The University of Denver has announced a $10 million gift from Laura Barton and her family in support of a new multidisciplinary institute dedicated to the study of philanthropy and social enterprise.
Made in honor of Barton's late husband, Peter R. Barton, the gift will provide seed capital and long-term funding for the Barton Institute for Philanthropy and Social Enterprise and support its effort to promote and enhance traditional and new forms of philanthropy, social enterprise, and partnerships within and among the private, public, nonprofit, and academic sectors. Initial funding from the five-year commitment will enable the institute to hire two staff members, launch cross-sectoral partnerships and social entrepreneurship programs, and take advantage of other strategic opportunities.
The Bartons have been longstanding supporters of the university and it's the institute's executive director, David Miller, who earlier served as president and CEO of the Denver Foundation.
"I know that the late Peter Barton would be honored, as our kids and I are, to have the Barton name on the Institute for Philanthropy and Social Enterprise," said Laura Barton. "We are excited to leverage our philanthropic power with this wonderful investment in collaborative philanthropy. We hope the gift inspires others to invest in this important work."