Colorado Gives Day was created to increase philanthropy in Colorado through online giving. The inaugural Colorado Gives Day in 2010 generated more than $8.4 million for 529 local charities.
Last year, $12.4 million was donated to 928 nonprofits, a 160 percent increase in donations.
This year, more than 1,000 nonprofits –including dozens in Colorado Springs — are participating in Colorado Gives Day 2012.
Colorado Gives Day is presented by FirstBank and Community First Foundation, an Arvada-based foundation that has made it easy to donate to hundreds of charitable organizations across the state, including El Paso County-based organizations.
The El Pomar Foundation and the Denver-based Boettcher Foundation are providing $150,000 grant to Community First Foundation to make it easier for nonprofits outside of Denver to use GivingFirst.org and accept donations online. Colorado Gives Day prizes exclusive to non-Metro Denver area nonprofits are included in the grant.
Similar to previous years, local sponsors have joined Community First Foundation and FirstBank to help ensure processing fees are covered, so 100 percent of every donation goes to participating nonprofits.
FirstBank is kicking off the campaign with $600,000, which includes $300,000 for the FirstBank Incentive Fund, which will be proportionally allocated across all donations received.
FirstBank is sponsoring Trivia Prizes — 10 $1,000 prizes, awarded to participants who answer Colorado Gives Day-related trivia questions on FirstBank’s Facebook and Twitter pages. Each trivia winner will receive $1,000 from FirstBank to go to the Colorado Gives Day charity of their choice on GivingFirst.org. Trivia will take place Monday, Nov. 26 through Friday, Nov. 30 and will feature two trivia questions per day. Prizes will be distributed by Dec. 21, 2012.
FirstBank is sponsoring four $10,000 Luck-of-the-Draw Prizes. Winners will be determined by splitting nonprofits into four groups with a drawing to select one winner per group. Winners will be announced in January when donations for Colorado Gives Day have been reconciled.
Donations will be accepted through Community First Foundation’s online giving resource GivingFirst.org.