Kayla Arnesen 720.898.5919
ARVADA, CO (December 10, 2014) – Colorado donors once again demonstrated unprecedented generosity by giving $26.2 million to 1,677 nonprofits in just 24 hours on Colorado Gives Day. This record-breaking amount surpasses last year’s $20.5 million total.
A record number of 107,862 donations are recorded, a jump from last year’s total of 88,571. Donations range from $10 to $300,000.
Colorado Gives Day is a movement designed to inspire and unite Coloradans in supporting local nonprofits through online giving. Presented by Community First Foundation and FirstBank, Colorado Gives Day is powered by ColoradoGives.org, a year-round, online giving website.
The first gift of the day was made to Cherry Creek Chorale at 12:00 a.m. on December 9. The last gift to Lucky Day Animal Rescue Colorado came in at 11:59 p.m. Community First Foundation continues its work to record donations and reconcile gifts. The final Colorado Gives Day numbers will be announced on ColoradoGives.org by the end of the month.
“We are thrilled with the great success of Colorado Gives Day and thank each and every donor who opened their hearts to give,” says Marla J. Williams, president and CEO of Community First Foundation. “This year confirms that Colorado Gives Day is more than just a day — it’s a movement to support the great work nonprofits do in our Colorado communities.”
For the fifth consecutive year, Community First Foundation and FirstBank have partnered to present Colorado Gives Day. Each year, giving has grown, from $8.4 million in 2010 to $20.5 million in 2013. In five years, the initiative has raised nearly $83 million dollars for Colorado nonprofits.
“Four years ago, we were hoping to raise a $1 million and now it’s almost unfathomable to think Colorado Gives Day has contributed nearly $83 million to Colorado nonprofits since the program’s inception,” says John Ikard, CEO of FirstBank Holding Company. “We couldn’t have done it without the generous support of Colorado residents and businesses everywhere and the countless nonprofits that campaigned relentlessly for donations.”
FirstBank donated $600,000 in total to this year’s program, which includes $100,000 in cash prizes and $500,000 that was matched by Community First Foundation to create a $1 Million Incentive Fund. The $1 Million Incentive Fund was created to motivate donors to give on Colorado Gives Day and is one of the largest giving-day incentive funds in the country. This fund proportionally increases the value of every dollar donated. For example, if a nonprofit organization received 10 percent of the total money made on Colorado Gives Day, that same nonprofit will receive 10 percent of the $1 Million Incentive Fund.
The FirstBank cash prizes added to the excitement of this year’s Colorado Gives Day. A recent online trivia contest awarded $10,000 to 10 nonprofits. Five nonprofits each received a $1,000 cash prize through a random drawing held at the Colorado Gives Day Rally at the Capitol on December 8, 2014. Prize winners are listed at ColoradoGives.org/cogivesday/prizes. Seventeen organizations will win a $5,000 cash prize through a post-Colorado Gives Day random drawing. To be eligible, first-time nonprofits must have received a minimum of 30 donations via ColoradoGives.org and returning nonprofits must have had an increase in dollars raised over last year’s Colorado Gives Day. Prize winners will be announced by the end of the month.
Colorado Gives Day would not be a success without the help of our media sponsors who generously donate space and air time to promote online giving. They include: