The Daniels Fund was established in 2000 as a generous legacy of Bill Daniels. The fund operates the Daniels Fund Grants Program and the Daniels Fund Scholarship Program in Colorado, New Mexico, Utah, and Wyoming.
The fund envisions a world where every individual has an equal opportunity to live a healthy, productive life. With that, they are commited to partner with individuals, organizations, and communities to recognize inherent value, develop abilities, and provide opportunities in order to fulfill their collective potential.
Since the fund was established, they were able to give out over 2,000 Daniels Scholars. In 2010, the Daniels Fund had already awarded $377,343,453 worth of grants.
Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, cannot be tackled by questioning the return on investment.