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Nick H Gray Scholarship Trust is a private trust based in LITTLETON, CO. The foundation received its IRS ruling in 2020. The principal officer is % Michael Gray. It holds total assets of $16M. Annual income is reported at $13.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Nick H Gray Scholarship Trust has made 3 grants totaling $1.9M, with a median grant of $900K. Annual giving has grown from $54K in 2021 to $1.8M in 2023. Individual grants have ranged from $54K to $900K, with an average award of $618K. Grant recipients are concentrated in Colorado. Contributions to this foundation are tax-deductible.
Nick H Gray Scholarship Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CO.
Nick H Gray Scholarship Trust has distributed a total of $1.9M across 3 grants. The median grant size is $900K, with an average of $618K. Individual grants have ranged from $54K to $900K.
Nick H Gray Scholarship Trust typically selects its grantees rather than accepting unsolicited proposals. The application deadline is Application deadline is the first week of January for the following school year. Applicant restrictions are available online at montrosecf.org.
Nick H Gray Scholarship Trust is headquartered in LITTLETON, CO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lezlee Cox | CO-TRUSTEE | $600 | $0 | $600 |
| Nancie Rotherham | CO-TRUSTEE | $300 | $0 | $300 |
| Marvin Huston Jr | CO-TRUSTEE | $0 | $0 | $0 |
| Michael Gray | CO-TRUSTEE | $0 | $0 | $0 |
Total Giving
$840K
Total Assets
$15.8M
Fair Market Value
$16.5M
Net Worth
$15.8M
Grants Paid
$766K
Contributions
$23K
Net Investment Income
$705K
Distribution Amount
$803K
Total: $0
Total Grants
3
Total Giving
$1.9M
Average Grant
$618K
Median Grant
$900K
Unique Recipients
1
Most Common Grant
$900K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Montrose Community FoundationSCHOLARSHIP PROGRAM | Montrose, CO | $900K | 2023 |
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