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.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$42.0M
+9.1% YoY
Annual Giving
$1.8M
-7.4% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$596K
-7.4% YoY
About Adams State University Foundation Inc
Based on IRS filings
Adams State University Foundation Inc is a nonprofit organization focused on Education, based in ALAMOSA, CO. IRS filing data is available from 2020 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $41,969,402 | $38,478,754 | $29,975,684 |
| Revenue | $5,592,625 | $8,066,797 | $2,962,500 |
| Expenses | $2,802,127 | $2,754,093 | $2,584,111 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,331,199 | $1,269,547 | $627,089 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
15 grants across all recorded years
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
Rolling / Open
Boundless Opportunity Scholarships
ADAMS STATE UNIVERSITY FOUNDATION INC
Amount
$2,000 per student
Deadline
Rolling / Open
Concurrent Enrollment Teaching Initiative
ADAMS STATE UNIVERSITY FOUNDATION INC
Amount
$100,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TAMMY LOPEZ | Executive Direc | 40 | — |
| FRED BUNCH | SEC/TREAS | 0.25 | — |
| JOE MARTINEZ | President | 1 | — |
| KIM MARVEL | BOARD MEMBER | 0.25 | — |
| JAN MANGUM | BOARD MEMBER | 0.25 | — |
| CHAS MOELLER | BOARD MEMBER | 0.25 | — |
| ELIZABETH SUAREZ | BOARD MEMBER | 0.35 | — |
| BUFFIE McFADYEN | BOARD MEMBER | 0.25 | — |
| WILLIAM RAKOW | BOARD MEMBER | 0.25 | — |
| JOSHUA CODY | Vice President | 1 | — |
| JESSE TORRES | BOARD MEMBER | 0.25 | — |
| RICHARD SCANGA | BOARD MEMBER | 0.25 | — |
| ED ORTEGA | BOARD MEMBER | 0.25 | — |
| RON HOWARD | BOARD MEMBER | 0.25 | — |
| DOROTHY LUCERO | BOARD MEMBER | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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