Health Care & Insurance  June 9, 2016

NextFifty Initiative seeks CEO, 4 more board members

A new Colorado-based grant-making foundation dedicated to funding initiatives that improve community services for the state’s elderly population and their caregivers is looking for its first chief executive and four additional qualified board members.

The nonprofit NextFifty Initiative, formerly known as the InnovAge Foundation, intends to begin making grants sometime in 2017. It was formed last month as part of a transaction that converted Denver-based InnovAge to a for-profit entity and is the recipient of net proceeds of $196 million from the sale. A majority stake in InnovAge, a senior-care company with a facility in Loveland and that provides home-care services in Estes Park, was acquired by New York-based private equity firm Welsh, Carson, Anderson & Stowe.

That conversion was approved March 25 by Colorado Attorney General Cynthia Coffman. As part of the conversion, former InnovAge and InnovAge Foundation board members transitioned to the NextFifty Initiative board.

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As specified by Coffman, the four people NextFifty Initiative is looking for include someone to represent the community at large; someone who is involved or represents the “frail elderly community,” defined as individuals 55 or older; someone who is involved or represents frail elderly people with disabilities; and someone who is enrolled in the Program of All-Inclusive Care for the Elderly (PACE), or who had an immediate family member in the program within the past two years.

Community members who meet these requirements and are interested in applying to serve on the board may visit the “Join Us” tab at next50initiative.org for more information. Current board members will begin reviewing board applications on June 27 and will continue until all positions are filled.

“NextFifty Initiative has the funds and capability to make a real difference for older adults in Colorado, and it’s an honor to be part of this newly formed organization,” said Marco Chayet, board chair of the NextFifty Initiative Board of Directors. “I would encourage anyone who is passionate about our mission to promote independence and dignity for the aging population to apply for a position on our Board or as the first president and CEO of the foundation.”

Already serving on the NextFifty Initiative board are Chayet, an elder law attorney and managing partner of Chayet & Danzo, LLC and ColoradoElderLaw.com in Denver; Parrish Boren, president of Marx|Okubo Associates, Inc. in Denver; Joie Glenn, executive director of New Mexico Association for Home and Hospice Care in Albuquerque; Maureen Hanrahan, a health care consultant in Denver; Jill Higham, director of development at Colorado State University’s College of Agricultural Sciences in Fort Collins; Greg Ibsen, CEO of Summit Service Group, Inc. in Lakewood; Randy McCall, vice president and corporate responsibility officer for the Rocky Mountain region of KeyBank in Denver; and Tim Owen, director of commercial operations performance at Biodesix in Boulder.

Dallas Heltzell
With BizWest since 2012 and in Colorado since 1979, Dallas worked at the Longmont Times-Call, Colorado Springs Gazette, Denver Post and Public News Service. A Missouri native and Mizzou School of Journalism grad, Dallas started as a sports writer and outdoor columnist at the St. Charles (Mo.) Banner-News, then went to the St. Louis Post-Dispatch before fleeing the heat and humidity for the Rockies. He especially loves covering our mountain communities.
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