Oct 15, 2011 9:52 AM by Kate Richards
COLORADO SPRINGS, Colo. (AP) - The Gill Foundation is closing the Colorado Springs office of its Gay & Lesbian Fund for Colorado and laying off the nine employees there by the end of the year.
The Denver-based Gill Foundation, founded by Quark computer software program creator Tim Gill, operates the fund.
The Gazette reports the foundation can save $750,000 to $1 million a year by relocating the Gay & Lesbian Fund to its Denver offices.
The fund said Thursday it is embarking on a strategic re-evaluation of its giving.
Foundation President and CEO Tim Sweeney says the Gill Foundation will continue providing grant money for programs across the state and nation.