In 2009, the Telluride Foundation convened public and private sector leaders to establish the Paradox Community Trust (PCT) to create permanent and locally controlled resources for the economically challenged communities of the Paradox Basin, including Naturita, Nucla, Paradox, Norwood, and Rico. PCT takes a new approach to rural community development by creating a permanent investment fund of charitable donations, oil, gas, and severance revenues, foundation grants, corporate charitable contributions, and estate planned giving. PCT uses the principal interest from the permanent fund to foster community improvement, economic development, and build local human capital. For more information on the Paradox Community Trust, visit