Boettcher Foundation Scholarship expands to 42 students

05 Jun Boettcher Foundation Scholarship expands to 42 students

June 5, 2015 — The Boettcher Foundation is celebrating the first major expansion of its prestigious and competitive scholarship program following a generous donation that will allow the well-known program to expands its reach and impact.

B. Grady and Lori Durham have donated funds to expand the Boettcher Scholar class from 40 to 42 students. As a result, even more high-achieving Colorado students will receive a comprehensive scholarship to the Colorado college or university of their choice.

Grady Durham is the founder of Monticello Associates, a Denver-based investment management and consulting firm focused on endowment and foundation clients and high-networth families. The Durhams generous donation marks the first time that the class of Boettcher Scholars has expanded since the group size was set at 40 per year in the 1950s.

The Durhams intend to fund two additional four-year awards in the scholarship program each year on an ongoing basis. This means that after four years – and each year thereafter – there will be a total of eight additional Scholars enrolled in college, with 42 students in each class, ranging from freshmen to seniors.

“Much like the Boettcher family, I have had the great fortune of growing a successful business in Colorado, and, like the Boettchers, I believe it is important to give back to the state,” Grady Durham said. “I have had the opportunity to work closely with Colorado’s colleges and universities, and one of the advantages of making a gift to the Boettcher Foundation is that it allows us to support multiple colleges and universities in the state.”

The Boettcher Foundation Scholarship was established in 1952 with the goal of keeping Colorado’s best minds in Colorado. The scholarship includes virtually all expenses to attend the Colorado college or university of each scholar’s choice, allowing them to build a Colorado network and use their immense talents to improve our communities right here at home.

“We were familiar with the Boettcher Foundation and its process for selecting Colorado’s top students based on leadership, character, academics and service,” Lori Durham said. “As we considered options for a portion of our philanthropic giving, we determined that supporting Boettcher’s proven process, as well as the network of support that Boettcher Scholars receive throughout their lives, would be the best way for us to expand opportunities for Colorado’s brightest students.”

Tim Schultz, president and executive director of the Boettcher Foundation, said the Durhams’ generous donation represents a new opportunity for the Boettcher Foundation to expand its impact.

“We are honored that the Durhams have validated our process and our program by choosing to invest in expanding the Boettcher Scholarship,” Schultz said. “We hope other individuals who desire to support education in Colorado will follow the example set by the Durhams and consider investing in Boettcher Scholars.”

Boettcher Scholars include more than 2,400 individuals who have gone on to make their marks in business, politics, academia and other endeavors. More than 50 percent of Boettcher Scholars remain in Colorado, and the network, which extends throughout the United States and overseas, includes a Nobel Prize winner, multiple Rhodes Scholars, U.S. Ambassadors and elected officials, as well as leaders in the business, academic and nonprofit communities.

“We appreciate Grady and Lori Durham’s generosity,” said Ted Schlegel, chairman of the Boettcher Foundation Board of Trustees. “We are grateful that they would make this incredible investment in Colorado’s worthy students, and we are honored to serve as careful stewards of their gift.”

A full list of this year’s 42 Boettcher Foundation Scholars is attached.

About the Boettcher Foundation

At Boettcher, we believe in the promise of Colorado and the potential of Coloradans. Every day we champion excellence across our state by investing in our most talented citizens and highpotential organization, because supporting their hard work and leadership will enable them to give back for years to come. For more information, visit www.boettcherfoundation.org.

About the Boettcher Scholarship

The Boettcher Foundation Scholarship includes virtually all expenses to attend the Colorado school of each scholar’s choice: full tuition, fees, a book allowance and an annual stipend for living expenses. The Scholarship also includes access to programming intended to further enable scholars to hone their talents and give back in their communities as well as an ongoing relationship with an international network of Boettcher Scholars.

FOR IMMEDIATE RELEASE

Contact:
Kristi Arellano
303-285-6208
kristi@boettcherfoundation.org

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Aaron Aguero
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