ASSET IMPROVEMENT IN PARTNERSHIP WITH THE DENVER FOUNDATION
Alliance Center – $6,000,000 Savings
In 2012, Dr. Stephanie Gripne agreed to an interim role to lead the Alliance Center renovation from design to construction and develop the strategy for The Eye on the Future Fund, a donoradvised fund of The Denver Foundation, made a $7.5 million below-market program investment to Alliance for Sustainable Colorado. The Alliance used the loan to embark on a LEED platinum renovation of the Alliance Center, a 100-year old, multi-tenant nonprofit building in lower downtown Denver. Dr. Stephanie Gripne of the Impact Finance Center worked closely with the Eye on the Future Fund to develop the investment and negotiate the partnership with The Denver Foundation. The Eye on the Future Fund implemented the transaction directly between the Alliance for Sustainable Colorado and The Denver Foundation. (www.sustainablecolorado.org)