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1925 |
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We inspire people and mobilize resources to strengthen our community. |
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The Denver Foundation is a community foundation. Community foundations are endowments - a permanent pool of money contributed by numerous local donors to benefit charitable causes. |
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The Denver Foundation has two primary functions. First, it invests funds received from donors and distributes those investment earnings to nonprofit organizations through grants to nonprofits. Second, it manages and administers funds for individuals, families, businesses, and other organizations that have specific charitable objectives. |
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The Denver Foundation received more than $71 million in 2007 from hundreds of individual donors who want to improve life here in Denver. Donors established 109 new funds at the Foundation and contributed to both new and existing funds making 2007 the second-best year for fundraising in our history. Some of the contributions were gifts to create donor advised funds – personalized giving tools for individuals, families, and businesses. |
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The Denver Foundation granted $65 million to nonprofit organizations in 2007. |
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Arts & Culture, Civic & Education, Health, and Human Services. |
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Strengthening Neighborhoods, Social Venture Partners Denver, The Inclusiveness Project, and The Colorado Nonprofit Loan Fund. |
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40 |
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More than 100 |
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From fiscal year ending December 31, 2007:
- Over $560 million in total assets
- 1.2% expense/asset ratio - (administrative expenses as a percentage of total assets)
- $71 million in donor contributions in 2007
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