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Aequitas Education

Public charity · Grantmaker Gallup, NM EIN: 83-1080761 Website

Supporting high-quality education in the liberal arts for all people.Classical Learning: Proper education does not rely on modern tricks or gimmicks for learning, but rather on the self-discipline of students and the natural joy of learning the True, the Good, and the Beautiful.High Expectations: Proper education is one that upholds a standard of excellence and is based on the truth that students will achieve their best potential when challenged with high expectations.Moral Character: Students educated in a holistic program are more likely to develop a strong moral character and live a life of virtue.Civic Virtue: Students should be taught not only how to excel in academics, but also how to excel in their communities and how to act for the Common Good of all.

Key facts about Aequitas Education

In short: Aequitas Education gave $120K across 2 grants in 2024 (avg $60K), mostly in Oklahoma. Source: 2024 IRS Form 990.

EIN
83-1080761
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$120,000
Grants made (2024)
2
Average grant
$60,000
Median grant
$60,000
Total assets
$8,502,031
Primary geography
Oklahoma (70% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$8.5M

-0.5% YoY

Annual Giving

$120K

Grant Count

2

Avg Grant Size

$60K

How Aequitas Education gives

  • Giving fell 50% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Aequitas Education

Based on IRS filings

Aequitas Education is a public charity focused on Education, based in Gallup, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.5M in total assets. In 2024, it awarded 2 grants totaling $120K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

GallupAlbuquerqueHulbert

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K3 grants2020 3 grants2021 2 grants2022 0 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $120K (2024) to $395K (2022). In 2024 it made 2 grants totaling $120K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Fnd for the Annunciation: $84KFnd for the Annunciation$84KSacred Heart Cathedral: $36KSacred Heart Cathedral$36K

The largest 2024 recipient was Fnd for the Annunciation ($84K). Together the top 2 received $120K.

Grant Size Distribution

10 grants across all recorded years

1<$50K5$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 5 grants of 10 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fnd for the Annunciation Hulbert, OKOperation grant$84,000
Sacred Heart Cathedral Gallup, NMOperation grant$36,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$250K$500K$750K$1M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$8,502,031$8,540,718$7,740,158
Revenue$898,668$719,209$542,741
Expenses$452,165$305,518$672,748

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS April 11, 2022)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 12, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 8, 2023)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 5, 2025)
  5. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Aequitas Education is led by Patrick T Mason, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Patrick T Mason

    President

    On filings since 2020

    12 hrs/week

    No compensation reported

  • Lance Tanner

    Director

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Shane Terrill

    Secretary & Treasurer

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Joshua Montagnini

    Vice President

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Michael D Byrne (2020–2023) — Vice President

Data from IRS Form 990 filings, 2020–2024. "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 Aequitas Education

How much does Aequitas Education give each year?

Aequitas Education gave $120K across 2 grants in 2024, according to its 2024 IRS Form 990.

How large is Aequitas Education?

Aequitas Education reported $8.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $899K.

What is Aequitas Education?

Aequitas Education is a public charity focused on Education, based in Gallup, NM. It holds $8.5M in total assets as of 2024.

Where does Aequitas Education operate?

Aequitas Education has awarded grants in New Mexico, Oklahoma.

What is Aequitas Education's EIN?

Aequitas Education's EIN (Employer Identification Number) is 83-1080761. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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