regional spotlight: denver metro area philanthropic...

Regional Spotlight: Denver Metro Area

Philanthropic Landscape

2016

Founded

in 1947

Provides

comprehensive

fundraising

services

275

permanent,

professional

staff

Offices in San Francisco, Los Angeles,

Chicago, Boston, Baltimore,

Washington, New York, and London

$15B in

campaign goals

under direct

management

Has advised 40%

of America’s Top

100 Performing

Charities

ABOUT CCS FUNDRAISING

CCS Fundraising designs and implements successful, transformative, development

initiatives for leading nonprofits across all sectors and throughout the world.

DENVER PHILANTHROPIC LANDSCAPE 1

OVERVIEW The Denver Metro Area Philanthropic Landscape is intended to provide an overview of the nonprofit sector

and philanthropy within the Denver area. It synthesizes key findings from top local and national research

institutions and publications.

CONTENTS

National Snapshot 2

Regional Snapshot 3

Overview of the Denver Nonprofit Sector 4

Foundation Giving and Potential 5

Select $1M+ gifts from Denver area foundations to nonprofits 6

Select $1M+ gifts to Denver area nonprofits from foundations 7

Corporate Giving and Potential 8

Select $1M+ gifts from Denver area corporations to nonprofits 9

Select $1M+ gifts to Denver area nonprofits from corporations 10

Individual Giving and Potential 11

Select $1M+ gifts from Denver area individuals to nonprofits 12

Select $1M+ gifts to Denver area nonprofits from individuals 13

Regional Transformational Giving 14

DENVER-AURORA-LAKEWOOD METROPOLITAN STATISTICAL AREA

This report defines the Denver Metropolitan Area as inclusive of the following

counties, using data from the 2010 census:

Adams, Arapahoe, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin,

Jefferson, Park

2017 CCS Sources: US Census


NATIONAL SNAPSHOT

2017 CCS Sources: Giving USA 2017

• Americans gave more than $390.05 billion in 2016, making it the most generous year on record

• From 2015 to 2016, total giving increased by 2.7% in current dollars and 1.4% when adjusted for inflation

• Since 1976, the average annual adjusted growth has been 2.9%

• Individuals continue to be the single largest source

of charitable donations

• 48.7% of foundation giving came from family

foundations, representing 7.3% of total charitable

giving

• When individual gifts are combined with bequests

and family foundation giving, individuals

contributed 87.3% of all philanthropic dollars in

2016

Charitable Giving by Source

• Religion remains Americans’ top philanthropic

priority

• Environment saw the largest gain from 2015 to

2016—7.6% in current dollars and 5.8% when

adjusted for inflation

Charitable Giving Recipients


REGIONAL SNAPSHOT

2017 CCS Sources: US Census, Forbes, Denver Post, Denver Business Journal, Metro Denver Economic Development Corporation

• Population of 2.8 million

• Denver County is the most populous, closely

followed by Arapahoe County

• 1.07 million households

• 19th most populous metropolitan statistical area by

population in the United States, largest in Colorado

• Median household income of $65,572

• 10 billionaires, 113,000+ millionaires (statewide)

• The city with the highest average household net worth

in the Denver area is Idledale in Jefferson County at

$2.6M

• 1,165 charitable foundations are based in the Denver

area, with $13.5 billion in assets

DENVER METRO AREA PROFILE

DENVER’S WEALTHIEST CITIES

Energy

WHAT INDUSTRIES DRIVE THE DENVER AREA ECONOMY?

Beverage Production

Aerospace

• Colorado is the nation’s 2nd largest

aerospace economy, with 79% of its

employees in the Denver area

• Rocket scientists’ wages rank among

Denver’s highest —$133,840/yr

• 52,000+ people work in either

fossil fuel or cleantech

• Wages are high in both sectors,

with an average of $95,785/yr

• Beverage production had the

highest job growth of all CO

industries from 2011-2016 at 28.1%

• Healthcare & wellness are the largest

employers in the Denver area—9.6%

of residents work in these fields

Healthcare & Wellness


2017 CCS Sources: National Center for Charitable Statistics, Charity Navigator

OVERVIEW OF DENVER NONPROFIT SECTOR

13,232 registered nonprofits in the Denver area

$19.8B in total revenue of registered nonprofits

$50.2B in total assets of registered nonprofits

ANALYSIS OF LARGEST 130 DENVER AREA NONPROFITS

Financial Information Averages (among largest 130 Denver nonprofits)

How does Denver compare?

Distribution of Nonprofits (among largest 130 Denver nonprofits)


FOUNDATION GIVING AND POTENTIAL The Denver area is a rich source of foundation giving, and 4 foundations hold assets of $1 billion or more.

• 1,165 grantmaking and other foundations

• $13.5 billion in cumulative total assets and $4.4

billion in cumulative total revenue

• Since 2000, more than 500 publicly reported gifts

of $1 million or more have been granted by

foundations in the Denver area

• 23 gifts were in excess of $10 million

• 71 Denver area foundations have made publicly

reported grants of $1 million or more

TOP FOUNDATION GIVING PRIORITIES FOR $1M+ GIFTS (by % of funds received)

Higher Education

(27.5%)

Education

(20.4%)

Health

(15.8%)

Arts/Culture

(10.1%)

2017 CCS Sources: Foundation Center, Million Dollar List

Foundation Total Assets Total Giving

Colorado Health Foundation $2,310,256,039 $75,088,000

University of Colorado Foundation $1,643,660,283 $109,198,000

Daniels Fund $1,128,799,692 $62,497,000

Anschutz Foundation $1,036,105,146 $51,495,000

Denver Foundation $660,158,892 $59,801,000

Colorado Trust $440,069,001 $7,018,000

Temple Hoyne Buell Foundation $408,504,570 $9,610,000

Gates Family Foundation $359,554,870 $19,786,000

Community First Foundation $336,656,202 $39,072,000

Boettcher Foundation $237,328,838 $10,365,000

WEALTHIEST DENVER AREA GRANTMAKING FOUNDATIONS (as of 2016 reporting)

Foundation Creation

in 2016

• 156 new foundations established

• $85,000,000+ in new assets


2017 CCS Sources: Million Dollar List

SELECT $1M+ GIFTS from Denver area foundations to nonprofits

Donor Recipient Recipient Location Gift Amount Year

Frederic Hamilton Family

Foundation

Denver Art Museum Denver, CO $100,000,000 2014

University of Colorado Foundation University of Colorado—Denver Denver, CO $65,024,000 2010

Anna and John J. Sie Foundation University of Colorado—Aurora Aurora, CO $34,000,000 2008

Anschutz Foundation University of Colorado—Aurora Aurora, CO $30,000,000 2001




Anschutz Foundation University of Colorado—Denver Denver, CO $15,300,000 2005

Pete Morgan Foundation Trust Valor Christian High School Highlands Ranch, CO $15,135,500 2007

Daniels Fund University of Denver Denver, CO $15,000,000 2006

Denver Foundation Utah State University Logan, UT $15,000,000 2007


Andre and Katherine Merage

Foundation

American Technion Society New York, NY $12,000,000 2009

Anschutz Foundation University of Colorado—Denver Denver, CO $11,000,000 2001

Colorado Health Foundation Family Resource Center Association Denver, CO $10,550,000 2011

Avenir Foundation Emma Willard School Troy, NY $10,500,000 2004

Gates Frontiers Fund California Institute of Technology Pasadena, CA $10,000,000 2008

Daniels Fund New Mexico Military Institute

Foundation

Roswell, NM $8,159,000 2005

Timothy and Bernadette Marquez

Foundation

Michigan State University East Lansing, MI $7,000,000 2008

Colorado Trust Various anti-bullying initiatives Various $5,750,000 2005

Boettcher Foundation Children’s Hospital Colorado Aurora, CO $5,000,000 2004

Community First Foundation Collier Hospice Center Wheat Ridge, CO $3,000,000 2005

Gates Family Foundation Gates Tennis Center Denver, CO $3,341,000 2006



SELECT $1M+ GIFTS to Denver area nonprofits from foundations

Donor Recipient Gift Amount Year Donor Location

Frederic Hamilton Family Foundation Denver Art Museum $100,000,000 2014 Denver, CO

University of Colorado Foundation University of Colorado—Denver $65,024,000 2010 Denver, CO

Anna and John J. Sie Foundation University of Colorado—Aurora $34,000,000 2008 Denver, CO

Anschutz Foundation University of Colorado—Aurora $30,000,000 2001 Denver, CO


Bill and Melinda Gates Foundation International Development Enterprise $27,000,000 2008 Seattle, WA



Lilly Endowment Inc. American Indian College Fund $17,500,000 2007 Indianapolis, IN

Kaiser Permanente LiveWell Colorado $16,000,000 2008 Oakland, CA

Anschutz Foundation University of Colorado—Denver $15,300,000 2005 Denver, CO

Pete Morgan Foundation Trust Valor Christian High School $15,135,500 2007 Littleton, CO

Daniels Fund University of Denver $15,000,000 2006 Denver, CO

Walton Family Foundation Charter Fund $13,766,000 2009 Bentonville, AR

Edna McConnell Clark Foundation Nurse-Family Partnership $12,000,000 2008 New York, NY

Wallace Foundation Denver Public Schools $12,000,000 2011 New York, NY

Colorado Health Foundation Family Resource Center Association $10,550,000 2011 Denver, CO

Denver Foundation Wildlife Experience $10,052,000 2008 Denver, CO

ALSAM Foundation University of Colorado—Aurora $10,000,000 2006 Chicago, IL

Monfort Family Foundation Children’s Hospital Colorado $10,000,000 2004 Eaton, CO

Robert Wood Johnson Foundation Princeton, NJ Nurse-Family Partnership $10,000,000 2008

Morgridge Family Foundation Wilmington, DE Denver Museum of Natural History $8,000,000 2010


CORPORATE GIVING AND POTENTIAL The gross domestic product of the Denver area is $187 billion, making it the 18th ranked metropolitan area

economy in the United States.

• 10 Fortune 500 companies in the Denver area

• 21 Fortune 1000 companies in the Denver area

• Since 2000, 19 Denver area corporations have made

publicly reported gifts of $1 million or more

• More than 40 publicly reported gifts of $1 million or

more have been made by Denver area corporations

2017 CCS Sources: US Bureau of Economic Analysis, Fortune, Denver Business Journal, Million Dollar List, Forbes

Company Donations to

Denver Nonprofits Total Donations

Percentage to

Denver

Xcel Energy Inc. $8,500,000 $61,340,000 13.8%

CoBank $1,970,000 $8,400,000 23.5%

Great-West Financial/Empower Retirement $1,700,000 $2,170,000 78.3%

Bank of America $1,540,000 $183,000,000 0.84%

American Furniture Warehouse Co. $1,470,000 $2,750,000 53.5%

Ball Corporation $1,300,000 $4,000,000 32.5%

HCA-HealthOne LLC $1,300,000 $1,300,000 100%

CoBiz Financial Inc. $1,150,000 $1,390,000 82.7%

DaVita Healthcare Partners Inc. $1,140,000 $5,070,000 22.5%

CH2M $1,000,000 $4,020,000 24.8%

TOP DENVER AREA CORPORATE DONORS

Denver was named

the best place for

business and

careers by Forbes in

2015 and 2016, based on its

diverse economy, growth outlook

and educated workforce.



SELECT $1M+ GIFTS from Denver area corporations to nonprofits

Donor Recipient Recipient Location Gift Amount Year

Gary-Williams Company Children’s Hospital Colorado Aurora, CO $10,000,000 2003

Encana Oil and Gas (USA) University of Wyoming Laramie, WY $5,000,000 2007

Newmont Mining Corp Various tsunami relief efforts Various $5,000,000 2005

Gary-Williams Company Denver Foundation Denver, CO $5,000,000 2006

Gary-Williams Company Urban Land Conservancy Denver, CO $4,466,227 2005

Western Union Various Zimbabwe $3,400,000 2011

Wellpoint Oasis Institute St. Louis, MO $3,200,000 2013

Janus Capital Group Denver Public Schools Denver, CO $3,000,000 2008

Quark Quark Foundation Denver, CO $3,000,000 2002

Encana Oil and Gas (USA) Colorado Mountain College Glenwood Springs, CO $3,000,000 2005

Wellpoint CoverMe Foundation Laramie, WY $2,500,000 2008

Five Rivers Ranch Cattle Feeding Colorado State University—Pueblo Pueblo, CO $2,500,000 2005

CoBank University of Colorado—Denver Denver, CO $2,500,000 2012

Newmont Mining Corp University of Nevada—Reno Reno, NV $2,500,000 2003

Gary-Williams Company Urban Land Conservancy Denver, CO $2,344,000 2007

CQG University of Dayton Dayton, OH $1,800,000 2012

Delta Dental Plan of Colorado Children’s Hospital Association Denver, CO $1,500,000 2008

Tricon Global Restaurants WTC School Relief Fund New York, NY $1,500,000 2002

PCL Construction Enterprises United Way—Mile High Denver, CO $1,060,000 2009



SELECT $1M+ GIFTS to Denver area nonprofits from corporations

Donor Donor Location Recipient Gift Amount Year

Gary-Williams Company Denver, CO Children’s Hospital Colorado $10,000,000 2003

Gary-Williams Company Denver, CO Denver Foundation $5,000,000 2006

Gary-Williams Company Denver, CO Urban Land Conservancy $4,466,227 2005

Pfizer New York, NY National Cattlemen’s Foundation $3,000,000 2004

ITT Corporation White Plains, NY Water for People $3,000,000 2008

Janus Capital Group Denver, CO Denver Public Schools $3,000,000 2008

Avon New York, NY University of Colorado—Aurora $2,500,000 2001

CoBank Greenwood Village, CO University of Colorado—Denver $2,500,000 2012

Janus Capital Group Denver, CO Denver Zoological Foundation $2,200,000 2001

Cox Enterprises Atlanta, GA University of Denver $2,000,000 2001

Qwest Denver, CO Fund for Colorado’s Future $1,900,000 2001

First Data Western Union Greenwood Village, CO United Way—Mile High $1,500,000 2005

Delta Dental of Colorado Denver, CO Children’s Hospital Associations $1,500,000 2008

McNeil Consumer and Specialty

Pharmaceuticals Ft. Washington, PA Denver Health $1,500,000 2003

Green Mountain Coffee Roasters Knoxville, TN Water for People $1,250,000 2013

Chevron San Ramon, CA Colorado School of Mines $1,245,000 2008

Pulte Homes Bloomfield Hills, MI Mercy Housing $1,000,000 2005

Citi New York, NY Hope World Wide $1,000,000 2005

Verizon Basking Ridge, NJ TelecomPioneers $1,000,000 2007


2017 CCS Sources: The Chronicle of Philanthropy, Million Dollar List, Colorado Nonprofit Association

INDIVIDUAL GIVING AND POTENTIAL Denver area individuals contributed over $1.8 billion to nonprofits. Nearly 90 individuals in the Denver area

have made publicly recognized gifts of $1 million or more since 2000.

AVERAGE CONTRIBUTIONS

BY INCOME LEVEL

Median Contribution

Denver

Colorado

$2,774

$2,958

WHERE IS THE BIG MONEY

GOING?

Individuals in the Denver area who make

$1M+ gifts overwhelmingly support

education, primarily at the collegiate level.

14 of the 20 largest publicly reported gifts

made by Denver area individuals since 2000

went to institutions of higher education.

Percentage of Income Given

Denver

Colorado

2.71%

2.87%

$200,000 or more

$100,000- $199,999

$75,000- $99,999

$50,000- $74,999

$16,926

$3,503

$2,597

$2,156


SELECT $1M+ GIFTS from Denver area individuals to nonprofits

Donor Recipient Gift Amount Year Recipient Location

Bill Daniels Daniels Fund $1,100,000,000 2000 Denver, CO

Stanley Anderson Presbyterian Church $150,000,000 2006 Louisville, KY

Bernadette and Timothy

Marquez Denver Scholarship Foundation $50,000,000 2006 Denver, CO

John Malone Yale University $50,000,000 2011 New Haven, CT

John Malone Johns Hopkins University $30,000,000 2011 Baltimore, MD

Edward Warner Colorado State University—Pueblo $25,700,000 2005 Pueblo, CO

Emmet and Toni Stephenson Louisiana State University $25,000,000 2007 Baton Rouge, LA

Jake Jabs Montana State University—Bozeman $25,000,000 2011 Bozeman, MT

Oscar Tang and Argie Ligeros Phillips Academy $25,000,000 2008 Andover, MA

Lanny and Sharon Martin Denver Art Museum Denver, CO $25,000,000 2016

John Malone Yale University $24,000,000 2000 New Haven, CT

Richard and Susan Rogel University of Michigan—Ann Arbor $22,000,000 2000 Ann Arbor, MI

Frederic Hamilton Denver Art Museum $20,000,000 2003 Denver, CO

C. Michael Armstrong Johns Hopkins University $20,000,000 2005 Baltimore, MD

Donald and Susan Sturm University of Denver $20,000,000 2004 Denver, CO

Marvin Caruthers University of Colorado—Aurora $20,000,000 2007 Aurora, CO

Betty Knoebel University of Denver $17,500,000 2010 Denver, CO

Charles and Gwen Lillis University of Oregon $12,000,000 2000 Eugene, OR

Charles Gates, Jr. and Family Children’s Hospital Colorado $10,500,000 2003 Aurora, CO


Marquez Colorado School of Mines $10,000,000 2005 Golden, CO


Marquez Colorado School of Mines Golden, CO $10,000,000 2006



SELECT $1M+ GIFTS to Denver area nonprofits from individuals

Donor Donor Location Recipient Gift Amount Year

Bill Daniels Denver, CO Daniels Fund $1,100,000,000 2000

Claudia and William Coleman Los Altos, CA University of Colorado—Aurora $250,000,000 2001

Joe and Cleone Hansen Cooper Monticello, UT Colorado School of Mines $75,000,000 2000

Bernadette and Timothy Marquez Denver, CO Denver Scholarship Foundation $50,000,000 2006

Daniel Ritchie Montecito, CA University of Denver $27,000,000 2013

Lanny and Sharon Martin Denver, CO Denver Art Museum $25,000,000 2016

Marvin Caruthers Boulder, CO University of Colorado—Aurora $20,000,000 2007

Ruth Price Thomas Auburn, NY Wells College $20,000,000 2002

Frederic Hamilton Denver, CO Denver Art Museum $20,000,000 2003

Donald and Susan Sturm Denver, CO University of Denver $20,000,000 2004

Betty Knoebel Denver, CO University of Denver $17,500,000 2010

Kent and Vicki Logan Vail, CO Denver Art Museum $15,000,000 2006

Charles Gates, Jr. and Family Denver, CO Children’s Hospital Colorado $10,500,000 2003

Mike Leprino Denver, CO University of Colorado—Aurora $10,000,000 2000

Kent and Vicki Logan Vail, CO Denver Art Museum $10,000,000 2006

John and Carrie Morgridge Orlando, FL University of Denver $10,000,000 2007

David Eddings Carson City, NV National Jewish Health $10,000,000 2009

James Cox Kennedy Atlanta, GA University of Denver $10,000,000 2009

Gerald Levin New York, NY University of Denver $10,000,000 2000

Cydney and Tom Marsico Denver, CO University of Denver $10,000,000 2002

Jake Jabs Denver, CO University of Colorado—Denver $10,000,000 2013




REGIONAL TRANSFORMATIONAL GIVING Since 2000, over 650 publicly reported gifts of $1 million or more have been made to Denver area nonprofits,

contributing more than $3.7 billion to the Denver area nonprofit sector.

SOURCES OF $1M+ DONATIONS (dollars)

A SELECTION OF $20M+ GIFTS TO DENVER AREA NONPROFITS

Donor Donor Type Recipient Gift Amount Year

Bill Daniels Individual Daniels Fund $1,100,000,000 2000

Claudia and William Coleman Individual University of Colorado—Aurora $250,000,000 2001

Frederic C. Hamilton Family Foundation Foundation Denver Art Museum $100,000,000 2014

Joe and Cleone Hansen Cooper Individual Colorado School of Mines $75,000,000 2000

University of Colorado Foundation Foundation University of Colorado—Denver $65,000,000 2010

Bernadette and Timothy Marquez Individual Denver Scholarship Foundation $50,000,000 2006

Anna and John Sie Foundation Foundation University of Colorado—Aurora $34,000,000 2008

Anschutz Foundation Foundation University of Colorado—Aurora $30,000,000 2001

Anschutz Foundation Foundation University of Colorado—Aurora $27,000,000 2007

Daniel Ritchie Individual University of Denver $27,000,000 2013

$1M+ FUNDS BY SECTOR (dollars)

regional spotlight: denver metro area philanthropic...

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