Daniels Fund
- Assets
- $0.0
- Revenue
- $97.5m
- Investments
- $1.2b
- Employees
- 0
- Location
- Denver, CO
- Founding
- 04/1997
- Data as of
- 12/2020
- EIN
- 84-1393308
Organization Overview
Daniels Fund is located in Denver, CO. The organization was established in 1997. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daniels Fund 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, Daniels Fund generated $97.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $77.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Daniels Fund has awarded 2,413 individual grants totaling $249,101,442. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
DANIELS FUND GRANTS PROGRAM - THE GRANTS PROGRAM PROVIDES GRANTS TO SUPPORT HIGHLY EFFECTIVE NONPROFIT ORGANIZATIONS IN OUR FOUR-STATE REGION, AS WELL AS SOME PROGRAMS WITH A NATIONAL IMPACT. BILL DANIELS PERSONALLY DEFINED THE GEOGRAPHIC AREAS WE SERVE, AS WELL AS OUR GRANT FUNDING AREAS: AGING, AMATEUR SPORTS, DISABILITIES, DRUG & ALCOHOL ADDICTION, EARLY CHILDHOOD EDUCATION, HOMELESS & DISADVANTAGED, K-12 EDUCATION REFORM, AND YOUTH DEVELOPMENT.
DANIELS FUND SCHOLARSHIP PROGRAM - THE DANIELS FUND SCHOLARSHIP PROGRAM CONSISTS OF TWO DISTINCT COLLEGE SCHOLARSHIP PROGRAMS. THE DANIELS SCHOLARSHIP PROGRAM PROVIDES FOUR-YEAR COLLEGE SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS WHO DEMONSTRATE EXCEPTIONAL CHARACTER, LEADERSHIP, A COMMITMENT TO SERVING THEIR COMMUNITIES, WELL-ROUNDED PERSONALITY, AND EMOTIONAL MATURITY. THE BOUNDLESS OPPORTUNITY SCHOLARSHIP PROGRAM PROVIDES FUNDING TO SELECT COLLEGES AND UNIVERSITIES TO OFFER SCHOLARSHIPS DIRECTLY TO THEIR NON-TRADITIONAL STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hanna Skandera President And CEO | 40 | $525,150 | |
Jeb R Dickey Treasurer & Cfo, Through 7/2/2021 | 40 | $346,051 | |
William Fowler Senior Vp, Investments | 40 | $269,114 | |
David Brown Treasurer & Cfo, Starting 7/3/2021 | 40 | $243,505 | |
Bo Peretto Senior Vp, Ethics Initiative & Comm. | 40 | $212,878 | |
Kristen Morgan Chief Of Staff | 40 | $202,919 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Monticello Associates Inc | 12/30/21 | $700,000 |
Heidrick & Struggles | 12/30/21 | $110,520 |
Jeb Dickey | 12/30/21 | $80,000 |
Linda Childears | 12/30/21 | $209,348 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $86,360 |
| Dividends & Interest | $3,575,749 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,537,712 |
| Total Revenue | $97,503,421 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,186,976 |
| Pension plans, employee benefits | $1,388,967 |
| Depreciation | $546,099 |
| Occupancy | $392,602 |
| Travel, conferences, and meetings | $208,631 |
| Printing and publications | $102,135 |
| Total operating and administrative expenses | $12,278,362 |
| Contributions, gifts, grants paid | $64,920,055 |
| Total expenses and disbursements | $77,198,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,950 |
| Investments—mortgage loans | $0 |
| Investments—other | $524,787,343 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,001,681 |
Grants Awarded
Over the last fiscal year, Daniels Fund has awarded $76,979,640 in support to 745 organizations.
| Grant Recipient | Amount |
|---|---|
Denver, CO PURPOSE: 2022 OPERATING SUPPORT | $2,562,986 |
Santa Fe, NM PURPOSE: NEW MEXICO CHARTER SCHOOL FACILITY FUND | $1,800,000 |
SMITHSONIAN INSTITUTION PURPOSE: NATIONAL AIR AND SPACE MUSEUM - WORLD WAR II IN THE AIR | $1,800,000 |
US CHAMBER OF COMMERCE FOUNDATION PURPOSE: NATIONAL CIVICS BEE | $1,750,000 |
Denver, CO PURPOSE: SCHOLARSHIP | $1,734,237 |
JUNIOR ACHIEVEMENT - ROCKY MOUNTAIN INCORPORATED PURPOSE: JA FREE ENTERPRISE CENTER | $1,500,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Daniels Fund has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
French Foundation Pittsburgh, PA PURPOSE: GENERAL OPERATING | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Daniels Fund Denver, CO | $0 | $97,503,421 |
William And Ruth Scott Family Foundation Inc Omaha, NE | $135,118,169 | $49,281,960 |
The Harry J Lloyd Charitable Trust Overland Park, KS | $0 | $292,469 |
John P Ellbogen Foundation Laramie, WY | $46,423,424 | $5,451,826 |
Caring For Colorado Centennial Fund Denver, CO | $31,808,788 | $10,829,484 |
Business Technology Career Opportunities Inc Wichita, KS | $9,779,338 | $4,681,972 |
Barton Institute For Community Action Denver, CO | $34,619,921 | $16,322,072 |
Forever Young Foundation Bountiful, UT | $7,150,368 | $5,097,036 |
Dreiseszun Family Foundation Overland Park, KS | $64,188,669 | $5,783,291 |
Lensic Performing Arts Center Corporation Santa Fe, NM | $15,012,313 | $4,156,320 |
Marvin And Virgina Schmid Foundation Bellevue, NE | $28,131,628 | $2,731,281 |
The Enrichment Foundation Omaha, NE | $53,133,352 | $2,887,034 |