Diana Davis Spencer Foundation
The Diana Davis Spencer Foundation, headquartered in Bethesda, Maryland, is a private family foundation founded in 2007. With over $1.5 billion in assets, it provides grants to promote national security, entrepreneurship, self-reliance, free enterprise, and the arts, among other causes. The foundation focuses on empowering individuals, supporting military and intelligence communities, and advancing education and public policy. It is managed by a small team including family members and professional staff, serving a range of organizations aligned with its mission.
Investment Strategy
The foundation operates a mission-driven grantmaking strategy aimed at strengthening U.S. national security, supporting entrepreneurship and innovation, and enhancing quality of life through investments in education, public policy, arts, health, and environmental preservation. It emphasizes empowering individuals, fostering self-reliance, and defending economic and political liberties. The grants typically fund U.S.-based organizations and initiatives that align with these core values, guided by the board’s belief in freedom and individual responsibility.
Top Holdings
Equity Positions (4)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BND | VANGUARD BD INDEX FD INC | 40.56% | $118.4M | 1,608,100 | $82.37 | $73.63 | +$289.5K |
B BIV | VANGUARD BD INDEX FD INC | 37.78% | $110.3M | 1,426,000 | $84.20 | $77.34 | +$1.1M |
V VCLT | VANGUARD SCOTTSDALE FDS | 11.99% | $35.0M | 461,000 | $90.62 | $75.90 | -$4.6K |
V VOO | VANGUARD INDEX FDS | 9.67% | $28.2M | 49,675 | $501.28 | $568.03 | +$2.7M |