Philanthropy – Time, Treasure and Talent

By: Wendy Dominguez, President, Principal, and Co-Founder

A focus on giving back is woven deep within the fabric of the Innovest culture. It is not only what we are charged to do as a people of God, but we believe it provides the foundation of strong corporate culture as well. In a way, giving back is a self-fulfilling prophecy…because of our culture of giving back, we attract people who are truly stewards and individuals that are more concerned for the welfare of others over themselves. This in turn creates a like-minded team of people and therefore a culture of stewardship, and so it continues. Time, treasure, and talent are often the key words in defining giving back and areas of Innovest’s focus.

Time

Giving back takes time. We make it a priority at Innovest by allowing paid time off for our team members to serve the community. In 2021, our team volunteered more than 1300 hours in the community, an average of 24 hours per employee. We sponsored 12 community service days where our employees painted houses, prepared and distributed meals, planted flowers, and collected school supplies, coats, and clothes. We adopted several families for Christmas, and every single Innovest employee participated. 

Treasure

In 2021, we were proudly ranked as the 23rd-largest Denver Area Corporate Philanthropist according to the Denver Business Journal. We were recognized among the best and brightest companies in Denver -  many of whom are our clients. Most interesting to us, as we scanned the rankings, is that we were one of the smallest firms to make the list. The bank that ranked first on the list is 34,500 times our size, relative to net income, but only donated 190 times more investment in the community. 

Talent

Many Innovest professionals share their talents with the community by serving on boards and investment committees. This time represents some of the largest commitments we make, but also has great rewards. Collectively, our team serves on 12 boards, helping in areas of governance, retirement plans, development, fundraising, connections, portfolio design, and spending policies, to name just a few areas.

We are extremely proud of serving our community and our strong stewardship culture that has been created because of it.