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Buell Foundation
Temple Hoyne Buell established the foundation in 1962 after building a real estate portfolio that included major Denver developments. The organization operates...
Buell Foundation
Temple Hoyne Buell established the foundation in 1962 after building a real estate portfolio that included major Denver developments. The organization operates as a grantmaking entity focused on early intervention programs, social systems, and educational outcomes for young children and families in Colorado. Deployment spans private equity, venture capital, distressed debt, secondaries, and public equities. Confirmed positions include limited partner roles in Commonfund Capital, Colorado Impact Fund, Fortress Energy, IndiaNivesh, and MHR Fund Management. Public holdings center on VTI and VXUS ETFs. Geographic reach covers the United States with additional exposure through IndiaNivesh in India. Direct real estate includes the 57-acre Cherry Creek Shopping Center land and a joint venture on the Cherry Creek West mixed-use project with East West Partners and Taubman. The foundation employs 12 professionals and maintains its primary office at the Foster-Buell Estate in Cherry Hills Village. It also leases space at Cherry Tower in Glendale. Adjacent vehicles consist of the Temple Hoyne Buell Foundation itself plus a private art and architectural collection. March 2026 marked sponsorship of the Buell Early Childhood Leadership Program in Colorado. Service providers include Northern Trust as custodian and Plante Moran as auditor. A structural distinction lies in the direct ownership of income-producing real estate originally developed by the founder, which sits alongside traditional grantmaking and external investment commitments. This creates an operating link between legacy property assets and philanthropic distributions without intermediary fund layers for the core holdings.
General information
Firm type
Endowment / Foundation
Year founded
1962
Location
Region
North America
Country
United States
City
Denver
Corporate office
950 S Cherry St Ste 1500, Denver, CO, United States
Principals
Steve ErkenBrack
President and CEO
Susan Steele
Former President and CEO
Daniel Ritchie
Former Trustee Emeritus and Chair
Sector focus
Frequently asked questions
Who runs investment decisions at Buell Foundation?
Steve ErkenBrack serves as President and CEO and oversees operations. Investment activity draws on external managers including Commonfund Capital and MHR Fund Management.
How does Buell Foundation source proprietary deal flow?
The foundation maintains direct ownership of real estate assets developed by its founder and participates as a limited partner in selected vehicles. Relationships with East West Partners and Taubman support project-level activity.
Does Buell Foundation participate in fund commitments or only direct deals?
It holds both. Limited partner positions exist in Commonfund Capital, Colorado Impact Fund, and MHR Fund Management while direct ownership covers the Cherry Creek Shopping Center land and Foster-Buell Estate.
What investment stages does Buell Foundation typically target?
The foundation allocates across venture capital seed and growth, buyout, mezzanine, distressed debt, secondaries, and special situations according to its recorded strategy tags.
Where does the underlying wealth come from?
Temple Hoyne Buell, an architect and real estate developer, created the endowment from his commercial developments including the Cherry Creek Shopping Center.
Does Buell Foundation maintain philanthropic structures, and how are they separated?
The foundation itself functions as the grantmaking vehicle with an estimated annual giving level of $18.35 million. It operates separately from the founder's personal estate holdings now held in foundation name.
What is Buell Foundation's known posture on co-investments alongside external GPs?
The foundation acts as a limited partner in multiple vehicles and maintains joint venture arrangements on real estate projects with East West Partners and Taubman.
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