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Fine Arts Center Foundation


The Fine Arts Center Foundation was established in January 1996 as an independent entity, for the purpose of managing the Fine Arts Center’s endowment. With an original investment of $9.88 million, it was established to ensure that the endowment – originally created with an initial investment by Alice Bemis Taylor of $600,000 – was managed and administered with an independence that would safeguard its long-term well-being.

Originally founded by Marvin Strait while serving on the FAC Board of Trustees, the Foundation has been managed thoughtfully, carefully, and independently since its inception by Thayer Tutt and Marv Strait, along with Gary Loo and Gar Anneler for many of those two+ decades as well.

Since its inception in 1996, the Foundation has paid out $17.39 million to the FAC (through March 2017).


Now, with the Fine Arts Center joining the operations of Colorado College, the FAC Foundation will carry on as an independent entity, for the purpose of maintaining certain assets – namely the corpus and additions to the endowment it has long managed – for the long-term benefit of the Fine Arts Center.

New gifts made to the FAC Foundation will continue to grow this endowment and benefit the programming and operations of the Fine Arts Center for years to come.


To make a contribution to the FAC Foundation, please contact President R. Thayer Tutt, Jr. at or call (719) 633-7733.

FAC Foundation
10 Lake Circle
Colorado Springs, CO  80906

FAC Foundation Board of Trustees

R. Thayer Tutt, Jr.
President and Chief Investment Officer, El Pomar Foundation

Ron Brasch
Mergers & Acquisitions Specialist, The FBB Group, Ltd.

Nechie Hall
Vladimir Jones

Cathy Holaday
The Broadmoor Galleries

Jay Kloster
CPA/Partner, Erickson Brown and Kloster, PC

David Kunstle
Partner, Lewis, Roca, Rothgerber, L.L.P.

Kathy Loo
High Valley Group, Inc.

Trent Stafford
Market President, Kirkpatrick Bank

Marvin Strait


The Fine Arts Center was proud to recognize the FAC Foundation as the 2017 Gala Grand Honoree, and is profoundly grateful to the Foundation for its long-standing care and leadership over this important asset, as well as its continuing commitment to the endowment’s health and growth.

FAC Foundation Video