Western Opportunity Fund

Organization Overview

Western Opportunity Fund is located in Denver, CO. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Opportunity Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Western Opportunity Fund generated $5.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (44.8%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

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.


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.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Blennd Llc
$553,076
Mesa Properties
$300,101
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $5,000,000
Interest on Savings $0
Dividends & Interest $90
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $5,000,090

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Western Opportunity Fund has recieved totaling $5,000,000.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$5,000,000
View Grant Recipient Profile

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