32014 DF-AnnuralReport-r2lr

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GENEROSITY

2009 Annual Report

MEET COMMUNITY.


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4 Feature Stories

8 Board and Committees

10 Inside Te DenverFoundation

12 Special Programs

14 Financial Statements

ESTABLISHED: 1925

MISSION:We inspire people and mobilize resources to strengthen our community.

OVERVIEW: The Denver Foundation is a community foundation a charitable

organization created through gifts from thousands of generous people. Community

foundations operate in perpetuity, meaning the gifts made to the Foundation will continue

to grow and provide resources for generations to come. The Denver Foundation is

one of more than 1,000 community foundations worldwide. It is the oldest and largest

community foundation in the Rocky Mountain region.

ROLES: The Denver Foundation has three primary functions. We steward an

endowment to help meet current and future needs for the community; we manage more

than 800 charitable funds for individuals, families, and businesses; and we work with

community and philanthropic leaders to address core challenges that face Metro Denver.

FOCUS AREAS: Through its Community Grants Program, The Denver Foundation

awards grants in the areas of Arts & Culture, Civic & Education, Health, and Human

Services. The Foundations donor-advised funds make grants to every type of charitable

endeavor. The Foundation also operates the Strengthening Neighborhoods Program

and the Inclusiveness Project, as well as other special programs.

AREAS SERVED: The Community Grants Program serves the seven counties of

Metro Denver: Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, and Jefferson.The Foundations donor-advised funds give grants to charitable organizations in Metro

Denver and throughout the United States.

STAFF: 36 (including part-time and project staff)

VOLUNTEERS: More than 100 volunteers serve on grantmaking and other advisory

committees.

ABOUT THE DENVER FOUNDATION

Table of Contents

page 2

Bal Swan

Childrens

Center


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2009 at a GlanceWELCOME TO THE 2009 ANNUAL REPORT

For a tree to grow tall, it must grow tough roots among the rocks. Frederic Nietzsche

Dear friends of the Metro Denver community:

In 2009, The Denver Foundation found out just how tough our roots are.

Over the past 85 years, The Denver Foundation has put the gifts of generous donors to work addressing theneeds of our community. The Foundation has been here to help through the Great Depression, World War II,the cultural upheaval of the sixties, the stagflation of the seventies, and numerous market downturns. Nowwere called to help our community work through the fallout from the Great Recessionanother test of our rootsand our strength. Here are just a few ways we responded to the challenge:

Our Board of Trustees voted unanimously to dip into our corpusto make the same amount of grant money available through ourCommunity Grants Program in 2009 as in 2008, despite a drop inour investments.

Our donors gave generously to the Critical Needs Fund/HungerRelief effort, resulting in more than $700,000 for front-line foodprograms and a significant investment in the creation of HungerFree Colorado (see page 5).

We helped our grantees modify their programs to meetincreasing needs with fewer dollars, demonstrating the inspiringcreativity and resourcefulness of the nonprofit sector.

This year, we also witnessed the power of charitable legacies to keep our community strong. The legacy of apast generation went to work serving contemporary needs through partnership between the Martin J. OFallonFund and Strengthening Neighborhoods (see page 6). And a new name joined our time-honored Community

Endowment through the legacy of beloved former board member and volunteer, Carol Gossard (see page 4).At the same time, the architects of tomorrows legacies already are hard at work through Social VenturePartners (see page 7).

A community foundation is particularly well-positioned to meet the difficulties we face in todays economy. Weprovide careful stewardship of donor dollars and we foster strong connections with neighborhoods, residents,organizations, and leaders to ensure that our charitable assets are put to work as wisely as possible. Thismeans we can move quickly when times get tough, and have the stability to look forward to the future, whilekeeping ourselves firmly rooted in the needs of the present.

David Miller Rich Lopez Kenzo Kawanabe

President/CEO Chair 2008-09 Chair 2010-11

page 3

Rich Lopez, David Miller, and Kenzo Kawanabe

Total given in grants:

$38,601,866

Donor-advised funds:

Number of funds:

3,968

Number of grants given:

Endowed donor-advised funds:

476

75Amount of gifts received:

49

Number of new funds created:$64,930,382

$522,486,233

Assets year end:

849


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LEGACY, MEET COMMUNITYCarol Gossards Generous Spirit Lives On

arol Gossard and her husband Billcame west to Colorado over 50years ago and immersed themselves

in the states cultureliterally. Theyparticipated actively in all aspects of lifehereenjoying the mountains and the cityequally, preserving historic landmarks, andpromoting biomedical ethics. From landuse to education, disaster relief, and theperforming arts, the Gossards supportedColorado causes with time and money. Thephrase civic engagement describes theirvery essence.

Before and after Bills death in 1997,Carol added volunteering for The DenverFoundation to her already-active schedule.She served as a Trustee, a committeevolunteer, and, by including the Foundationin her estate plan, she became a chartermember of the Foundations Community

Legacy Society. Keenly aware of theimportance of the Foundations CommunityEndowment, Carol left an unrestrictedlegacy gift to the Foundation. This year, the

Foundation will distribute almost $50,000from the Bill and Carol Gossard Fund.Grantees will be vetted through the rigorousreview process that Carol herself oncehelped to oversee.

Carols bequest allows us to continuemeeting community needs as they change,notes Jeff Hirota, Vice President ofPrograms. She knew that our grantmakingwould be as diverse as her interests,and we are honored that she left sucha generous gift to the community in thismanner. Community projects bearingthe Gossard name include a chair at theColorado Symphony and the GossardForum at the new CU Health SciencesCenter. Now, many community grantees ofThe Denver Foundation will know that theyare recipients of the Gossard generosityas well.

Legacy means forever, notes Jeff.Carol Gossard is helping us improve thecommunity in perpetuity.

Legacy means forever . . . Carol Gossard is helping us

improve the community in perpetuity.

C

page 4

Carol Gossard

Colorado Symphony Orchestra


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GENEROSITY, MEET CRITICAL NEEDSA Community that Continues to Step Up to the Challenge

eople across the politicalspectrum share thecommon belief that in a

country of abundance, no oneshould go hungry. Yet Coloradoremains at the bottom of mostmeasures when it comes toproviding food assistance to ourneighbors in needeven in thedistribution of federal dollars wealready have available.

Recognizing this challengingsituation, The Denver Foundation

is working on two levels toaddress hunger in Colorado.

First, while it takes time tochange underlying systems andpolicies, people need to eatevery day. So the Foundation isworking to make sure emergencyfood providers are strong andstable. In 2009, thanks to

generous donors, the Foundationgave more than $700,000 in

grants to more than 150 foodprograms across the state, andhopes to distribute even more

in 2010.

Second, the Foundation seeksto change the systems thatkeep people from getting thefood assistance they need. TheFoundation was the lead investorin a new organization that willbe the unified voice for endinghunger in Colorado. Createdthrough the collaboration of the

Colorado Anti-Hunger Networkand the Colorado Food BankAssociation, Hunger FreeColorado is working to endhunger through a variety ofstrategies. It is a part of theGovernors Campaign to EndChildhood Hunger, which isramping up school breakfast andsummer food programs in the

state. Hunger Free Coloradois also advocating for a better

Tose of us who are fortunate to have stable jobs andincomes during this challenging time have a responsibility

to help our neighbors in need.

distribution system for foodstamps, including an outreachprogram to help families sign up

for assistance on-line.

As the country works its way outof the worst recession since the1930s, The Denver Foundation,Hunger Free Colorado, ourdonors, and funding partnersfrom around the state will workto make sure our neighbors havethe food they need to survive.Those of us who are fortunate

to have stable jobs and incomesduring this challenging timehave a responsibility to help ourneighbors in need, says KenzoKawanabe, the Chair of theFoundations Board of Trustees.The Denver Foundation ishonored to play a role in thiscritical area.

P

page 5

Jeffco Action Center

Campaign to End

Childhood Hunger

TLC Meals on

Wheels


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ou could call The Denver Foundation a

time machine. With its stewardship ofdonor legacies and focus on the needs

of the community, The Denver Foundationbrings the generosity of past generations to thechallenges of the present.

An inspiring example of this took place in 2009,when the fund of plumbing and manufacturingmagnate Martin J. OFallon created in the1950s helped neighbors in Northeast Denver

heal from the pain of gang violence.

My great-grandfather was a member of theFoundations first distribution committee in 1925,says Meegan Carey, a current advisor to theOFallon Fund. My cousins and I are so proudto have a hand in putting his legacy to work.This year, we were inspired by the FoundationsStrengthening Neighborhoods Program.

Strengthening Neighborhoods (SN) helps

Metro Denver residents improve life in theircommunities, through projects they conceiveand implement themselves. In 2009,Meegan took part in an SN bus tour. We saw

Y

LEGACY, MEE NEIGHBORHOOD ACIONOFallon Descendants Put Teir Family Legacy to Work

parents improving schools and neighborhood

organizations beautifying parks and gardens.And we saw the Holly.

The Holly is a northeast Denver shoppingcenter that was destroyed by fire in a suspectedact of gang violence in 2008. SN, along withthe Urban Land Conservancy (a supportingorganization of The Denver Foundation, whichpurchased the site in early 2009), is helping theneighbors around the Holly decide how the site

will be used in the future. Through the Holly AreaRedevelopment Project, more than a hundredneighbors are developing plans and attractingadditional community involvement.

Meegan and her cousins recommended a grantfrom the OFallon Fund to help neighbors painta mural on the current site, to provide somerelief from the blight of the empty lot whileneighborhood development decisions proceed.The OFallon Fund is also helping SN with a

grant for interpretation equipment, and theyare supporting a group called Street Kidz as itrefurbishes the Globeville Recreation Center.

Its exciting to see a generous family put their legacy towork directly in these neighborhoods. Here in our 85th

year, Te Denver Foundation is bridging the generations.

Patrick Horvath, Strengthening Neighborhoods Program

OFallon descendants: Patrick

Harrington, Meegan Carey, and

Martin Purcell

page 6

Mayor Hickenlooper, Terrance

Roberts, Carla Madison, &

Michele Wheeler at the Holly site


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GENEROSITY, MEET PARTNERSHIPSocial Venture Partners Denver Celebrates 10 Years

en years ago, The Denver Foundationblazed new philanthropic trails by helpinglaunch Social Venture Partners Denver (SVP

Denver). SVP Denver is one of 25 Social VenturePartner organizations throughout North Americaand Japan. The program, which engages partnersto give both their volunteer time and money, has

two main goals: creating communities of lifelong,informed, and inspired philanthropists; andcapacity building for nonprofits so they can betterfulfill their missions.

I got involved because I loved the idea of comingtogether with like-minded individuals to use ourskills to help grow nonprofits, says Bill Ryan, oneof several founding partners of SVP Denver. Billlikes the leverage offered through the partnershipmodel. I recognized that if I gave $1,000 it wouldnot be as impactful as a partnership like SVPDenver getting 20 people together to give anorganization $20,000.

SVP Denver has also been a training groundfor a new generation of community leaders andphilanthropists. For example, three of The DenverFoundations Trustees have been involved withSVP Denver: Bill Ryan, Mark Berzins, andSarah Bock.

This heightened involvement is true across the

international SVP community. SVP International

Treports that 60% of SVP partners have increasedtheir giving since joining SVP, and 88% haveindicated that SVP helped them to significantlyincrease their community involvement.

Over the past 10 years, SVP Denver has given$576,250 in grant awards, and provided thevolunteer time and talents of 200 partners to 17

local youth-focused nonprofits.

We applied for a grant because we were in agrowth stage, states Trish Thibodo, ExecutiveDirector of PlatteForum, a 2008-2009 SVP Denvergrantee. Trish said that with the help of SVPpartners, PlatteForum developed its fundraisingstrategies, board, committee structures, andpersonnel. The process matured us as anorganization. I really think that as weve gonethrough the recent downturn of the economy, our

partnership with SVP has put us in a position toride out the storm and to be even more effective.

The role of SVP is not one of a traditional funder,where you give a grant and ask the organizationwhat it did with the money twelve months later,says Lisa Fasolo Frishman, SVP DenversExecutive Director. Our partners make the grant,and work with the boards and staff every step ofthe way. Or, as Bill Ryan says, We not onlyteach them to fish, but we teach them to catch

biggerfish.

Environmental Learningfor Kids

PlatteForum

We not only teach them to fish, but we teach

them to catch bigger fish.

page 7Lisa Fasolo Frishman, an SVP Tokyo

partner, Rick Acosta, and Betsy Hoagland


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THE DENVER FOUNDATION

2009 BOARD OF

TRUSTEES

Pamela Kenney Basey

Mark BerzinsJoe BlakeLinda CampbellLuella Chavez DAngeloJack FoxBarbara GroganMara GuajardoKenzo KawanabeJim KelleyJesse KingDiana LeeRich Lopez, ChairMichael Martinez

Rico MunnBill RyanPenfield TateDarrell B. WatsonMichelle Sie WhittenMara Zubia

2009 EXECUTIVE

COMMITTEE

Pamela Kenney BaseyJack FoxBarbara GroganMara GuajardoKenzo KawanabeJesse KingRich Lopez, ChairMichael Martinez

Elbra WedgeworthMichelle Sie WhittenMara Zubia

HUMAN SERVICES

COMMITTEE

Amy BankerPhyllis BigpondTerrance CarrollLuella Chavez DAngelo,

ChairTracy DAlannoLisa DurnDave StallsBarbara GroganJesse King

Shelley KrovitzBrenda LyleCathy PhelpsJamie Van Leeuwen

INCLUSIVENESS PROJECT

COMMITTEE

Erin BinfordChristine DealDaniel EscalanteMara Guajardo, ChairCarly HareMichael JohnsonBarclay Jones

Lesley KabotieCarlo K. KriekelsRich Lopez

ARTS AND CULTURE

COMMITTEE

Pamela Kenney Basey

Mark Berzins, ChairFlorence Hernandez-RamosMasakazu ItoSusan JensonMariner KemperKathryn KucsanDiana LeeAdam LernerRich LopezElla Maria RayScott RodwinSteve Seifert

CIVIC AND EDUCATION

COMMITTEE

Mitch AckermanBruce AtchisonElaine Gantz BermanJeffrey CamposNancy ComminsTisha CorbettKathy KandaSusan MolinaCarrie MorgridgeRico MunnLynn RhodesPenfield Tate, ChairLionel WashingtonBrian WeberMabel Young

FINANCE,

ADMINISTRATION, AND

AUDIT COMMITTEE

Jack FoxKenzo KawanabeJim Kelley, ChairMichael MartinezRico MunnPenfield Tate

GRANTMAKING

COMMITTEE

Mark BerzinsLuella Chavez DAngeloBarbara Grogan, ChairKenzo Kawanabe

Penfi

eld Tate

HEALTH COMMITTEE

Elizabeth ArenalesKraig BurlesonAndy FineMara GuajardoSharon HeinlenKenzo Kawanabe, ChairTom MaddoxBernie MarquezJulie ReiskinBill RyanYoulon Savage

Mike SevernsJulissa SotoKaren TerryChris Urbina

Miguel LovatoMichael MartinezKevin May

Dean PrinaCarlos Valverde

INVESTMENT COMMITTEE

Tucker Hart AdamsJack Fox, ChairBill JohnsonJoy JohnsonJim KelleyMichael MartinezBob ReichBill RyanFred Taylor

COMMUNICATIONS AND

MARKETING COMMITTEE

Rick AcostaJeremy BangsKelly BergerKathy Hagan BrownAmy BryerDiane CarmanDavid CharmatzNicolle DaviesTanya IshikawaFrancisco MiravalMarv Rockford

J. Whitney SibleyTracy UlmerMichelle Sie Whitten, Chair

Kenzo

Kawanabe

Jim KelleyBarbara Grogan Mara GuajardoJack FoxMark Berzins Joe Blake Linda Campbell Luella Chavez

DAngelo

Pamela Kenney

Basey page 8


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2009 BOARDS AND COMMITTEES

NOMINATING AND

GOVERNANCE COMMITTEE

Pamela Kenney Basey,

Co-ChairJoe Blake

Linda CampbellLuella Chavez DAngelo

Jesse King, Co-ChairRich Lopez

Michael MartinezBill Ryan

PHILANTHROPIC

LEADERSHIP COMMITTEE

Rebecca ArnoPamela Kenney Basey

Barbara BervLinda CampbellLauren CasteelLee EverdingAngelle FoutherBarbara Grogan, ChairMara GuajardoBeverly HaddonJeff HirotaJoyce HolmstromPatrick HorvathLeslie KarotkinHolly Kingsbury

Adrienne MansanaresCinque McKinneyDavid MillerDavid Portillo

Bill RyanOz Spies

PHILANTHROPICSERVICES COMMITTEE

Laura BartonNancy Benson

Mark BerzinsJoe Blake, Chair

Sarah BockKermit Darkey

Lee EverdingBeverly Haddon

Jane IngallsDiana Lee

Betsy Mangone

Jan MeckBarbara NealBill Ryan

Mary Sissel

PROFESSIONAL

ADVISORS COUNCIL

Francis P. BrownMark Brown

Wanda G. ColburnMyra Donovan

Mimi HackleyKristin Koval

Betsy MangoneJoyce Nakamura

Robert Phelps

Daniel Rich

John RobertsLeslie Schaus

Vernon Butch ShoupCade Sibley

Carol WarnickSarah Williamson

Emeritus

John HughesL. William Schmidt

Penfield TateDavid Thomas

STRENGTHENING

NEIGHBORHOODS

COMMITTEEMark BerzinsLinda Campbell

Maria GonzalezCookie Hansen

Michael Martinez, ChairPatrick Ridgeway

Mara Zubia

New Trustees for 2010

Mara ZubiaMichelle SieWhitten

Darrell WatsonBill Ryan Penfield TateJesse King Diana Lee Rich Lopez Michael Martinez Rico Munn

Sarah Bock Sandra ShreveJohn Ikard

page 9

Visit 2009report.denverfoundation.org

for more information.

Colorado Childrens Chorale


10/16

As Colorados oldest and largest community foundation, TheDenver Foundation connects with the community throughpartnerships with donors, nonprofits, community leaders,and other funders. Visit denverfoundation.org for more detailsand staff titles.

In addition to managing the Foundations endowment, which is an

accumulation of 85 years of gifts from thousands of individuals and

families, Finance & Administration oversees the accounting, human

resources, and information technology operations of the Foundation.

FINANCE & ADMINISTRATION

The Philanthropic Services Group (PSG) works closely with individuals,

families, and businesses to make their philanthropy as effective and fulfill-

ing as possible. A few of the many services provided by PSG:

Assistance with defining charitable needs

Guidance in creating tailored and strategic philanthropic plans

Research about effective charitable organizations

Creation of a personal fund for giving

Expertise with charitable estate planning

Assistance with involving children and grandchildren in

charitable giving

Opportunities to meet other like-minded donors

To find out how PSG can help you, visit denverfoundation.org or call

303.300.1790.

PHILANTHROPIC SERVICES GROUP

INSIDE THE DENVER FOUNDATION

page 10

Top: Caloy Fernandez, Dan Lee, David Miller, Jan Nevers, Lindsay Barrett

Bottom: Malisa Thammarath, Joyce Holmstrom, Jennifer Corzine, Sami Nakazono

Top: Barbara Berv, Dedie Cornett, Sarah Harrison, Leslie Karotkin, Karla BieniulisBottom: Nicole Holst, Rachel Gonzales, Lisa Fasolo Frishman, Lori Gilliard, Karen Bellina


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COMMUNICATIONS

The Communications Department helps The Denver

Foundation tell its story to key audiences in Metro

Denver. The department facilitates public outreach,

marketing, and positioning in support of the

Foundations goals.

The Philanthropic Partnerships Departmentserves as a conduit throughwhich The Denver Foundation engages with nonprofits, public entities,other foundations, and citizens to address broad community issues in asystemic way. Projects and initiatives include Advancing ColoradosMental Health Care; the Nonprofit Internship Program, which offerssummer work opportunities in the nonprofit sector to motivated, highly-qualified college students from communities traditionally underrepresentedin the sector; and the Inclusiveness Project(winner of the 2009 Councilon Foundations Critical Impact Award), a program dedicated to helping

nonprofit organizations, including funders, become more inclusive ofpeople of color. For more information visit nonprofitinclusiveness.org.

PHILANTHROPIC PARTNERSHIPS

The Denver Foundations Community Endowment is composed ofdonations from thousands of donors over the Foundations 85 years.Investing the endowment generates earnings, which fund theCommunity Grants Program. Eligible nonprofit organizations applyfor grants, and the Foundations staff and volunteer advisorycommittees review the applications. Grants are awarded three timesa year in the areas of Arts & Culture, Civic & Education, Health, andHuman Services. To be eligible for funding, organizations must have

501(c)(3) tax exempt status and serve residents in Adams, Arapahoe,Boulder, Broomfield, Denver, Douglas, or Jefferson counties.

ThePrograms Departmentis also home to the StrengtheningNeighborhoods Program, which makes grants directly to residentsin 10 partner neighborhoods who are working to improve theircommunities.

Visit denverfoundation.org to review guidelines before applying to eitherthe Community Grants Program or visit strengtheningneighborhoods.org for Strengthening Neighborhoods guidelines and application.PROGRAMS

page 11

Top: Bill Inama, Justin Sharp, Christiano Sosa, David Portillo, Terri Konrad, Jeff HirotaBottom: Mario Flores, Oz Spies, LaDawn Sullivan, Patrick Horvath, Alma Martinez

Adrienne Mansanares, Holly Kingsbury, Flor Blake, Lauren Casteel

Angelle Fouther, Rebecca Arno, Carmen Holleman, Flor Blake


12/16

SPECIAL PROGRAMS THROUGH

The Colorado Nonprofit LoanFund (CNLF)

The Colorado Nonprofit Loan Fund (CNLF)

is a supporting organization of The Denver

Foundation. Established in 1981, the fund

provides short-term loans to help nonprofit

organizations with cash flow issues.

Loans of up to $50,000 are available foran 11-month period, and are charged six

percent or the prime interest rate, whichever

is higher. Any 501(c)(3) organization in

Colorado is eligible to apply. For more

information, contact Rosanne Sterne at

303.300.1790 ext. 126.

Visit denverfoundation.org/grants to see the

2009 CNLF Board of Directors and funders.

The Longmont CommunityFoundation (LCF)

The Longmont Community Foundation (LCF)is an affiliate of The Denver Foundationthat strives to improve life in the Longmontcommunity through philanthropy, leadership,and strengthening the community. Since its

inception, LCF has awarded over $2.3 millionin grants to nonprofit organizations that serve

residents of Longmont in the areas of Artsand Culture, Civic and Education, Health,and Human Services.

Visit www.longmontfoundation.org or call303.678.6555 for more information.

Minoru Yasui CommunityVolunteer Awards (MYCVA)

In 1976, the Denver Commission onCommunity Relations, United Bank ofDenver, and the Rocky Mountain Newsstarted an awards program to honoroutstanding community volunteers. Lessthan a year later, they renamed the awardafter Minoru Yasui, a community leader whoheaded the Commission for several yearsand volunteered for dozens of organizations.

MYCVA presents awards monthly eachyear, except in December, to honorwomen and men who make uniquevolunteer contributions to the community.The recipients receive a cash award todesignate to a nonprofit organization oftheir choice. The Denver Foundationprovides administrative support for thisprogram. To make a nomination, call TheDenver Foundation, 303.300.1790. Visit

The Womens Wilderness Institute

page 12

Brents Place

The Denver Foundation provides support to several special programs that are working to

enrich the community.


13/16

denverfoundation.org to see the 2009MYCVA committee members andaward winners.

Social Venture PartnersDenver (SVP Denver)

In 2000, The Denver Foundation helpedcreate Social Venture Partners Denver (SVP

Denver), part of a growing movement ofengaged giving. Similar to venture capitalistswho invest their money and expertise to buildand grow a company, venture philanthropistsnurture their investments with time, money,and expertise. Currently, SVP DenverPartners each contribute $2,500 and morethan 20 hours of volunteer time per year(see page 7 for the story: SVP DenverCelebrates 10 Years).

In 2009, SVP Denver awarded grants toColorado Youth at Risk, EnvironmentalLearning for Kids, and the YoungPhilanthropists Foundation. For moreinformation contact Lisa Fasolo Frishman atThe Denver Foundation, 303.300.1790 ext.142, or visit svpdenver.org.

THE DENVER FOUNDATION

The Urban Land Conservancy(ULC)

A nonprofit organization established in2003, the ULC uses real estate as a toolto benefit the Metro Denver community.In much the same way that a land trustpreserves open space for future generations,the ULC preserves land in urban areas for

community uses such as schools, affordablehousing, and nonprofit centers. The ULCis a supporting organization of The DenverFoundation, with an independent Boardof Directors. For more information, call303.454.5369, or visit the ULC online aturbanlandc.org.

I Have a Dream Foundationof Boulder County

Denver Museum ofNature and Science

page 13

For a complete list of donors and

grant recipients, please visit

2009report.denverfoundation.org.


14/16

2009 FINANCIAL OVERVIEW

Visit 2009report.denverfoundation.orgfor information on grants and gifts and a

copy of the Foundations audit.

STATEMENT OF FINANCIAL POSITION STATEMENT OF ACTIVITIES

page 14

Arvada Center for

the Arts

December 31, 2009

Assets:Cash and Cash Equivalents $204,300Contributions and Pledges Receivable 3,932,201Investments 478,609,356Funds Held for Others 37,578,507Other Assets 2,161,869

Total Assets $522,486,233

Liabilities:Grants Payable $27,520,979Accounts Payable and Accrued Expenses 595,707Charitable Remainder Trusts 1,147,597Funds Held for Others 37,578,507Other Liabilities 2,294,992

Total Liabilities $69,137,782

Net Assets: $453,348,451

Total Liabilities and Net Assets $522,486,233

December 31, 2009

Revenue:Contributions $64,930,382Investment Return 75,174,084Other Income 1,522,412

Total Revenue $141,626,878

Expenses:Grant Expense $38,601,866Program Services 4,674,020Supporting Services 2,574,544

Total Expenses $45,850,430

Change in Net Assets $95,776,448

Net Assets, Beginning of Year $357,572,003

Net Assets, End of Year $453,348,451


15/16

2009 Community Grants by Grantmaking Areas

All 2009 Grants by Fund Type

The Chanda Plan Foundation

page 15

Your Generosity. Our Stewardship.

Gift History

$73 M

$118 M

$48 M

$33 M

$50 M

$24 M

$33 M

$61M

$64 M

$0

$20,000,000

$40,000,000

$60,000,000

$80,000,000

$100,000,000

$120,000,000

$140,000,000

Year

2001

2002

2003

2004

2005

2006

2007

2008

2009

67%2%

4%

15%

5%5% 2%

Donor Advised Funds

Supporting Organizations

Designated Funds

Community Grants Program

Scholarships

Programs, Projects, and Partnerships

Field of Interest Funds

39%

15%

30%

16%

Human Services

HealthCivic and Education

Arts & Culture


16/16

Editors: Rebecca Arno, Angelle Fouther, and Carmen Holleman Writers: Rebecca Arno, Sarah Harrison, and Angelle Fouther

Photography: Jim Havey and Nathan Church of Havey Productions, Flor Blake Photography, and courtesy of Te Denver Foundations grantees

Design:Angelle Fouther and Flor Blake Printing: Egan Printing

Tis paper contains 50/25 recycled content-50% is total recycled content and 25% is post-consumer waste

55 Madison St., 8th Floor, Denver, CO 80206 303.300.1790 denverfoundation.org Cert no.SCS-COC-002623

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