Al and Joyce Johnston Scholarship Fund - Trust B
The Al and Joyce Johnston Scholarship is a private foundation based in Telluride, Colorado. It made 17 grants totaling $233,348 in 2024, with the listed grant purposes identifying college scholarships.
Al and Joyce Johnston Scholarship Fund - Trust B at a glance
In short: Al and Joyce Johnston Scholarship Fund - Trust B gave $233K across 17 grants in 2024 (avg $14K), mostly in Colorado. 18% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $233,348
- +14.9% vs 2023
- Grants made (2024)
- 17
- +13.3% vs 2023
- Average grant
- $13,726
- +1.4% vs 2023
- Median grant
- $10,000
- Total assets
- $666,785
- -28.6% vs 2023
- New grantees (estimate)
- 18% first-time grantees (3 of 17, 2024; small sample)
- Primary geography
- Colorado (79% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Al and Joyce Johnston Scholarship Fund - Trust B
- How to Apply
-
The 2024 filing lists schools’ standard scholarship application forms as the application materials. It describes awards of $10,000–$15,000 for four years for students in Telluride and Norwood.
- Review Cycle
- April 1, 2024 was the deadline stated on the filing; this is a past cycle.
- Deadline
- April 1, 2024 was the deadline stated on the filing; this is a past cycle.
- Contact
Application contact: Al And Joyce Johnston Scholarship F
Mailing address: PO Box 186, Telluride, CO 81435
Phone: (970) 729-1147
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Al and Joyce Johnston Scholarship Fund - Trust B funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Colorado Mesa University ($57K). Together the top 10 received $202K.
Organizations only. It also paid 1 individual scholarship ($5,000), which are not listed by name.
Grant Size Distribution
81 grants across all recorded years
The most common grant size was under $50K: 79 grants of 81 (98%).
Geographic Focus
Where this funder awards grants
The filing reports that 79% of 2024 grant dollars went to recipients in Colorado. The remaining listed shares were California (4%), Pennsylvania (4%), Washington (4%), and Hawaii (2%). Grants also went to institutions in other states, including Utah.
Grant Distribution by State
Share of 2024 grant dollars across all 17 itemized grants.
States
Cities
Is Al and Joyce Johnston Scholarship Fund - Trust B open to new grantees?
18%
first-time grantees, 2024
In 2024, 3 of 17 grantees (18%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $5K; repeat grants $16K. How we count
Medians: $5K first-time, $10K repeat.
- 76% of 2024 grantees were also funded in 2023. Method
- Giving grew 54% from 2021 to 2024. Method
- In 2024 it paid out 568% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2018–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2018 to 2024, annual grant giving ranged from $65K (2018) to $233K (2024). In 2024 it made 17 grants totaling $233K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Colorado Mesa University Grand Junction, CO | College Scholarship | $57,098 |
| University of Colorado Boulder, CO | College Scholarship | $45,000 |
| Fort Lewis College Durango, CO | College Scholarship | $25,000 |
| Colorado State University Fort Collins, CO | College Scholarship | $20,000 |
| Colorado School of Mines Golden, CO | College Scholarship | $10,000 |
| Regis University Denver, CO | College Scholarship | $10,000 |
| University of Pittsburgh Pittsburgh, PA | College Scholarship | $10,000 |
| University of Washington Seattle, WA | College Scholarship | $10,000 |
| Westminster College Salt Lake City, CO | College Scholarship | $10,000 |
| Cal Poly University San Luis Obispo, CA | College Scholarship | $5,000 |
Ready to take the next step with Al and Joyce Johnston Scholarship Fund - Trust B?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $666,785 | $71 | $262,404 | $233,348 | 17 | $233,348 | $71 | $41,056 |
| 2023 | $933,359 | $250,401 | $228,181 | $203,000 | 15 | $203,000 | $246,801 | $45,709 |
| 2022 | $936,139 | $11,864 | $204,599 | $166,350 | 17 | $166,350 | — | $66,204 |
| 2021 | $1,099,633 | $16,649 | $199,160 | $151,650 | 16 | $151,650 | — | $69,100 |
| 2020 | $1,282,144 | $23,083 | $187,223 | $151,000 | 16 | — | — | $75,593 |
| 2018 | $1,568,903 | $97,795 | $110,072 | $64,500 | 14 | — | — | $75,055 |
Under IRS private-foundation payout rules, Al and Joyce Johnston Scholarship Fund - Trust B reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No separate mission statement for the foundation is provided. Its 2024 grants were identified as college scholarships and went to universities and colleges. For example, Colorado Mesa University describes its mission as administering property for the university’s benefit, while Regis University describes its mission as building a more just and humane world through Jesuit Catholic education. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In 2024, the foundation gave $233,348 through 17 grants. Grants ranged from $1,250 to $57,098, with a median grant of $10,000. Its largest awards included $57,098 to Colorado Mesa University, $45,000 to the University of Colorado, $25,000 to Fort Lewis College, and $20,000 to Colorado State University. Each was listed for a college scholarship.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Robert Korn and John Roth as trustees.
Al and Joyce Johnston Scholarship Fund - Trust B's 2024 filing lists 2 officers; all 2 officers listed in 2024 are compensated.
Officers on the 2024 filing
John Roth
Trustee
On filings since 2018
1.5 hrs/week
$11K (2018) → $12K (2024)
Robert Korn
Trustee
On filings since 2018
0.5 hrs/week
$4K (2018) → $2K (2024)
Data from IRS Form 990 filings, 2018–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $12K, to John Roth (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Al and Joyce Johnston Scholarship Fund - Trust B
How much does Al and Joyce Johnston Scholarship Fund - Trust B give each year?
Al and Joyce Johnston Scholarship Fund - Trust B gave $233K across 17 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $203K across 15 grants.
What is Al and Joyce Johnston Scholarship Fund - Trust B's typical grant size?
Al and Joyce Johnston Scholarship Fund - Trust B's median grant in 2024 was $10,000, and its average grant was $13,726, across 17 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Al and Joyce Johnston Scholarship Fund - Trust B that year got $5K on average.
Where does Al and Joyce Johnston Scholarship Fund - Trust B give grants?
Al and Joyce Johnston Scholarship Fund - Trust B gives mostly in Colorado: 79% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Al and Joyce Johnston Scholarship Fund - Trust B give general operating support?
Not in 2024: none of the 17 grants with a stated purpose on Al and Joyce Johnston Scholarship Fund - Trust B's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "College Scholarship" (17 grants).
Who are Al and Joyce Johnston Scholarship Fund - Trust B's largest grantees?
Al and Joyce Johnston Scholarship Fund - Trust B's largest 2024 grantees include Colorado Mesa University ($57,098), University of Colorado ($45,000) and Fort Lewis College ($25,000), according to its 2024 IRS Form 990-PF. It also paid 1 individual scholarship ($5,000), which are not listed by name. Together they received 54% of its itemized 2024 grant dollars.
How large is Al and Joyce Johnston Scholarship Fund - Trust B?
Al and Joyce Johnston Scholarship Fund - Trust B reported $667K in total assets on its 2024 IRS Form 990-PF. It paid out $233K in qualifying distributions that year, against a required minimum of $41K (roughly 5% of its investment assets).
What does Al and Joyce Johnston Scholarship Fund - Trust B fund?
No separate mission statement for the foundation is provided. Its 2024 grants were identified as college scholarships and went to universities and colleges. See mission & focus areas ↑
How do I apply for a grant from Al and Joyce Johnston Scholarship Fund - Trust B?
The 2024 filing lists schools’ standard scholarship application forms as the application materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Al and Joyce Johnston Scholarship Fund - Trust B's EIN?
Al and Joyce Johnston Scholarship Fund - Trust B's EIN (Employer Identification Number) is 32-6474616. IRS Form 990 filing data is available on this page for 2018–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2018 (received by the IRS November 15, 2019)
- IRS filings on file for fiscal years 2018–2024
Live grants for the work Al and Joyce Johnston Scholarship Fund - Trust B funds
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Cite this profile
Grantable. (2026). Al and Joyce Johnston Scholarship Fund - Trust B funder profile. GrantGraph. Retrieved October 24, 2026, from https://grantable.co/funders/al-and-joyce-johnston-scholarship-fund-trust-b-morg_32c6e890146a4679b8e65332b5523bd4
BibTeX
@misc{grantable_326474616_2026,
author = {{Grantable}},
title = {{Al and Joyce Johnston Scholarship Fund - Trust B funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/al-and-joyce-johnston-scholarship-fund-trust-b-morg_32c6e890146a4679b8e65332b5523bd4},
note = {Accessed 2026-10-24. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Al and Joyce Johnston Scholarship Fund - Trust B's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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