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Montera Endowed Scholarship Fund is a private corporation based in EATON, CO. The foundation received its IRS ruling in 2005. The principal officer is Joseph A Hoff. It holds total assets of $542K. Annual income is reported at $209K. Total assets have grown from $420K in 2011 to $542K in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. According to available records, Montera Endowed Scholarship Fund has made 12 grants totaling $42K, with a median grant of $4K. Annual giving has grown from $10K in 2021 to $32K in 2022. Individual grants have ranged from $1K to $5K, with an average award of $4K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Colorado and Nebraska. Contributions to this foundation are tax-deductible.
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.
Montera Endowed Scholarship Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in CO, NE.
Montera Endowed Scholarship Fund has distributed a total of $42K across 12 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $1K to $5K.
Montera Endowed Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals. Grants provided under an employer-related program to children of employees of the employer to which the program relates pursuant to Rev. Proc. 76-47.
Montera Endowed Scholarship Fund is headquartered in EATON, CO. While based in CO, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard A Montera | President | $0 | $0 | N/A |
| Richard L Monfort | Sec/Treas | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$542K
Fair Market Value
N/A
Net Worth
$542K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
12
Total Giving
$42K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
5
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Colorado State UniversityScholarship | Fort Collins, CO | $5K | 2022 |
| Tom EnglemanMEDICAL AIDE | Gering, NE | $3K | 2022 |
| John KorreyMEDICAL AIDE | Iliff, CO | $3K | 2022 |
| Aims Community CollegeScholarship | Greeley, CO | $1K | 2022 |
| University Of Colorado-Colorado SprSCHOLARSHIP | Colorado Springs, CO | $5K | 2021 |