Now and Forever Fund - Cinco Amigos Fund
Five gentlemen who share an interest in automobiles pooled their money to establish the Cinco Amigos Now and Forever Fund.
In September of each year, the group holds their annual fundraiser called Concours du Soleil. The proceeds from the event are divided in half. One half is invested in their fund which will continue to grow and award grants each year. The other half is granted out immediately to benefit the community today.
Because it is a donor-advised fund, the five ‘Amigos’ choose the nonprofit organizations to which they wish their dollars to go.
2016 Fundraising focus will be announced in June
2015 Fundraising focus: Teen Entrepreneurship
March 22, 2016
This year's event netted $207,000. Being that Concours du Soleil is one of the Foundation's Now and Forever Funds, a portion of the proceeds were added to the Cinco Amigo Fund of the Foundation. Grants were awarded to the following nonprofit organizations:
- Teen Start-Up Weekend sponsored by Bosque School at the Epicenter @ InnovateABQ
- Junior Achievement
- CNM for the STEMulus Center and Entrepreneurial Mindset Training
- Microsoft DigiCamps
- The Epicenter @ InnovateABQ
- UNM Formula SAE Program - Lobo Motorsports
- UNM Foundation for Law School Scholarships
- Future Fund of Albuquerque Community Foundation
Driving to the Future Update
April 1, 2015
Last September, during the Foundation’s annual fundraising event Concours du Soleil, over $207,000 was raised - the most in the event’s history. Of that amount, $113,000 was reserved for the “Driving to the Future” technology laboratory/classroom.
Thanks to a collaborative partnership between the Cinco Amigos (organizers of Concours du Soleil), the Mayor’s office, Nusenda Credit Union, and UNM, the “Driving to the Future” technology lab is under construction in the “Epicenter” - the center focusing on workforce development, entrepreneurship and economic development. The Epicenter is located in the old Noon Day Ministries building in downtown Albuquerque, in the Innovation District.
The interior build-out of the Epicenter was completed in mid-April, just in time for the first technology camp of the year offered by Microsoft for underserved Albuquerque middle-school students.
"Driving to the Future" Sponsors are:
The Cinco Amigos - Jerry Roehl, Steve Maestas, Kevin Yearout, Jason Harrington & Mark Gorham
Jack Vigil – Harmonix Technologies Inc.
Shalini & Abinash Achrekar
John & Heather Badal
Bill & Sharon Bice
Wallace J. Bow
Pamela & Oliver Brooks
Robin Brule & Lonnie Talbert
Joshua & Jessica Carothers
Greg & Barbara Ellena
First National Rio Grande
Colby & Ashley Geer
Laura & Bob Gustin
Irwin & Debbie Harms
Mickey & Ann Hollingshead
|Bill & Elizabeth Lang|
Mr. & Ms. Armand Losinski
Bruce Malott & Marla Wood
Mr. & Mrs. Stan Mason
Roberto Ortega & Dr. Loretta Ortega de Cordova
Mr. & Mrs. Larry Rainosek
María Griego-Raby & Randy Royster
Ken & Anne Sapon
Mr. & Mrs. Chester F. Stewart
Steve & Bridget Taylor
Peter & Alicia Touche
U.S. Eagle Federal Credit Union
Value Add Southwest Inc.
Michael & Stacey Walker
Todd & Felicia White
2014 Concours du Soleil Nets $207,000 for Community Grants
November 7, 2014
Albuquerque Community Foundation announces its annual fundraiser, Concours du Soleil earned $207,000, an increase of 65% over the 2013 event. Organizers credit the increase to a crowdfunding project entitled “Driving to the Future”.
The goal for “Driving to the Future” was to provide funding for a permanent technology lab in the Innovation District of downtown Albuquerque. $113,000 was raised during the Concours du Soleil event for the purchase of desks/workcenters and seating for 50 students per class. A generous in-kind donation made by Jack Vigil of Harmonix Technologies will fund the elaborate internet system. The City of Albuquerque will provide the space.
The full list of beneficiaries are:
Microsoft YouthSpark is a global initiative that aims to create opportunities for 300 million youth in more than 100 countries by 2015. This company wide initiative includes more than 30 programs that empower youth to imagine and realize their full potential by connecting them with greater opportunities for education, employment and entrepreneurship. Learn more at www.youthsparkhub.com
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