Western Opportunity Fund
Western Opportunity Fund is a private foundation focused on Education, based in Denver, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $43.7M in total assets. In 2024, it awarded 1 grant totaling $829K.
Western Opportunity Fund at a glance
In short: Western Opportunity Fund gave $829K across 1 grant in 2024 (avg $829K), mostly in Colorado. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $828,967
- +45.9% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $828,967
- +45.9% vs 2023
- Median grant
- $828,967
- Total assets
- $43,692,572
- +30.2% vs 2023
- Primary geography
- Colorado (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Western Opportunity Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Western Colorado University ($829K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $500K–1M range: 2 grants of 6 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Western Opportunity Fund gives
- Giving grew 130% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $361K (2021) to $61.6M (2022). In 2024 it made 1 grant totaling $829K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Western Colorado University Gunnison, CO | To support the university in recruiting faculty and students to the paul m. Rady school of computer science and engineering. | $828,967 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $43,692,572 | $12,030,176 | $1,653,201 | $828,967 | 1 | $44,416,022 | — |
| 2023 | $33,567,346 | $25,128,565 | $1,039,734 | $568,334 | 1 | $34,021,985 | $18,932,866 |
| 2022 | $9,233,320 | $31,591,154 | $62,287,044 | $61,636,003 | 2 | $64,580,288 | $5,636,578 |
| 2021 | $59,747,570 | $5,000,090 | $2,419,515 | $360,511 | 1 | $6,685,959 | — |
| 2020 | $57,166,995 | $8,053,787 | $1,739,435 | $1,307,060 | 1 | — | $40,930 |
Leadership & Key People
Officers and directors from IRS filings
Western Opportunity Fund is led by Paul M. Rady, Director, President & Treasurer on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Paul M. Rady
Director, President & Treasurer
On filings since 2020
1 hr/week
No compensation reported
J. Kent Nossaman Jr.
Vice President & Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Western Opportunity Fund
How much does Western Opportunity Fund give each year?
Western Opportunity Fund gave $829K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $568K across 1 grant.
How large is Western Opportunity Fund?
Western Opportunity Fund reported $43.7M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $12.0M.
What is Western Opportunity Fund?
Western Opportunity Fund is a private foundation focused on Education, based in Denver, CO. It holds $43.7M in total assets as of 2024.
Where does Western Opportunity Fund operate?
Western Opportunity Fund has awarded grants in Colorado.
What is Western Opportunity Fund's EIN?
Western Opportunity Fund's EIN (Employer Identification Number) is 83-0796107. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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