Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Thrivers Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of $3.5M. Annual income is reported at $2.6M. The foundation is governed by 2 officers and trustees. Tax records are available from 2021 to 2023. The foundation primarily funds organizations in Colorado Springs, CO, El Paso County, CO and Albuquerque, NM. According to available records, Thrivers Foundation has made 12 grants totaling $110K, with a median grant of $6K. Annual giving has grown from $20K in 2022 to $90K in 2023. Individual grants have ranged from $1K to $50K, with an average award of $9K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Colorado and New Mexico. Contributions to this foundation are tax-deductible.
## Approach Strategy
The Thrivers Foundation is a Delaware-incorporated private foundation (EIN 863415232) led by Elizabeth J. Brown and Vance F. Brown (Co-Presidents/Directors). Despite its Delaware legal address (Wilmington), all grant activity is concentrated in Colorado Springs, Colorado, with one exception: the Center for Action and Contemplation in Albuquerque, New Mexico (founded by Franciscan priest and spiritual writer Richard Rohr).
The grantee profile reveals a progressive-leaning family foundation focused on Colorado Springs community development and youth education, with a notable spiritual dimension through the Center for Action and Contemplation connection. The grantee list spans: community development corporations, parent support, charter schools, dream centers (homeless/addiction services), foundation for downtown development, and early childhood education.
Critical insight: This foundation is fully preselected. All grants go to Colorado Springs organizations the Brown family personally selects. No open application process exists.
The Center for Action and Contemplation grantee is notable — CAC is Richard Rohr's contemplative Catholic organization known for its "Universal Christ" theology and nondenominational spiritual formation. The largest single grant ($25,000 in 2024) going to CAC in Albuquerque suggests personal spiritual affiliation of the Brown family with Rohr's contemplative tradition.
Personal relationships in the Colorado Springs progressive nonprofit community (community development, downtown revitalization, youth charter schools) or through CAC's network are the primary pathways.
## Funding Patterns
The Thrivers Foundation began active grantmaking only recently, after a period of asset accumulation: - 2024: $135,000 (11 grants) - 2023: $90,000 (10 grants) - 2022: $10,000 (1 grant — Dream Centers) - 2021: $0 (no grants)
This pattern suggests the foundation was established and capitalized ($3.9M in 2021) but spent 2021-2022 figuring out its program strategy before ramping up in 2023-2024.
Grant structure (FY2024): 11 grants. Maximum $25,000 (Center for Action and Contemplation). Median $10,000. All grants are "General & Unrestricted" support — no project-restricted grants. This is an unusual and valuable feature for nonprofits seeking flexibility.
Asset trajectory: $3.95M (2021) → $3.06M (2022) → $3.55M (2023) → $3.76M (2024). Growing assets despite distributions suggest the foundation has been growing its investment returns faster than it distributes. This is a well-capitalized foundation in an early phase of ramping up grantmaking — giving levels are likely to increase over the next 3-5 years.
## Peer Comparison
| Foundation | Assets | Focus | Geography |
|---|---|---|---|
| Thrivers Foundation (DE/CO) | $3.8M | Community dev + youth + contemplative | Colorado Springs CO |
| El Pomar Foundation (Colorado Springs) | $700M+ | Colorado statewide | CO, major player |
| Pikes Peak Community Foundation | $200M+ | El Paso County CO | Open grants |
| Gary-Williams Energy Foundation | Varies | Colorado Springs community | CO |
| Center for Action and Contemplation (grantee) | N/A | Contemplative spirituality | Albuquerque NM |
For Colorado Springs community development, education, and youth organizations, the El Pomar Foundation (the largest private foundation in Colorado) and Pikes Peak Community Foundation are far more accessible alternatives. The El Pomar Foundation has an open application process and distributes tens of millions annually in Colorado.
For organizations aligned with contemplative Catholic/Christian spirituality, the Fetzer Institute and Lilly Endowment may be relevant alternatives at a national level.
## Recent Activity
FY2024 grants: - Center for Action and Contemplation (Albuquerque NM): $25,000 — general unrestricted - Parents Challenge (Colorado Springs): $20,000 - Solid Rock Community Development Corporation: $20,000 - Exponential Impact: $15,000 - Colorado Springs School of Technology: $10,000 - Dream Centers of Colorado Springs: $10,000 - Foundation for Colorado Springs Future Inc: $10,000 - Hillside Connection: $10,000 - Colorado Springs Child Nursery Centers Inc: $10,000 - Foundation of the Heart: $5,000 - Peak Education: $5,000
All grants are general, unrestricted support. The foundation has been awarding the same core set of Colorado Springs organizations since 2022-2023 with increasing grant amounts.
Notable addition: Peak Education (charter school) suggests educational access in Colorado Springs is a growing priority. Hillside Connection is likely a community connection program.
## Application Tips
Bottom line: Do not apply cold. The Thrivers Foundation is preselected with no open application process.
For Colorado Springs organizations that may have touchpoints with the Brown family:
1. Colorado Springs community development organizations: Solid Rock Community Development, Foundation for Colorado Springs Future, and Colorado Springs Community Ventures suggest the Browns are engaged in downtown revitalization and community economic development. Organizations working on housing, economic mobility, or neighborhood development in Colorado Springs may find introductions through these grantee organizations.
2. Dream Centers (homeless/addiction/transitional housing): Dream Centers of Colorado Springs is a recurring grantee. Organizations providing supportive services to unhoused or recovering individuals in Colorado Springs may be in the same network.
3. Early childhood education: Colorado Springs Child Nursery Centers and Peak Education suggest interest in both traditional ECE and innovative charter approaches. Early childhood programs or hybrid learning models in Colorado Springs may align.
4. Contemplative spirituality organizations: The CAC connection to Richard Rohr's work is the foundation's most distinctive giving. Organizations working at the intersection of spirituality and social justice, or contemplative programs in the Colorado Springs area, may be most likely to receive a personal introduction to the Brown family.
5. Parent support programs: Parents Challenge is a recurring grantee — programs supporting parenting skills, family stability, or parent education in underserved Colorado Springs communities may be in scope.
Monitor the Foundation's giving trajectory — 11 grants in 2024 at $135K suggests this foundation is still establishing itself and may expand its grantee pool in coming years.
Create a free Granted account to download this report — includes application checklist, full financial data, and all grantees.
Already have an account? Sign in to download.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
## Funding Patterns The Thrivers Foundation began active grantmaking only recently, after a period of asset accumulation: - 2024: $135,000 (11 grants) - 2023: $90,000 (10 grants) - 2022: $10,000 (1 grant — Dream Centers) - 2021: $0 (no grants).
Thrivers Foundation has distributed a total of $110K across 12 grants. The median grant size is $6K, with an average of $9K. Individual grants have ranged from $1K to $50K.
## Approach Strategy The Thrivers Foundation is a Delaware-incorporated private foundation (EIN 863415232) led by Elizabeth J. Brown and Vance F. Brown (Co-Presidents/Directors). Despite its Delaware legal address (Wilmington), all grant activity is concentrated in Colorado Springs, Colorado, with one exception: the Center for Action and Contemplation in Albuquerque, New Mexico (founded by Franciscan priest and spiritual writer Richard Rohr).
Thrivers Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elizabeth J Brown | Co- Pres, Dir | $0 | $0 | N/A |
| Vance F Brown | Co- Pres, Dir, Sec, Treas | $0 | $0 | N/A |
Total Giving
$157K
Total Assets
$3.5M
Fair Market Value
$3.5M
Net Worth
$3.5M
Grants Paid
$90K
Contributions
N/A
Net Investment Income
$24K
Distribution Amount
$164K
Total: $3.4M
Total Grants
12
Total Giving
$110K
Average Grant
$9K
Median Grant
$6K
Unique Recipients
10
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Exponential ImpactTenant Improvements for downtown offices | Colorado Springs, CO | $50K | 2023 |
| Parents ChallengeGeneral & Unrestricted | Colorado Springs, CO | $10K | 2023 |
| Dream Centers Of Colorado SpringsEarly Childhood Education Center | Colorado Springs, CO | $10K | 2023 |
| Foundation For Colorado Springs Future IncGeneral & Unrestricted | Colorado Springs, CO | $10K | 2023 |
| Center For Action And Contemplation IncGeneral & Unrestricted | Albuquerque, NM | $2K | 2023 |
| Solid Rock Community DevelopmentcorporationGeneral & Unrestricted | Colorado Spgs, CO | $2K | 2023 |
| Peak EducationGeneral & Unrestricted | Colorado Spgs, CO | $2K | 2023 |
| Colorado Springs Community Ventures IncDowntown Ventures - Public Art | Colorado Spgs, CO | $2K | 2023 |
| Gazette CharitiesEmpty Stocking Fund | Colorado Spgs, CO | $2K | 2023 |
| Joint Initiatives For Youth And FamiliesEarly childhood business council | Colorado Spgs, CO | $1K | 2023 |