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Molly Grether Fund is a private corporation based in SALIDA, CO. The foundation received its IRS ruling in 2017. The principal officer is Robert Grether. It holds total assets of $64K. Annual income is reported at $4K. Total assets have decreased from $401K in 2019 to $123K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Colorado. According to available records, Molly Grether Fund has made 14 grants totaling $342K, with a median grant of $14K. Annual giving has decreased from $110K in 2020 to $10K in 2023. Grantmaking activity was highest in 2021 with $180K distributed across 6 grants. Individual grants have ranged from $1K to $75K, with an average award of $24K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Colorado. Contributions to this foundation are tax-deductible.
Smallest Grant
$12K
Median Grant
$27K
Average Grant
$37K
Largest Grant
$72K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Molly Grether Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in CO.
Molly Grether Fund has distributed a total of $342K across 14 grants. The median grant size is $14K, with an average of $24K. Individual grants have ranged from $1K to $75K.
Molly Grether Fund typically selects its grantees rather than accepting unsolicited proposals.
Molly Grether Fund is headquartered in SALIDA, CO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Katy Grether | SECRETARY | $0 | $0 | N/A |
| Mark Ligon | MEMBER | $0 | $0 | N/A |
| Lee Ligon | TREASURER | $0 | $0 | N/A |
| Robert Grether | PRESIDENT | $0 | $0 | N/A |
Total Giving
$11K
Total Assets
$123K
Fair Market Value
$123K
Net Worth
$123K
Grants Paid
$10K
Contributions
$11K
Net Investment Income
$4K
Distribution Amount
$6K
Total Grants
14
Total Giving
$342K
Average Grant
$24K
Median Grant
$14K
Unique Recipients
8
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| GuidestonePURSUIT OF EXEMPT PURPOSE | Salida, CO | $10K | 2023 |
| Chaffee County Community FoundationPURSUIT OF EXEMPT PURPOSE | Buena Vista, CO | $25K | 2022 |
| Salida Circus Outreach FdnPURSUIT OF EXEMPT PURPOSE | Salida, CO | $1K | 2022 |
| Soil Sangre De CristoPURSUIT OF EXEMPT PURPOSE | Salida, CO | $1K | 2022 |
| Chaffee Co Boys And Girls ClubPURSUIT OF EXEMPT FUNCTION | Salida, CO | $50K | 2021 |
| Hannah NelsonSCHOLARSHIP | Canon City, CO | $14K | 2021 |
| StarpointPURSUIT OF EXEMPT PURPOSE | Salida, CO | $5K | 2021 |
| Slow Money InstitutePURSUIT OF EXEMPT PURPOSE | Boulder, CO | $1K | 2021 |