Boettcher Foundation Explained

Boettcher Foundation
Formation:1937
Type:Philanthropic organization
Headquarters:Denver, CO, United States
Revenue:$23,474,733[1]
Revenue Year:2014
Expenses:$13,999,437
Expenses Year:2014

The Boettcher Foundation[2] is a Denver-based philanthropic organization whose mission is to invest in the promise of Colorado and the potential of Coloradans.[3] Founded by Claude K. Boettcher and his son, Charles, with additional support from other family members,[4] the foundation has invested more than $375 million[5] in Colorado through scholarships, biomedical research funding and capital grants.[6] The foundation currently has net assets[7] of approximately $300 million.

The Boettcher Foundation is best known for its scholarship program, which annually provides 42 of Colorado's top graduating seniors with funding to attend college in Colorado.[8] Its Webb-Waring Biomedical Research Awards program provides early career biomedical researchers with funding to establish themselves and their research, making them competitive for federal and private funding.[9] The foundation has also provided capital grants throughout the State of Colorado and supports leadership development at multiple levels.

The Boettcher name is well known in Colorado as recognized by many buildings and places named after the family thanks to the foundation's grants, including the Boettcher Concert Hall in Denver, the Boettcher Memorial Tropical Conservatory at the Denver Botanic Gardens, and the Boettcher Welcome Center at the Denver Zoo. In addition, the Colorado Governor's Residence, a Colonial Revival mansion built in 1908, was donated by the Boettcher Foundation to the State of Colorado in 1959.[10]

Notes and References

  1. Web site: Boettcher Foundation . 19 August 2015 . Foundation Center . 23 June 2017 .
  2. Web site: The Boettcher Foundation: Investing in Colorado through minds and mortar . 2011-08-01 . dead . https://web.archive.org/web/20130303093118/http://www.boettcherfoundation.org/index.php/ . 2013-03-03 .
  3. Web site: Boettcher Foundation, Colorado Scholarships, Nonprofit Grants. Boettcher Foundation. en-US. 2019-05-29.
  4. Web site: Boettcher Family and Foundation History. Boettcher Foundation. en-US. 2019-05-29.
  5. Web site: Year in Review. boettcherfoundation.org. 2019-05-29.
  6. http://www.boettcherfoundation.org/index.php/foundation/financial-info/
  7. Web site: Archived copy . 2011-08-01 . 2011-10-05 . https://web.archive.org/web/20111005224445/http://www.boettcherfoundation.org/wp-content/uploads/2011/06/2010-year-in-review.pdf . dead .
  8. Web site: Colorado Scholarships, Scholarship Overview. Boettcher Foundation. en-US. 2019-05-29.
  9. Web site: Boettcher Foundation Webb-Waring Biomedical Research Grants. Boettcher Foundation. en-US. 2019-05-29.
  10. Web site: Governor's Residence Preservation Fund - Gift Shop. 2020-12-15. www.coloradoshome.org. en.