News

Fueling multigenerational impact for Black Coloradans through The Bert and Mary Carollo LEGPWR Scholarship Meet the Carollo Family Colorado natives Bert and Mary Carollo made a transformational gift to the Sachs Foundation by establishing The Bert and Mary Carollo LEGPWR Endowed Scholarship in October of 2023. Their legacy gift is an incredible testament to the Carollo Family’s…

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The Sachs Foundation expresses profound disappointment in the recent Supreme Court decision to discontinue the use of race as a consideration in college admissions. This ruling disregards the longstanding marginalization of Black students within higher education. By eliminating the ability of universities to consider race as a tool for achieving a diverse and representative student…

The Colorado-based Foundation Celebrates Black Student Achievements Over the Past Year; The Need to Help Black Americans Dismantle Systemic Barriers to Educational Equity Remains Acute COLORADO SPRINGS, Colo., June 13, 2023 /PRNewswire/ — The Sachs Foundation, an organization that has supported Black Coloradans since 1931, today announced it has awarded more than $1.5 million in scholarships to high-achieving Black students over…

“I want to be Valedictorian.” A powerful freshman set out to achieve this dream early in her high school career. While talking with her counselor, Angie Sumo manifested what she would accomplish four years later. Her counselor, an Elevated mentor, knew exactly what Angie needed to do to accomplish all her educational goals. Like many…

March 15th of each year marks the end of scholarship application season for the Sachs Foundation. After they close, we begin the process of putting together a diverse selection committee including top educational leaders in Colorado. This year’s committee consisted of individuals from the University of Northern Colorado, Colorado State University, University of Denver, Colorado…

A little over 92 years ago, the Sachs Foundation was established with the goal of providing educational opportunities for Black youth in Colorado. However, the more detailed version of our history paints an intriguing path that led to where we are today.   Originally from New York, Henry Sachs, a talented stockbroker with only a grade-school…

After the hustle and bustle of Thanksgiving is done, it’s important to remember what we are most thankful for. At Sachs, we are grateful for the opportunity to give back to our community, our staff who work relentlessly to expand educational opportunities for Black Coloradans, and the people we meet along the way like our…

By O’Dell Isaac, odell.isaac@gazette.com Many students of color in Colorado Springs and El Paso County are missing out on the chance to further… Read Full Article

If you visit our offices at the Philanthropy Collective in Colorado Springs, you will see the walls adorned with intricate artwork. Three years ago, the Sachs Foundation board, while looking for new offices, set aside funds to invest in art by local Black artists that celebrate the lived Black experience. Three stand-out pieces belong to…