CLA Foundation Surpasses Its Annual Goal on Giving Day
CLA (CliftonLarsonAllen) made history on June 18, 2019, working together to raise more than $1 million to support the CLA Foundation’s annual Giving Day campaign — a 66 percent increase over 2018. The significant increase demonstrates the strong support for our local communities.
“It is amazing what we have been able to accomplish in such a short amount of time,” says Jan Kruchoski, board chair of the CLA Foundation. “Our goal from day one was to raise $1 million a year, so we are excited to have not only reached, but surpassed, this milestone.”
The CLA Foundation started in 2015, and has provided nearly $2.5 million through 150 grants to organizations across the country that align with the CLA Foundation’s mission of “creating career opportunities through education, employment, and entrepreneurship.”
A unique model for giving and sustained growth
The CLA Foundation’s model is distinct in that every dollar raised comes from CLA. With overhead costs of less than 4 percent — 96 percent of what is raised internally is granted out to organizations in our communities that align with the CLA Foundation’s mission.
The CLA Foundation has grown significantly in four years. In 2019, it added a full-time dedicated employee. In addition, increased communications, the momentum and energy from the internal leadership, all worked together to create the traction that allowed the CLA Foundation to attain its goal.
Supporting more organizations
The increased fundraising will allow the CLA Foundation to connect with more organizations in 2019. “CLA is about creating opportunities, and we are ready to support our communities in a bigger way this year,” says Denny Schleper, CEO of CLA. “The CLA family worked together to make this happen.”
The CLA Foundation’s summer grant recipients will be announced in August. The success of the Giving Day campaign ensures this will be the CLA Foundation’s largest granting cycle to date.
CLA exists to create opportunities for our clients, our people, and our communities through industry-focused wealth advisory, outsourcing, audit, tax, and consulting services. With more than 6,100 people, 120 U.S. locations and a global affiliation, we promise to know you and help you. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.