Unified scholarship approach


December 19, 2024

When the IRS restricted the way scholarships are administered from donor-advised funds, we restructured and formalized our scholarships to honor donors’ wishes while complying with the changes. The result was a revamped scholarship portfolio with unified timelines, unified criteria, and new processes to ensure that the scholarships are as equitable as possible. 

The Denver Foundation manages more than 80 scholarships, including the Reisher Scholars Program, which is on track to become the largest private scholarship provider in Colorado. (learn more) We also manage an endowed scholarship fund established by Helen McLoraine. McLoraine, a leader in business and philanthropy, founded The Pioneer Fund to support charitable causes in education, youth social welfare, and medical research. After her passing, the fund established several endowed scholarship funds, among other funds, ensuring her legacy of generosity endures for generations.