Impact Initiatives

Impact Initiatives
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As a way to ensure our community is taking steps in the right direction, we focus our efforts on donating to the most innovative and creative solutions. This approach fulfills community needs that would otherwise remain unmet and positions the Telluride Foundation at the forefront of philanthropic innovation. Some examples include:

Tri-County Health Network

Tri-County Health Network (TCHNetwork) is the Telluride Foundation's health care arm. Recently it was rewarded two grants, both of which will help residents in the region receive health insurance, whether through Medicaid and CHIP or through the new Colorado Health Exchange, the Connect for Health Assistance Network. TCHNetwork aims to improve the quality and coordination of health and healthcare services in our region by ensuring care is accessible, affordable and available to populations living in San Miguel, Ouray, and west Montrose counties.

For more info visit http://tchnetwork.org

Paradox Community Trust Initiative

The Paradox Community Trust (PCT) is a grassroots approach to community development in the rural communities of the Paradox mineral belt, including Norwood, Naturita, Nucla, Paradox, Dove Creek and Rico. PCT is currently focused on two programs: 1) locally-funded and locally-controlled community endowments; and 2) assisting local businesses and entrepreneurs.

The Telluride Foundation, on behalf of the Paradox Community Trust, was awarded a United States Department of Agriculture (USDA) Rural Business Enterprise Grant, as well as a USDA Rural Community Development Initiative Grant, which the Foundation doubled by matching the grant awards, to provide seed money for these new initiatives.

Funding for community endowments capitalizes on the transfer-of-wealth (TOW) opportunity that will occur in the United States over the next 50 years. During this time, our country will experience the largest intergenerational transfer of wealth in history. The Baby Boomers and World War II generations own large amounts of private wealth that, as they die out and retire, will become liquidated. Although, the Paradox Basin is generally considered to be low-wealth with land rich, cash poor residents, over the next 10 years, our research estimates that $1.13 billion will transfer between households. The Telluride Foundation is providing the tools, resources and technical assistance to enable Paradox communities to capture a portion of this TOW opportunity as well as raise alternative sources of funds through charitable giving. Interest from endowed funds will be used by a community for education, health, human service, or community development purposes.

Business TA will promote economic development and the creation of jobs, providing technical assistance to assist start-up, small and emerging businesses. The Initiative will provide expertise for business and entrepreneurs to realize their ideas and gain the skills they need to obtain financing for and run successful businesses. TA, which may be matched with Telluride Venture Accelerator mentors if appropriate, might include feasibility studies, business plans, marketing analysis, website/social media development, and social enterprise models or other activities relevant to successful business expansions.

For more information visit http://www.paradoxgives.org or click here.

Telluride Venture Accelerator

The Telluride Venture Accelerator (TVA), preserves what makes Telluride such a special place for so many, while helping it to compete economically, by creating a local entrepreneurial ecosystem. TVA seeks to usher in yet another period of innovation and reinvention to help ensure Telluride's ongoing prosperity through a business competition for entrepreneurs, mentoring, business coaching, and incubation, as well as investment opportunities.

For more information visit: http://www.tellurideva.com

Work Force Housing Initiative

The purpose of the Work Force Housing Initiative is to facilitate an apolitical discussion with the regional land planning professionals to identify land parcels appropriate for private public partnership (P3) real estate developments to build rent and for-purchase workforce (100-200% AMI) housing.

For work force and P3 housing information and resources, click here.

IMPACT INITIATIVES

As a way to ensure our community is taking steps in the right direction, we focus our efforts on donating to the most innovative and creative solutions. This approach fulfills community needs that would otherwise remain unmet and positions the Telluride Foundation at the forefront of philanthropic innovation. Some examples include:

TRI-COUNTY HEALTH NETWORK

Tri-County Health Network (TCHNetwork) is the Telluride Foundation’s health care arm. Recently it was rewarded two grants, both of which will help residents in the region receive health insurance, whether through Medicaid and CHIP or through the new Colorado Health Exchange, the Connect for Health Assistance Network. TCHNetwork aims to improve the quality and coordination of health and healthcare services in our region by ensuring care is accessible, affordable and available to populations living in San Miguel, Ouray, and west Montrose counties.

For more info visit http://tchnetwork.org

PARADOX COMMUNITY TRUST INITIATIVE

The Paradox Community Trust (PCT) is a grassroots approach to community development in the rural communities of the Paradox mineral belt, including Norwood, Naturita, Nucla, Paradox, Dove Creek and Rico. PCT is currently focused on two programs: 1) locally-funded and locally-controlled community endowments; and 2) assisting local businesses and entrepreneurs.

The Telluride Foundation, on behalf of the Paradox Community Trust, was awarded a United States Department of Agriculture (USDA) Rural Business Enterprise Grant, as well as a USDA Rural Community Development Initiative Grant, which the Foundation doubled by matching the grant awards, to provide seed money for these new initiatives.

Funding for community endowments capitalizes on the transfer-of-wealth (TOW) opportunity that will occur in the United States over the next 50 years. During this time, our country will experience the largest intergenerational transfer of wealth in history. The Baby Boomers and World War II generations own large amounts of private wealth that, as they die out and retire, will become liquidated. Although, the Paradox Basin is generally considered to be low-wealth with land rich, cash poor residents, over the next 10 years, our research estimates that $1.13 billion will transfer between households. The Telluride Foundation is providing the tools, resources and technical assistance to enable Paradox communities to capture a portion of this TOW opportunity as well as raise alternative sources of funds through charitable giving. Interest from endowed funds will be used by a community for education, health, human service, or community development purposes.

Business TA will promote economic development and the creation of jobs, providing technical assistance to assist start-up, small and emerging businesses. The Initiative will provide expertise for business and entrepreneurs to realize their ideas and gain the skills they need to obtain financing for and run successful businesses. TA, which may be matched with Telluride Venture Accelerator mentors if appropriate, might include feasibility studies, business plans, marketing analysis, website/social media development, and social enterprise models or other activities relevant to successful business expansions.

For more information visit http://www.paradoxgives.org or click here.

TELLURIDE VENTURE ACCELERATOR

The Telluride Venture Accelerator (TVA), preserves what makes Telluride such a special place for so many, while helping it to compete economically, by creating a local entrepreneurial ecosystem. TVA seeks to usher in yet another period of innovation and reinvention to help ensure Telluride’s ongoing prosperity through a business competition for entrepreneurs, mentoring, business coaching, and incubation, as well as investment opportunities.

For more information visit: http://www.tellurideva.com

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