Denver Regional Philanthropic Landscape v2

OVERVIEW The Denver Metro Area Philanthropic Landscape is intended to provide an overview of the nonprofit sector and philanthropy within the Denver area.. CONTENTS Overview of the Den

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

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

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

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

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—Aurora Aurora, CO $27,260,000 2007 Anschutz Foundation University of Colorado—Aurora Aurora, CO $25,000,000 2006 Anschutz Foundation University of Colorado—Aurora Aurora, CO $25,000,000 2000 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 Anschutz Foundation University of Colorado—Aurora Aurora, CO $13,641,000 2006 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

2017 CCS Sources: Million Dollar List

SELECT $1M+ GIFTS

to Denver area nonprofits from foundations

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

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

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

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

Anschutz Foundation Denver, CO University of Colorado—Aurora $27,260,000 2007

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

Anschutz Foundation Denver, CO University of Colorado—Aurora $25,000,000 2006

Anschutz Foundation Denver, CO University of Colorado—Aurora $25,000,000 2000

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

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

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

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

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

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

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

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

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

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

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

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

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

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

2017 CCS Sources: Million Dollar List

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

2017 CCS Sources: Million Dollar List

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