George W. Clayton College (Denver, Colo.)

Founded in Denver, Colo. with endowment from George W. Clayton (1833-1899). Established to assist white males between the ages of six and ten, of reputable families whose fathers had died, to become useful citizens and honorable members of society. Funds and property were held by the City and County of Denver (Colo.) and managed by the George W. Clayton Trust Commission. Reached peak in enrollment during the mid 1930s. By 1980, investigative reporters charged the city with mismanaging the Trust funds and selling Clayton College's land below value. In 1982 Denver (Colo.) City Council voted to remove the city as trust managers and control given to chancellor.