Denver Foundation

Organization Overview

Denver Foundation is located in Denver, CO. The organization was established in 1943. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Denver Foundation employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Denver Foundation generated $189.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $126.6m during the year ending 12/2020. While expenses have increased by 2.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Denver Foundation has awarded 9,920 individual grants totaling $627,089,901. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE PEOPLE AND MOBILIZE RESOURCES TO STRENGTHEN OUR COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONOR-ADVISED FUND GRANTS: THE DENVER FOUNDATION GAVE 3,850 GRANTS FROM DONOR-ADVISED FUNDS IN 2021, REPRESENTING APPROXIMATELY 70% OF THE GRANTS MADE BY THE DENVER FOUNDATION. THESE GRANTS SUPPORTED CHARITABLE ENDEAVORS IN NEARLY EVERY TYPE AND SIZE OF A NONPROFIT ORGANIZATION. THE MAJORITY OF THESE ORGANIZATIONS ARE LOCATED IN THE SEVEN-COUNTY METRO DENVER AREA; HOWEVER, THESE FUNDS CAN MAKE GRANTS TO ANY U.S.-BASED CHARITY.


COMMUNITY GRANTS: FUNDED BY GENEROUS GIFTS FROM DONORS THROUGHOUT THE 97-YEAR HISTORY OF THE FOUNDATION, COMMUNITY GRANTS SUPPORT NONPROFITS THAT HELP ACHIEVE THE FOUNDATION'S MISSION OF IMPROVING LIFE IN METRO DENVER. THROUGH THE COMMUNITY GRANTS PROGRAM, THE DENVER FOUNDATION INVESTS IN NONPROFIT ORGANIZATIONS AND COLLABORATIONS THAT ARE REDUCING DISPARITIES AND PROMOTING EQUITY IN THE COMMUNITIES, PRIORITIZING PEOPLE LIVING IN POVERTY, IMMIGRANTS AND REFUGEES, AND PEOPLE OF COLOR IN METRO DENVER. THROUGH THIS GRANTMAKING, WE SUPPORT NONPROFITS THAT SERVE THE SEVEN-COUNTY METRO DENVER AREA; ADVANCE OUR CORE VALUES OF CONSTITUENT ENGAGEMENT AND RACIAL EQUITY; AND ALIGN WITH OUR PRIORITY FUNDING AREAS OF CLIMATE AND ENVIRONMENT, ECONOMIC OPPORTUNITY, EDUCATION, HOUSING, AND TRANSPORTATION. TO BE ELIGIBLE FOR FUNDING, ORGANIZATIONS MUST HAVE A 501 (C)(3) TAX-EXEMPT STATUS, SERVE RESIDENTS IN ADAMS, ARAPAHOE, BOULDER, BROOMFIELD, DENVER, DOUGLAS, OR JEFFERSON COUNTIES, AND FULFILL THE GOALS OUTLINED IN THE PUBLISHED GRANT GUIDELINES AVAILABLE AT WWW.DENVERFOUNDATION.ORG.


THE DENVER FOUNDATION OPERATES 78 DIFFERENT SCHOLARSHIP PROGRAMS. IN 2021 THESE PROGRAMS AWARDED 1,210 SCHOLARSHIPS TO STUDENTS IN 86 SCHOOLS.


ADMINISTRATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE USE: THE DENVER FOUNDATION ADMINISTERS ENDOWMENTS FOR NUMEROUS NONPROFIT ORGANIZATIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Foundant Technologies
Software Services
$218,845
Avivar Capital
Impact Advising
$142,500
Latino Coalition Of Community Leadership
Consulting Services
$342,744
Nepcllc
Investment Consultant
$324,082
Plante Moran
Audit, Tax, And Consulting
$133,910
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$175,591,460
Investment income $8,639,745
Tax Exempt Bond Proceeds $0
Royalties $11,520
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,970,050
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $189,641,789

Grants Awarded

Over the last fiscal year, Denver Foundation has awarded $97,176,716 in support to 1,108 organizations.

Grant RecipientAmount

LIFESPAN LOCAL INC

Org PageRecipient Profile

Denver, CO

PURPOSE: GENERAL OPERATING SUPPORT, WHERE NEEDED MOST

$5,653,000

CHILDREN'S HOSPITAL COLORADO FOUNDATION

Org PageRecipient Profile

Aurora, CO

PURPOSE: GENERAL OPERATING SUPPORT

$4,264,962

UNIVERSITY OF COLORADO FOUNDATION

Org PageRecipient Profile

Denver, CO

PURPOSE: GENERAL OPERATING SUPPORT

$2,352,008

DENVER ART MUSEUM INC

Org PageRecipient Profile

Denver, CO

PURPOSE: THIS GRANT IS MADE IN ASSOCIATION WITH COLORADO GIVES DAY.

$2,071,298

AMALGAMATED CHARITABLE FOUNDATION INC

Org PageRecipient Profile

Washington, DC

PURPOSE: SEEKING TO IMPROVE PROCUREMENT POLICIES AND PRACTICES.

$2,000,000

Washington, DC

PURPOSE: F/B/O SKILLFUL, LLC TO PROVIDE SUPPORT TO EXPAND THE REACH OF SKILLFUL'S GOVERNOR'S COACHING CORPS

$2,000,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Denver Foundation has recieved totaling $60,000.

Awarding OrganizationAmount
Gates Family Foundation

Denver, CO

PURPOSE: PROJECT SUPPORT

$60,000
View Grant Recipient Profile

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