Photos courtesy Jen Coet Photography
Members of the President’s Council, Board of Trustees, and staff gather at Sky Corral Ranch.
$100 MILLION AND COUNTING COMMUNITY FOUNDATION MARKS A MILESTONE AS IT KEEPS NORTHERN COLORADO’S FUTURE IN FOCUS By Mishelle Baun For the visitor to Sky Corral Ranch, walking the fence line offers a vantage point worthy of a Colorado postcard – a pristine mountain setting where guests build fresh memories and wide-eyed kids pick up the stories they can tell about time at the ranch. For Ray Caraway, president of the Community Foundation of Northern Colorado, the view is no less spectacular. But the vision represented by Sky Corral Ranch is what Caraway finds most striking. Sky Corral Ranch, located about 45 minutes west of Fort Collins, symbolizes how a community foundation can creatively connect people with the causes they find dearest. In fact, innovative and flexible Designing Tomorrow Today (DT2) identiﬁed a need for a foundation to serve Fort Collins.
approaches to serving donors has recently elevated the Community Foundation past a significant milestone – eclipsing more than $100 million in assets under management. Included among those assets is Sky Corral Ranch, gifted in 2014 to the Community Foundation by Bill and Avis Ward, who dreamt of seeing the ranch serve as a gathering place for youth and nonprofit organizations, including churches and schools. The Foundation is uniquely positioned to make that dream come true. But the ranch is just one example of the possibilities that can be realized through determined and creative philanthropy. When Aqua-Hot RV Heating Systems founder Hap Enander died in 2009, he Berthoud joined the Foundation. Assets grew to $1.19 million.
The Lincoln Center Fund was established with an endowment of $4,000.
left the company to a trust along with a set of philanthropic goals. Not certain how to achieve Hap’s vision, Aqua-Hot President Paul Harter turned to the Community Foundation for guidance. Ray and his team listened, provided options, and ultimately proposed a plan: by gifting 100 percent of the stock in Aqua-Hot, the revenue from the company would become an instrument to achieve Hap’s long-term philanthropic goals. A group of advisors is now involved in the Enander Foundation Fund grantmaking process, and in 2016, the Enander Fund established a milliondollar endowment to fund improvements and sustainability at Sky Corral. Paul Harter says the Community Foundation
Estes Valley joined the Foundation. The ﬁrst $1 million gift was received.
Loveland joined the Foundation.
2003 Ray Caraway joined the Foundation as CEO and launched the $1.6 million Cornerstone Campaign to boost operating resources.
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