1st corporate endowment


December 19, 2024

We partnered with the Chevron Corporation to create the nearly $1 million Chevron Fund. That fund, the foundation’s first corporate endowment, was dedicated to developing “creative solutions to meet community needs,” a theme close to the foundation’s heart. The Chevron Corporation chose only eight American cities in which to sponsor community funds at that time, and The Denver Foundation paved the way for Denver to be chosen as one of those cities.

The oil industry has always been a strong force in Colorado, as it is all over the world. Chevron was among many companies who struck oil in the fields of Colorado, as they acquired the Rangely Field in the 1930s, adding to the complicated history of oil and our state.