In 1926, wealthy Denver socialite Frances A. Moffat’s last will and testament provided for the lifetime care of her granddaughter. It also directed that any subsequent funds go to The Denver Foundation. Those with the ability to give away money during their life or once they had passed typically had two goals: Take care of family, then give to causes dear to their hearts.
With the granddaughter’s passing, the Frances A. Moffat Fund—likely our first-ever donor-advised fund—became available for our charitable giving purposes. In the 1970s and ’80s, many such funds—planned and readied for decades—became available for the foundation’s giving purposes.
