The Greater Denfeld Foundation was established in 1971 with an original goal of raising $250,000 for scholarships for Denfeld Students. By 2001 it had assets of $175,000. That was the year longtime Denfeld teacher and 1925 graduate, Marie Saltwick, bequeathed $2.7 million to the foundation, to fund the first renewable scholarship. In 2006, Mr. Armond Hauge, a 1946 graduate, died and left Denfeld $3.2 million to start another renewable scholarship fund. All told, The Greater Denfeld Foundation now has assets of over $8 million, with more than $2 million awarded to Denfeld students to date. The Greater Denfeld Foundation Awards are one-time awards given out during Honors Night each spring.