Business Briefs and Kudos

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Business Briefs

Ent opens applications for 2019 YES Grant

Ent Credit Union has opened the application process for its 2019 Youth Endowment Series grant program. Local nonprofits in the Denver, Pikes Peak and Pueblo areas may apply for the YES grant, which supports the efforts of organizations benefiting youths in the community. Interested nonprofits can visit Ent.com/YESGrants for more information and to submit an application. Applications must be received by Friday, Feb. 15. Grant recipients will be announced in April. The YES grant program is part of Ent’s commitment to being a community-minded organization, serving both the financial and human needs of its communities. Since the program’s inception, Ent has awarded YES grants to more than 100 local community agencies.

Care and Share Food Bank announces promotions

Care and Share Food Bank for Southern Colorado announced several staff promotions and changes effective this month. Chris Bender has been named Care and Share Food Bank’s president; Zac Egeler has been named chief financial officer; Greg McClarin has been named chief logistics officer and Shannon Brice has been named chief alliance officer.

U.S. Olympic Committee announces
new board members

The United States Olympic Committee board of directors approved three new members during its most recent meeting in San Francisco. Joining the board effective Jan. 1 in place of outgoing members are Rich Bender, executive director of USA Wrestling; Brad Snyder, a retired U.S. Navy lieutenant and seven-time medalist in Paralympic swimming; and Beth Brooke-Marciniak, global vice chair of public policy for EY (formerly Ernst & Young).

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Carnegie promotes UCCS to research university in new classification

An expanding doctoral program and increases in research activity led to a promotion for UCCS in the new Carnegie Classification of Institutions of Higher Education. UCCS is now among doctoral universities with high research activity, commonly referred to as “R2” by Carnegie.

In the latest update to the national Carnegie Classification release since 2015, the organization recognized 259 “research one” and “research two” universities that graduated at least 20 doctoral students in each year with at least $5 million in research activity. The research activity index was used to determine the cutoff between R1 institutions with “very high research activity” and R2 schools with “high research activity.” UCCS has met the minimum in research funding for the last 15 years, but growth in doctoral programs with a research focus led to the new classification. In the last five years, an average of 22.6 students earned Ph.D. degrees, compared to an average of 9.6 students in the previous five years.

The new classification makes UCCS one of six R1 and R2 institutions in the state, along with Colorado School of Mines (R2), University of Denver (R2), CU Boulder (R1), CU Denver and Anschutz Medical Campus (R1), and Colorado State University – Fort Collins (R1). UCCS is the only research-level institution in southern Colorado in the Carnegie Classification.

Brandon, Jenn Kolk introduce Brightway Insurance

Husband-and-wife team Brandon and Jenn Kolk opened Brightway, The Kolk Agency in Colorado Springs this week. The Kolks come to Brightway with 30 years’ combined insurance industry experience. The firm is located at 12229 Voyager Pkwy., Suite 100. Visit brightway.com/agencies/CO/ColoradoSprings/0261 for more information.

Ian Ratz, Nicole Magic Soto named to World Arena board of directors

Ian Ratz, sports management assistant director at UCCS, and Nicole Magic Soto, vice president and assistant corporate secretary of El Pomar Foundation, have joined the 18-member board of directors for The Broadmoor World Arena. Chairman Peter Susemihl and President Dave Palenchar lead the group that directs the activities of Colorado Springs’ premier sports and entertainment facility. “We are honored to welcome Ian and Nicole to the board and look forward to their sound input and fresh, creative ideas that will help The Broadmoor World Arena continue to serve the community with first-rate entertainment,” said Dot Lischick, World Arena general manager.

The Broadmoor extends naming rights at The Broadmoor World Arena

The naming rights partner of The Broadmoor World Arena, The Broadmoor, expanded its partnership with the Colorado Springs’ facility, lending its name to the arena’s top level suite, which was formerly the Wigand Room and most recently the Double Eagle Casino Lounge. The Broadmoor Suite is located on the west side of the arena.  The suite holds 96 fixed seats that overlook the arena floor with the space to expand to 108 seats. It also offers general admission booth seating adjacent to its bar, ultimately accommodating approximately 175 individuals. When not in use by The Broadmoor, The Broadmoor Suite will be available to the general public via special event ticket packages and to groups for private parties, meetings and other business functions. Contact Jon Taylor at Jon.Taylor@BroadmoorWorldArena.com for more information.

 

Kudos

Philanthroparty raises $51,000 for Children’s Hospital

Dunn Perrault & Associates of Northwestern Mutual raised more than $50,000 for Children’s Hospital Colorado, Colorado Springs in December. Dunn Perrault, a local financial services team, hosts an annual event for clients and friends each December, dubbed Philanthroparty, which has raised $212,000 in the past three years for local nonprofits. All funds raised from this year’s Philanthroparty will benefit the Children’s Hospital Colorado initiative in pediatric mental health and suicide prevention, helping support the investment made by former Colorado Attorney General Cynthia H. Coffman through the Partners for Children’s Mental Health Challenge Grant. The grant provides $2.8 million to help launch the pediatric mental health initiative, which will increase access to mental health services and support for young people across Colorado.

Pikes Peak Library District earns top government finance honor

For the 27th year in a row, Pikes Peak Library District is being recognized for excellent financial transparency. The Government Finance Officers Association awarded Pikes Peak Library District the Certificate of Achievement for Excellence in Financial Reporting last month, the association’s highest award.

Each year, the association judges government organizations through an impartial panel. According to the association’s website, the program was designed to motivate government agencies to “go beyond the minimum requirements of generally accepted accounting principles,” with the goal of encouraging financial transparency by those agencies.

“Earning this award illustrates an organization’s commitment to good stewardship of public dollars,” a PPLD news release said.