A Charitable Foundation providing local community service in the name of Rotary and Rotarians in the Pikes Peak Region
Serving the Pikes Peak Region since 1976
For additional information:
- The mission of PPARE is to make recognizable and measurable improvements to the community.
- PPARE was established by five area Rotary clubs in 1976 with a grant of $1,050 for the purpose of providing a growing source of funding for local community service in the name of Rotary and Rotarians in the Pikes Peak region. The corpus was to grow through investments and club donations.
- In 1985, upon the death of William and Betty Osborne, their trust of $1,000,000 was activated. This trust allocates its annual distribution to the PPARE to invest for close to eight months each year, to retain the earned income and subsequently distribute the funds as directed by the Osborne Trust Board.
- In the 30 years since inception, the corpus has grown to nearly $300,000. Eighty percent of the annual earnings are used to fund local community service in the name of Rotary.
- The PPARE fulfills its mission by contributing to local charitable organizations determined by the IRS to be 501(c)(3) nonprofits.
- Funded projects are selected annually.
- The PPARE seeks out youth programs that focus on the prevention of a problem, rather than a cure, and satisfy a currently unfulfilled need.
- Applications for funding should be mailed to the Endowment by June 15th of each year.
- The PPARE trustees oversee the investment of the Funds. The Board’s policy is to invest the corpus conservatively in equities and investment grade bonds for the purpose of growing the corpus.
- The Board of Trustees of PPARE is composed of up to two members from each club, each serving as Trustees for five-year terms.
- Broadmoor District Club
- Colorado Springs Club
- East Colorado Springs Club
- Garden of the Gods Club
- Colorado Springs InterQuest Club
- North Colorado Springs Club
- Pikes Peak Club
- Rampart Range Club
Organizations Recently Funded by PPARE:
- Rotary Champions Foundation: Recognize outstanding student athlete from the Pikes Peak Region for community service.
- Court Care of Pikes Peak Region: Educational toys, food and equipment for child care program.
- Assistance League of Colorado Springs: Operation School Bell – clothing and school supplies.
- Pikes Peak Family Connections: Case management software for KPC Kids Place to allow staff more time to interact with family & children for their respite child care program.
- Kids on Bikes: School-based incentive program with bikes as the reward.
- Woodland Park Community Cupboard: funds to purchase refrigerator/freezer for food assistance program.
How you can make a difference:
- Invest in the future of the Pikes Peak Region by making an annual or quarterly contribution.
- Leave a Legacy – Remember PPARE in your will or estate plan or name PPARE as a beneficiary of your IRA or retirement plan.
- Submit a grant request to the PPARE for a Pikes Peak Area charitable project.
- Work with PPARE Trustees to obtain Rotary International Matching Grants for local charitable projects.
- Volunteer to be your club’s representative to the PPARE Board.