by the Estate of Lee Cogen.

Compensation Overview

From 2024 IRS filing

ALAN COGENVICE PRESIDENT$30KJUDITH COGENPRESIDENT$30K

From 2024 filing

NameTitleHoursCompensation
ALAN COGENVICE PRESIDENT3$30,000
JUDITH COGENPRESIDENT3$30,000

Recent News & Activity

Recent developments and announcements

The foundation maintains an active scholarship program with rolling applications throughout the year. The foundation's website emphasizes the value of vocational and technical education as a pathway to employment, highlighting that these programs allow students to study subjects of passion while spending less on tuition and increasing job placement opportunities upon graduation.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Cielo Foundation fund?

The foundation's primary mission centers on helping individuals with demonstrated financial need enter the job market quickly and competitively through trade and technical schools without incurring significant debt. The foundation recognizes that job opportunities are abundant for individuals with vocational training, often leading directly to employment after graduation. **Primary funding focus:** • Vocational and technical education scholarships • Trade school certification programs • Communi…

How do I apply for a grant from The Cielo Foundation?

**Scholarship Awards:** • Scholarship range: Up to $10,000 for vocational certification programs • Grant range: Up to $20,000 per scholarship • Applications accepted on a rolling basis throughout the year • Open to applicants regardless of language spoken or documentation status • Need-based selection criteria **Recent Activity:** • 24 awards distributed in 2023 • Annual giving of $7,139,803 (2023) • 23 grants awarded in 2024 • Average grant size: $1,000 **Application Process:** Applicants shou…

Where does The Cielo Foundation make grants?

The foundation's primary geographic focus includes: • Boulder and Denver metropolitan areas, Colorado • National grantmaking across multiple states including Arizona, California, Colorado, Florida, Kansas, Kentucky, Montana, New Hampshire, New York, Texas, and Wyoming

What size grants does The Cielo Foundation award?

In 2024, The Cielo Foundation awarded 34 grants totaling $8.8M — an average of about $258K per grant, based on its IRS Form 990 filings.

How much is The Cielo Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cielo Foundation reported a distributable amount of $4.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Cielo Foundation's EIN?

The Cielo Foundation's EIN (Employer Identification Number) is 26-1166378. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Cielo Foundation's focus areas in our free grants database

Related Funders

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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