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Adolph Coors Foundation

Profile

Last Updated: 2016-07-29

At A Glance

Adolph Coors Foundation

215 Saint Paul St., Ste. 300

Denver, CO United States 80206-5124

Telephone: (303) 388-1636

URL: www.coorsfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business; Politics
  • Family foundation

Financial Data

(yr. ended 2015-11-30)

Assets: $176,409,434

Total giving: $5,117,895

EIN

510172279

BRIDGE Number

7515561320

Background

Incorporated in 1975 in CO - Founded in the name of Adolph Coors, Jr. through a bequest from his trust. Adolph Coors, Jr., who died in 1970, was the son of the founder of the Adolph Coors Company, one of the largest breweries in the United States. These funds are restricted for use within the state of Colorado. In 1977, a bequest was received from the estate of Gertrude Steele Coors, and in 1988, Janet Coors, wife of the late Herman F. Coors, contributed funds to establish the Herman F. Coors Professorial Chair in Ceramics. That chair is currently held at the Colorado School of Mines. In 1995, Janet Coors bequeathed to the foundation a portion of her estate.

Purpose and Activities

The primary areas of foundation interest are: 1) Health, with emphasis on programs that are preventive in nature, promote wellness and/or can demonstrate a reduction in health-care costs; 2) Education, focusing on institutions and programs that foster excellence in the knowledge of free enterprise, science, technology and ethics; 3) Youth Mentoring--agencies that assist the disadvantaged in their efforts to be self-sufficient and productive and that nurture the development of integrity and leadership; and 4) Self-sufficiency--agencies that assist people in becoming independent and productive.

Fields of Interest

Subjects
  • Education
  • Health
  • Public affairs
  • Public policy
  • Youth services
Population Groups
  • Academics
  • Adolescents
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2015-11-30

Assets: $176,409,434 (market value)

Expenditures: $6,900,375

Total giving: $5,117,895

Qualifying distributions: $6,236,180