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Western Opportunity Fund is a private corporation based in DENVER, CO. The foundation received its IRS ruling in 2019. The principal officer is % J Kent Nossaman Jr. It holds total assets of $43.7M. Annual income is reported at $12M. WESTERN OPPORTUNITY FUND (THE "FOUNDATION") HAS CONSTRUCTED THE PAUL M. RADY SCHOOL OF COMPUTER SCIENCE AND ENGINEERING BUILDING (THE "BUILDING") LOCATED ON THE CAMPUS OF WESTERN COLORADO UNIVERSITY (THE "UNIVERSITY") IN GUNNISON, COLORADO. THE BUILDING IS A 75,000 SQUARE FOOT AND LEED CERTIFIED BUILDING WITH VERSATILE TEACHING AND LAB SPACES ALONG WITH INDOOR AND OUTDOOR LEARNING AREAS. THE UNIVERSITY WILL USE THE BUILDING TO EDUCATE STUDENTS WHERE THEY WILL BE ABLE TO OBTAIN DEGREES IN COMPUTER SCIENCE AND MECHANICAL ENGINEERING. According to available records, Western Opportunity Fund has made 3 grants totaling $62M, with a median grant of $1.7M. Annual giving has grown from $361K in 2021 to $61.6M in 2022. Individual grants have ranged from $361K to $59.9M, with an average award of $20.7M. Grant recipients are concentrated in Colorado. Contributions to this foundation are tax-deductible.
WESTERN OPPORTUNITY FUND (THE "FOUNDATION") HAS BEGUN RENOVATION ON THE THE RADY FAMILY SPORTS COMPLEX "EVENTS CENTER" LOCATED ON THE CAMPUS OF WESTERN COLORADO UNIVERSITY (THE "UNIVERSITY") IN GUNNISON, COLORADO. THE EVENTS CENTER IS A LONG STANDING FACILITY WHICH HOSTS ATHLETICS AND OTHER EVENTS. THE RENOVATION IS INTENDED TO MODERNIZE ONE OF THE OLDEST AND WEAKEST FACILITIES ON CAMPUS AS WELL AS ADD ADDITIONAL ATHLETIC AMENITIES AND INFRASTRUCTURE TO THE UNIVERSITY.
Expenses: $2.9M
THROUGH PROJECT LEO, WESTERN OPPORTUNITY FUND ASSISTS WESTERN COLORADO UNIVERSITY WITH RECRUITMENT OF BOTH FACULTY AND STUDENTS TO THE PAUL M. RADY SCHOOL OF COMPUTER SCIENCE AND ENGINEERING.
Expenses: $1.7M
WESTERN OPPORTUNITY FUND (THE "FOUNDATION") HAS CONSTRUCTED THE PAUL M. RADY SCHOOL OF COMPUTER SCIENCE AND ENGINEERING BUILDING (THE "BUILDING") LOCATED ON THE CAMPUS OF WESTERN COLORADO UNIVERSITY (THE "UNIVERSITY") IN GUNNISON, COLORADO. THE BUILDING IS A 75,000 SQUARE FOOT AND LEED CERTIFIED BUILDING WITH VERSATILE TEACHING AND LAB SPACES ALONG WITH INDOOR AND OUTDOOR LEARNING AREAS. THE UNIVERSITY WILL USE THE BUILDING TO EDUCATE STUDENTS WHERE THEY WILL BE ABLE TO OBTAIN DEGREES IN COMPUTER SCIENCE AND MECHANICAL ENGINEERING. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CO.
Western Opportunity Fund has distributed a total of $62M across 3 grants. The median grant size is $1.7M, with an average of $20.7M. Individual grants have ranged from $361K to $59.9M.
Western Opportunity Fund typically selects its grantees rather than accepting unsolicited proposals.
Western Opportunity Fund is headquartered in DENVER, CO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| J Kent Nossaman Jr | VICE PRESIDENT, SECRETARY | $0 | $0 | $0 |
| Paul M Rady | DIRECTOR, PRESIDENT, TREAS | $0 | $0 | $0 |
Total Giving
$1M
Total Assets
$33.6M
Fair Market Value
$33.6M
Net Worth
$33.3M
Grants Paid
$568K
Contributions
$6M
Net Investment Income
$18.9M
Distribution Amount
$0
Total Grants
3
Total Giving
$62M
Average Grant
$20.7M
Median Grant
$1.7M
Unique Recipients
1
Most Common Grant
$361K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Western Colorado UniversityGRANT OF THE PAUL M. RADY SCHOOL OF COMPUTER SCIENCE AND ENGINEERING BUILDING TO WESTERN COLORADO UNIVERSITY | Gunnison, CO | $59.9M | 2022 |
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