Adams State University Foundation Inc
The Adams State University Foundation exists to promote and further the interests, objectives and purposes of the university; to seek and receive gifts, legacies and grants of money or property and to administer such for the benefit of the university.
Adams State University Foundation Inc at a glance
In short: Adams State University Foundation Inc gave $1.8M across 3 grants in 2025 (avg $596K), mostly in Colorado. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,787,860
- -7.4% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $595,953
- -7.4% vs 2024
- Median grant
- $244,798
- Total assets
- $41,969,402
- +9.1% vs 2024
- Primary geography
- Colorado (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Adams State University Foundation Inc
Open Grants
7 open opportunities from Adams State University Foundation Inc
Adams State University Presidential Teacher Award
Adams State University Foundation Inc
Amount
$1,500 per recipient
Deadline
Deadline not published
Boundless Opportunity Scholarships
Adams State University Foundation Inc
Amount
$2,000 per student
Deadline
Deadline not published
Concurrent Enrollment Teaching Initiative
Adams State University Foundation Inc
Amount
$100,000
Deadline
Deadline not published
Who Adams State University Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Adams State University ($1.8M across 3 grants).
Grant Size Distribution
15 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 15 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Adams State University Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−2%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.5M (2021) to $1.9M (2024). In 2025 it made 3 grants totaling $1.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Adams State University Alamosa, CO | Scholarship Money | $1,415,302 |
| Adams State University Alamosa, CO | Athletic Development | $244,798 |
| Adams State University Alamosa, CO | Acedemic Department Programs | $127,760 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $41,969,402 | $5,592,625 | $2,802,127 | $1,787,860 | 3 | $3,331,199 |
| 2024 | $38,478,754 | $8,066,797 | $2,754,093 | $1,931,654 | 3 | $1,269,547 |
| 2023 | $29,975,684 | $2,962,500 | $2,584,111 | $1,860,644 | 3 | $627,089 |
| 2022 | $27,757,984 | $4,294,888 | $2,640,015 | $1,823,258 | 3 | $1,391,833 |
| 2021 | $31,147,861 | $5,663,085 | $2,294,097 | $1,493,787 | 3 | $2,639,304 |
| 2020 | $24,585,513 | $3,421,304 | $2,584,233 | $1,641,079 | 4 | $1,113,470 |
| 2019 | $23,547,078 | $3,378,625 | $2,400,220 | $1,728,251 | 7 | $1,099,406 |
About Adams State University Foundation Inc
Based on IRS filings
Adams State University Foundation Inc is a public charity focused on Education, based in Alamosa, CO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $42.0M in total assets. In 2025, it awarded 3 grants totaling $1.8M. Net investment income was $3.3M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Adams State University Foundation Inc is led by Joe Martinez, President since 2025 (on filings since 2019); none of the 15 officers listed in 2025 report compensation.
Officers on the 2025 filing
Joe Martinez
President
Secretary & Treasurer → Vice President, 2024
Vice President → President, 2025
On filings since 2019
1 hr/week
No compensation reported
Tammy Lopez
Executive Director
On filings since 2019
40 hrs/week
No compensation reported
Dorothy Lucero
Board Member
On filings since 2019
0.3 hrs/week
No compensation reported
Fred Bunch
Secretary & Treasurer
Board Member → Secretary & Treasurer, 2025
On filings since 2019
0.3 hrs/week
No compensation reported
Richard Scanga
Board Member
On filings since 2019
0.3 hrs/week
No compensation reported
Ron Howard
Board Member
President → Board Member, 2024
On filings since 2019
0.3 hrs/week
No compensation reported
Jesse Torres
Board Member
On filings since 2021
0.3 hrs/week
No compensation reported
BUFFIE McFADYEN
Board Member
On filings since 2022
0.3 hrs/week
No compensation reported
Ed Ortega
Board Member
On filings since 2024
0.3 hrs/week
No compensation reported
Joshua Cody
Vice President
Board Member → Vice President, 2025
On filings since 2024
1 hr/week
No compensation reported
Kim Marvel
Board Member
On filings since 2024
0.3 hrs/week
No compensation reported
William Rakow
Board Member
On filings since 2024
0.3 hrs/week
No compensation reported
Chas Moeller
Board Member
New on the 2025 filing
0.3 hrs/week
No compensation reported
Elizabeth Suarez
Board Member
New on the 2025 filing
0.4 hrs/week
No compensation reported
Jan Mangum
Board Member
New on the 2025 filing
0.3 hrs/week
No compensation reported
Former officers (22)
- Former: Chuck Houser (2019–2024) — Board Member
- Former: Ed Crowther (2019–2024) — President
- Former: Keith Cerny (2019–2024) — Board Member
- Former: Cheryl Schroeder (2022–2024) — Secretary & Treasurer
- Former: Jennifer Chavez (2022–2024) — Board Member
- Former: Tyree Walton (2022–2024) — Board Member
- Former: Bill Fassett (2019–2023) — Board Member
- Former: Duane Bussey (2019–2023) — Board Member
- Former: John McDaniel (2019–2023) — Vice President
- Former: Jenny Cooper (2021–2023) — Board Member
- Former: Josh Cody (2022–2023) — Board Member
- Former: Cathy Mullens (2019–2022) — Board Member
- Former: Chuck Owsley (2019–2021) — Board Member
- Former: Glenn Burnham (2019–2021) — Board Member
- Former: Jeni Jack Goodwin (2019–2021) — Secretary
- Former: BUFFIE McFAYDEN (2021) — Board Member
- Former: Kathy Woods (2021) — Board Member
- Former: Dale Hettinger (2019–2020) — Board Member
- Former: Genevieve Cooper (2019–2020) — Board Member
- Former: Don Stegman (2019) — Board Member
- Former: Michelle Roepke (2019) — Board Member
- Former: Valerie Finnegan (2019) — Board Member
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Adams State University Foundation Inc
How much does Adams State University Foundation Inc give each year?
Adams State University Foundation Inc gave $1.8M across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.9M across 3 grants.
What is Adams State University Foundation Inc's typical grant size?
Adams State University Foundation Inc's median grant in 2025 was $244,798, and its average grant was $595,953, across 3 grants on its 2025 IRS Form 990.
Where does Adams State University Foundation Inc give grants?
Adams State University Foundation Inc gives mostly in Colorado: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Alamosa, CO (3 grants).
Does Adams State University Foundation Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Adams State University Foundation Inc's 2025 IRS Form 990 were described as general or operating support.
How large is Adams State University Foundation Inc?
Adams State University Foundation Inc reported $42.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.6M.
What is Adams State University Foundation Inc?
Adams State University Foundation Inc is a public charity focused on Education, based in Alamosa, CO. It holds $42.0M in total assets as of 2025.
What is Adams State University Foundation Inc's EIN?
Adams State University Foundation Inc's EIN (Employer Identification Number) is 84-6027518. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS February 11, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS January 6, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 4, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 21, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS October 30, 2025)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Adams State University Foundation Inc's focus areas in our free grants database
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Adams State University Foundation Inc down — hundreds of funders to go?