Cobalt Foundation

The Cobalt Foundation (formerly the NARAL Pro-Choice Colorado Foundation) is a left-of-center advocacy group that promotes expanded access to abortion in Colorado. The group engages in policy advocacy at the state level, operates the Cobalt Abortion Fund that provides financial assistance for abortions and related travel costs, and supports community organizing efforts aligned with left-of-center abortion-access goals. The foundation is the sister organization of Cobalt Advocates (formerly NARAL Pro-Choice Colorado) and was previously the known as “NARAL Pro-Choice Colorado Foundation,” before the Colorado chapter split from NARAL Pro-Choice America (now Reproductive Freedom for All) in 2020. The Cobalt Foundation has received funding from left-of-center funders, including the David and Lucile Packard Foundation, the Katz Amsterdam Foundation, and the Susan Thompson Buffett Foundation. 1 2 3 4 5 6

At-A-Glance

Ideological Alignment: Left of Center
Issue Areas: Abortion Policy
President:

Karen Middleton

Location: Denver, CO View on map
Tax ID: 84-6050191
Most Recent Filing: 2024
Budget (2024): Assets: $22,861,617 Revenue: $8,440,639 Expenses: $8,765,805

Contents

    Background

    Cobalt Foundation was established in 1967 alongside the “Colorado Association for the Study of Abortion” and was later known as the “NARAL Pro-Choice Colorado Foundation.” The group evolved into a statewide operation, initially affiliated with NARAL Pro-Choice America, before becoming independent in 2020. Cobalt Advocates operates as a 501(c)(4) advocacy and lobbying organization, while the Cobalt Foundation operates as a 501(c)(3) educational entity focused on education and grantmaking. 7 8

    The group announced its split from NARAL Pro-Choice America in 2020, stating that it wanted to “solidify the state as a stronghold for abortion rights while many other Middle America states are enacting restrictions.” The group rebranded as “Cobalt” after the silvery-blue metallic element. Kate Middleton, president of the group, stated regarding the name, “It’s fundamental. It’s powerful. It says we are here and we are not going anywhere.” 8

    In response to the 2022 U.S. Supreme Court decision overturning the purported national right to abortion under Roe v. Wade, Cobalt Advocates and the Cobalt Foundation intensified efforts to position Colorado as a destination for abortion-seekers from restrictive states, particularly through the Cobalt Foundation’s operation of the Cobalt Abortion Fund. 9

    Among the most prominent projects of Cobalt is the Cobalt Abortion Fund, which is operated by the Cobalt Foundation and provides direct aid to those seeking abortions. 10

    Activities

    Cobalt Foundation has advocated state-level policies to expand abortion access, including direct lobbying through Cobalt Advocates to defeat proposed restrictions and promote public funding of abortion procedures. 11 12

    Cobalt Abortion Fund

    The Cobalt Abortion Fund, a program of the Cobalt Foundation, was established in 1984 and was previously known as “the Freedom Fund.” The fund was established by the First Universalist Church of Denver in 1984, the same year a Colorado ballot initiative ended Medicaid funding for abortions in the state, and was taken over by the NARAL Pro-Choice Colorado Foundation in December 2017. The fund provides direct financial assistance for abortion procedures and support costs such as travel, lodging, food, and child care. In 2023, the fund spent $1.25 million assisting over 2,900 individuals seeking abortions, with expenditures projected to reach $2.5 million in 2024 due to increased demand from out-of-state abortion-seekers. The fund implemented a monthly spending cap in July 2024 amid funding shortfalls. The group states that it partners with clinics in Colorado, New Mexico, and Wyoming, reimbursing providers on a sliding scale and covering costs regardless of gestational age or demographic factors. 13 9

    Funding

    The Cobalt Foundation has received grants from left-of-center foundations. In 2022, the Katz Amsterdam Foundation provided $125,000 to the foundation for the Cobalt Abortion Fund to “support access to reproductive health care for women across the country.” The David and Lucile Packard Foundation awarded $500,000 in 2024 as part of its reproductive health funding initiatives. Other funders include the Eliza Buyers and David Pinkert Foundation, the Karen and Todd Blue Family Foundation, and the Susan Thompson Buffett Foundation.  4 14 15

    Labor Dispute

    In February 2025, Cobalt Foundation faced allegations of union-busting after terminating two unionized workers from the Cobalt Abortion Fund and reassigning a third. The terminations were attributed to a strategic shift from organizing to policy work, but union members claimed retaliation following the formation of the Cobalt Workers United in June 2024. Workers initiated a strike, demanding the workers’ reinstatement, and one staffer resigned in protest. The organization denied the allegations but settled with the union later that year. 16 17

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $22,861,617 $8,440,639 $8,765,805 View
    2023 $18,709,029 $3,755,988 $4,989,157 View
    2022 $19,440,839 $3,685,421 $2,537,967 View
    2021 $20,599,118 $21,451,677 $1,428,043 View
    2020 $556,405 $2,028,937 $1,821,269 View

    Prior year filings: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 29

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Karen MiddletonPRESIDENT$163,605

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $11,105,609
    • Number of Grants: 94
    • Number of Funders: 50

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $3,104,2622024 The Susan Thompson Buffett FoundationGENERAL OPERATING SUPPORT
    $1,275,8832024 The Denver FoundationREPRODUCTIVE RIGHTS
    $713,0002023 The Denver FoundationREPRODUCTIVE RIGHTS
    $500,0002024 The David and Lucile Packard Foundationfor general support
    $351,2262024 The Susan Thompson Buffett FoundationGENERAL OPERATING SUPPORT
    $350,3782023 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $350,0002024 New Era Colorado FoundationEngagement & awareness young adults
    $301,5652024 The Susan Thompson Buffett FoundationPROGRAM SUPPORT
    $301,3612023 The Susan Thompson Buffett FoundationGENERAL OPERATING SUPPORT
    $299,4632023 The Susan Thompson Buffett FoundationPROGRAM SUPPORT
    $200,0002023 Merle Chambers FundGENERAL SUPPORT (MULTI-YEAR)
    $200,0002020 Avenir Foundation IncGeneral Operating Funds
    $165,6492024 Donor Advised Charitable Giving, Inc.PUBLIC, SOCIETAL BENEFIT
    $139,6502023 Rose Community FoundationGeneral operating support, Cobalt Abortion Fund
    $131,3182024 Colorado Gives FoundationGENERAL PURPOSE
    $125,0002024 A Alfred Taubman FoundationGENERAL FUND
    $125,0002023 Center for Reproductive RightsTO SUPPORT WORK OF BALLOT COMMITTEE SUPPORTING CONSTITUTIONAL AMENDMENT
    $121,0362023 Colorado Gives FoundationGENERAL PURPOSE
    $115,5002024 Vanguard CharitableFOR RECIPIENT'S EXEMPT PURPOSE
    $102,6002024 The Colorado Health FoundationGENERAL OPERATING SUPPORT; GENERAL DONATION TO SUPPORT ORGANIZATION OR PROGRAM; MATCHING CONTRIBUTION TO SUPPORT THE ORGANIZATION AND/OR SPECIFIC PROGRAMS AS IDENTIFIED BY THE EMPLOYEE OR BOARD MEMBER
    $102,0002023 The Colorado Health FoundationCHAMPION HEALTH EQUITY; MATCHING CONTRIBUTION TO SUPPORT THE ORGANIZATION AND/OR SPECIFIC PROGRAMS AS IDENTIFIED BY THE EMPLOYEE OR BOARD MEMBER
    $100,0002024 Merle Chambers FundGENERAL SUPPORT
    $100,0002024 Merle Chambers FundGENERAL SUPPORT (MULTI-YEAR)
    $100,0002023 Merle Chambers FundGENERAL SUPPORT (MULTI-YEAR)
    $100,0002020 Rockefeller Philanthropy Advisors, Inc.GENERAL

    References

    1. “Cobalt Advocates.” Cobalt Advocates. Accessed January 16, 2026. https://cobaltadvocates.org/.
    2. “Cobalt Foundation.” ProPublica Nonprofit Explorer. Accessed January 16, 2026. https://projects.propublica.org/nonprofits/organizations/846050191.
    3. “Cobalt Advocates.” Cobalt Advocates. Accessed January 16, 2026. https://cobaltadvocates.org/our-work/
    4. “Cobalt Foundation.” David and Lucile Packard Foundation. Accessed January 16, 2026. https://www.packard.org/grantee/cobalt-foundation.
    5. “Cobalt Abortion Fund (CO).” Katz Amsterdam Foundation. Accessed January 16, 2026. https://katzamsterdam.org/our-grants/cobalt-foundation-cobalt-abortion-fund-co.
    6. “Cobalt Foundation.” ProPublica Nonprofit Explorer. Accessed January 20, 2026. https://projects.propublica.org/nonprofits/organizations/846050191.
    7. “About.” Cobalt Advocates. Accessed January 16, 2026. https://cobaltadvocates.org/our-work/about.
    8. Brown, Jennifer. “Colorado’s largest abortion rights group splits from national organization to refocus on state-level battles.” The Colorado Sun. January 22, 2020. Accessed January 20, 2026. https://coloradosun.com/2020/01/22/naral-colorado-splits-changes-name-to-cobalt/
    9. Toomer, Lindsay. “Colorado abortion funds struggle to cope with increased demand, donation shortfalls.” Colorado Newsline. August 23, 2024. Accessed January 20, 2026. https://coloradonewsline.com/2024/08/23/colorado-abortion-funds-struggle-to-cope-with-increased-demand-donation-shortfalls/
    10. “Cobalt Abortion Fund.” Cobalt Abortion Fund. https://cobaltaf.org/
    11. “Advocacy and Legislation.” Cobalt Advocates. Accessed January 16, 2026. https://cobaltadvocates.org/legislation.
    12. “Cobalt Advocates.” Colorado Gives. Accessed January 20, 2026. https://www.coloradogives.org/organization/CobaltAdvocates
    13. “Cobalt Abortion Fund.” National Network of Abortion Funds. Accessed January 20, 2026. https://abortionfunds.org/fund/cobalt-abortion-fund/.
    14. “Cobalt Foundation – Cobalt Abortion Fund (CO).” Katz Amsterdam Foundation. Accessed January 20, 2026. https://katzamsterdam.org/our-grants/cobalt-foundation-cobalt-abortion-fund-co/.
    15. “Cobalt Foundation” Nonprofit Explorer Full Text Filing Search. Accessed January 20, 2026. https://projects.propublica.org/nonprofits/full_text_search?form%5B%5D=IRS990PF&page=3&q=%22cobalt+foundation%22&sort=best&submit=Apply
    16. Froio, Nicole. “Cobalt Abortion Fund Fires Two Workers, Reassigns Third to New Role.” Prism. February 27, 2025. Accessed January 20, 2026. https://prismreports.org/2025/02/27/cobalt-abortion-fund-strike-workers/.
    17. “Unionized Workers at Cobalt, Colorado’s Largest Abortion Fund, Ratify First Contract.” NewsGuild. December 11, 2025. Accessed January 20, 2026. https://newsguild.org/unionized-workers-at-cobalt-colorados-largest-abortion-fund-ratify-first-contract/.