Western Colorado Community Foundation to benefit from firm’s efforts

May-Investments has launched an effort to raise money for the Western Colorado Community Foundation. For every new subscriber who signs up for a free subscription to the May-Investments eMag through Nov. 15, 2010, May-Investments will contribute $5 to the foundation.

“It’s easy to find a lot of people who benefit from the Western Colorado Community Foundation,” says Doug May, owner and chief investment officer for May-Investments. “They meet so many needs in Western Colorado. They’ve done a great job of raising money that will stay in Western Colorado and help Western Colorado needs.”

According to its website, http://www.wc-cf.org/, the foundation promotes charitable giving, manages charitable endowment funds, and provides grants, scholarships and resources that benefit residents and communities in Western Colorado. The foundation was established in 1996 and today has assets totaling about $15 million, says Executive Director Anne Wenzel.

One of the foundation’s primary responsibilities is to provide stewardship of contributions and legacy gifts on behalf of other nonprofit organizations, Wenzel says. Many small and mid-size nonprofit groups don’t have the staff or expertise to manage large contributions or endowments, and that is where the foundation can help.

“Donors work with us because we have the expertise to manage an endowment in perpetuity,” Wenzel says.

Donors to the foundation can direct their contributions to specific nonprofit organizations or to programs within organizations, she says. The foundation administers several different funds, each of which has a specific purpose.

May-Investments is a Circle of Friends investor in the foundation, helping provide operational support to the organization. Doug says he wants to increase public awareness of the foundation and its work, while at the same time introducing new readers to May-Investments’ eMag. That is why the firm will make a contribution for each new subscriber to the eMag.

“We would like people to refer the eMag to others who are legitimately interested in retirement,” Doug says, adding that he hopes to double the eMag’s distribution between now and Nov. 15.

For more information about the Western Colorado Community Foundation, visit the organization’s website, http://www.wc-cf.org/.

To subscribe to May-Investments’ free eMag, visit http://www.fund-scout.com/ and look for the sign-up box. 
 
 Douglas B. May, CFA, is President of May-Investments, LLC and author of Investment Heresies .

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