We received our first permanent endowment in November 1929, from Alice Coleman in the amount of $3,402. The Alice Sherwin Coleman Fund was set up to benefit three agencies: the Ladies Relief Society, Adult Blind Home, and Sands House. The Adult Blind Home and Sands House are no longer in operation.
The foundation has since applied the funds to similar organizations with like-minded purposes, like the National Sports Center for Disabled and the Anchor Center for Blind Children. Coleman’s gift was just the first of many such endowments that have helped sustain The Denver Foundation’s work.
Even when the nonprofit landscape changes, funds like these allow flexibility, while still honoring donor intent.
