Diana Davis Spencer Foundation

“Our Sacred Honor”

The mission of the Diana Davis Spencer Foundation is based on a speech given by Shelby Cullom Davis, entitled “Our Sacred Honor,” in reference to text in the U.S. Declaration of Independence. Davis espoused conservative political and economic values, but particularly social values, including the preservation of Christian-based moral principles in private and public life. Davis asserted that the foundation of national governance is personal morality, and cited historian Edward Gibbon’s assessment of the causes of the fall of the Roman Empire, including the undermining of the “sanctitiy of the home,” “the mad craze for pleasure,” and the “decline of religion.”¹

Davis warned:¹

The average span of the world’s great civilizations has been 200 years. It is a sobering fact that the United States is now more than 200 years old. This cycle of decline and decay is not inevitable. It depends on us! How much do we love our country?¹

The Foundation’s website expresses opposition to “the growth of big government” arguing that “to guarantee their political, social, and economic freedoms, Americans must rediscover and apply their founding values.”²

Diana Davis Spencer

Diana Davis Spencer is the daughter of Shelby Cullom Davis, an investment banker who served as U.S. Ambassador to Switzerland in the Nixon and Ford administrations and as chairman of the Heritage Foundation board from 1985 through 1992,³ and Kathryn Wasserman Davis, an author and philanthropist.⁴ In 2013, the Diana Davis Spencer Foundation gave $26 million to the Heritage Foundation to support the Kathryn and Shelby Cullom Davis Institute for International Studies at Heritage.⁵

Diana Davis Spencer graduated from the Masters School and Wheaton College and is a former trustee of both schools.⁶⁷⁸ In addition, she is a current or former member of the Wilson Center National Cabinet, a former board member of the Network for Teaching Entrepreneurship,⁹ a member of the board of visitors of the Federalist Society,¹⁰ and chairman of the U.S. Advisory Council of the American Swiss Foundation.¹¹¹² The Independent Women’s Forum announced that it would honor her with a lifetime achievement award in 2022.¹³

In 2019, Diana Davis Spencer announced that her foundation would only make grants to universities that supported free and open debate. “Colleges and universities must allow free speech on campuses and encourage students to inquire and question all sides of an issue,” she said.  “Otherwise, democracy is doomed.” ¹⁴

Abby Spencer Moffat

Abby Spencer Moffat is the CEO of the Diana Davis Spencer Foundation and the daughter of Diana Davis Spencer. She is a trustee of the Heritage Foundation and a board member of the Media Research Center¹⁵.¹⁶¹⁷

In a 2022 interview with the Philanthropy Roundtable, Abby Spencer Moffat stated that “we bring an entrepreneurial mindset to everything we do…we recognize that entrepreneurship is key to developing the next generation of talent.” She added that “we lock arms with our grantees to help them grow and develop. The resources we provide include human resource support, development, marketing and communications and strategy. In that way we are not just investing in innovative ideas or dynamic leaders, we are serving as full-service consultants incubating successful models.”¹⁸

Two grantees Abby Spencer Moffat said exemplified that entrepreneurship were Code 3, which provides a way for police in low-income communities to help “officers and community members…to know one another not as enemies but as people,” and the Mysa School, which “uses technology to customize learning.”¹⁸

Support for Military History

The Diana Davis Spencer Foundation has been a donor to an effort by the U.S. World War I Centennial Commission to build a national memorial in Washington, D.C. to commemorate America’s efforts in that war. Other foundations contributing to this effort include the Lilly Endowment; the Starr, Marriott, and Richard Lounsbery Foundations; and the Carnegie Corporation of New York. ¹⁹

The foundation also gives grants to National History Day, in which teams of students and teachers from across America travel to the University of Maryland in a national contest to present papers about different aspects of American military history. In 2019, the topic was “Legacies of World War I,” honoring the centennial of the end of that war. ²⁰ In 2020, students went to Hawaii to research the lives of soldiers buried at the National Memorial Cemetery of the Pacific in Honolulu. Other donors to National History Day include the Crown Family Foundation, the National Endowment for the Humanities, and Southwest Airlines. ²¹

Grants

In 2023, the Diana Davis Spencer Foundation donated $10 million to the Hazelden Betty Ford Foundation, a nonprofit for substance abuse treatment, to build a National Center for Family and Children.²²

In 2022, the Foundation donated $3 million and a $1 million challenge grant to the American Council of Trustees and Alumni (ACTA) to “address the free speech crisis” by supporting students and alumni at universities with a “stifling campus climate.” In 2015, ACTA had received a $5 million grant from the Foundation.²³

In 2021, the Foundation donated $200,000 to the International Spy Museum in Washington, D.C.²⁴

In 2019, the Foundation gave six grants of over $1 million to the Daniel Morgan Academy ($5.4 million), the Daniel Morgan School of National Security ($4.6 million), DonorsTrust ($2 million), the Mysa School ($1.4 million), the Center for Education Reform ($1.2 million), and the Foundation for Excellence in Higher Education ($1 million).²⁵

External Advisors

Four of the Diana Davis Spencer Foundation’s six “external advisors” are employees of Graystone Consulting, a financial consulting branch of Morgan Stanley.²⁶