El Pomar Foundation is a Colorado nonprofit organization (nonprofits) established in 1937 by Spencer and Julie Penrose. Assets reported on the 2010 Form 990-PF were $471,530,109.00. The foundation awards grants totaling around $20 million annually ($18,778,434; 2010 Form 990-PF) to nonprofits that provide basic services such as food, clothing, and shelter to people in need. In 2010 El Pomar reached a milestone with the 10,000th grant distributed. The recipient was the Colorado Springs Fine Arts Center, which was co-founded by Julie, and was the first grant recipient of $2000.00 from the El Pomar Foundation in 1938. - Source: Wikipedia
