Tom Saponas

University of Colorado Foundation

The University of Colorado Foundation is a nonprofit corporation responsible for administering private gifts made to further the University of Colorado's mission. Although the Foundation is a separate entity from the University, the Foundation partners with the University to serve in our donors' best interests. We are committed to the highest standards of service and ethical conduct when it comes to managing donors' gifts for the benefit of the University. Since 1967, the Foundation has received, invested, and distributed private gifts to the University to fund student scholarships, faculty support, academic programs, and building improvements. The Board approved investment strategy and distribution rate are designed to provide stable financial support for the University while preserving the purchasing power of endowment and trusts funds in the future. The Foundation ensures that all University spending of donor money is consistent with the donor's intention.