ENDOWMENT GUIDE
CHANGING A CITY FOR GENERATIONS.
LIVE DIFFER
ENT, TOGETHER.
Antony and his family
Class of 2020
HVAC Technician
THE MISSION: ABOUT
CROSSPURPOSE
We exist to abolish economic, relational, and spiritual poverty through career and community development. When we started working with our neighbors in northeast Denver in 2008, we knew that the problem of poverty could not be solved with fragmented or relief-based approaches Instead, we focused on creating a model that would eliminate poverty itself, rather than simply lessening its effects. By participating in our tuitionfree career and community development program, our students (called Leaders) can graduate from poverty and participate in meaningful work
By 2020, CrossPurpose had successfully completed a five-year goal to get 1,000 people out of poverty We are now pursuing a new strategic plan to expand the program and bring over 5,000 men, women and children out of poverty by 2025
BUILDING THE FOUNDATION:
TOMORROW'S CHANGE STARTS TODAY
To create the future we envision for the city of Denver, our work towards long-term sustainability begins now. Here you'll see the values that guide us in these endeavors.
GROWTH MENTALITY
We opened our second location in the fall of 2021 with two more to come by the end of 2025, making our goal to serve more neighbors a tangible reality.
DEEP ROOTS
In a city often inhabited by shortterm residents and marked by transience, we ’ re committed to staying and seeing growth in Denver.
CONTINUING EXCELLENCE
We believe that the neighbors in our program deserve the best resources, spaces, and services available on their journey to success.
"We want to build a legacy institution of excellence in our city. One that exists for all, endures a hundred years from now and empowers tens of thousands of families to escape poverty."
- Jason Janz, CrossPurpose CEO & Co-Founder
HOW IS THE ENDOWMENT MANAGED?
STEWARDING THE INVESTMENT
The endowment is managed by Aveo Capital Partners, LLC, a Denver based investment advisory firm Aveo has over $1 5 billion in assets and is the 18th fastest growing firm in the U S , according to Financial Advisor Magazine.
Aveo’ s mission is to deliver outstanding longterm investment returns to CrossPurpose. It considers investments over a time horizon measured in decades, not years. This translates into a competitive advantage over more traditional institutional investors who face shortterm pressures on performance. Factoring in inflation and an annual distribution, Aveo focuses on achieving high real rates of return to support CrossPurpose today and to sustain its mission in perpetuity.
The portfolio is invested primarily in equities, fixed income and hard assets like commodities and precious metals.
Thanks to the generosity of our donors, sound investment management, and a prudent spending policy, the endowment will help CrossPurpose end financial, spiritual, and relational poverty far into the future.
FOUNDING SUPPORT
100% of the CrossPurpose Board and Executive Team financially support the Endowment.
LEAVING A LEGACY:
CATALYZING CHANGE FOR TOMORROW
“Over the years I have developed a deep affinity for CrossPurpose and its mission. We have chosen to give to the endowment to give CrossPurpose a permanent place in our community; to foster our goal of eliminating spiritual, economic and relational poverty to the next generation; and to serve as a beacon of hope for those of us struggling with opportunity in the Denver community.”
- Ben Warwick, CrossPurpose Board Member, Donor & Ally
NAMING OPPORTUNITIES:
HONORING GENEROSITY
Each of the Endowment sponsorship categories listed here offer naming and recognition opportunities to our generous donors.
We believe these gifts and the people behind them deserve to be honored and remembered Naming commemorates the significant transformation these gifts will bring about for our city for years to come.
LOOKING AHEAD: FORGING NEW FUTURES
Lydia Esquibel (page left) is no stranger to overcoming obstacles. She graduated high school after the birth of her first child, then spent the next twenty years raising her family, continuing her own education, and helping others find career training.
In 2016, after experiencing the loss of her oldest child and an unexpected layoff, she felt the foundation she had spent most of her life building drop out from under her Feeling shaken and uncertain of how to move forward, both Lydia and her daughter Daisy (page right) were referred to CrossPurpose and decided to take a chance on a new opportunity.
In 2019, mother and daughter graduated from the program with certifications in medical field careers. In so doing, they’ ve set a new course for their own lives and the future of their family.
As they continue to press forward, they find fulfillment each day knowing that not only is their family secure and cared for, but they can participate in meaningful work that benefits others in their community.
Lydia Esquibel (Mother)
Class of 2020 C3
Daisy Carillo (Daughter) Class of 2020 C4