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.
Key facts about Al and Joyce Johnston Scholarship Fund - Trust B
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.
- EIN
- 32-6474616
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $233,348
- Grants made (2024)
- 17
- Average grant
- $13,726
- Median grant
- $10,000
- New grantees (estimate)
- 18% first-time grantees (3 of 17, 2024; small sample)
- Total assets
- $666,785
- Primary geography
- Colorado (79% of itemized 2024 grant dollars)
- How to apply
- The 2024 filing lists schools’ standard scholarship application forms as the application materials. Full details ↓
- Deadline
- April 1, 2024 was the deadline stated on the filing; this is a past cycle.
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$667K
-28.6% YoY
Annual Giving
$233K
+14.9% YoY
Grant Count
17
+13.3% YoY
Avg Grant Size
$14K
+1.4% YoY
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.
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.
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.
Review Cycle
April 1, 2024 was the deadline stated on the filing; this is a past cycle.
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.
Ready to take the next step with Al and Joyce Johnston Scholarship Fund - Trust B?
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
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.
Grant Insights
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%).
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2024 | $666,785 | $71 | $262,404 | $233,348 | 17 |
| 2023 | $933,359 | $250,401 | $228,181 | $203,000 | 15 |
| 2022 | $936,139 | $11,864 | $204,599 | $166,350 | 17 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $666,785 | $933,359 | $936,139 |
| Revenue | $71 | $250,401 | $11,864 |
| Expenses | $262,404 | $228,181 | $204,599 |
| Qualifying Distributions | $233,348 | $203,000 | $166,350 |
| Net Investment Income | $71 | $246,801 | — |
| Distributable Amount | $41,056 | $45,709 | $66,204 |
Data update history
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
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.
Contact
Application contact: Al And Joyce Johnston Scholarship F
Mailing address: PO Box 186, Telluride, CO 81435
Phone: (970) 729-1147
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.
Here's the math on researching Al and Joyce Johnston Scholarship Fund - Trust B by hand.
Explore Open Grants
Browse active grant opportunities in Al and Joyce Johnston Scholarship Fund - Trust B's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Daniels Fund
Denver, CO
The Daniels Fund supports nonprofits working in aging, amateur sports, disabilities, addiction, early childhood and K–12 education, homelessness, and youth development. Its 2024 grants had a median of about $14,000, primarily for organizations in Colorado, New Mexico, Utah, and Wyoming; select national-impact programs are also eligible, by invitation only.
Assets
$1.4B
Grants
1,593
Total Given
$69.7M
Tulsa Community Foundation
Tulsa, OK
Tulsa Community Foundation supports charitable causes through donor-advised grants and selected funds, including scholarships, emergency assistance, disaster relief, arts and humanities, healthcare, and financial literacy, primarily in the Tulsa metro area and eastern Oklahoma, with some giving elsewhere in the United States. Its 2024 median grant was $18,560; selected field-of-interest funds have application cycles, but the profile does not state whether it accepts unsolicited requests generally.
Assets
$1.1B
Grants
1,066
Total Given
$158.6M
Ernst & Young Foundation
New York, NY
Ernst & Young Foundation supports higher education through employee and partner matching gifts, as well as educational and special-project grants, including research, education forums, and programs that expand educational opportunity. In 2025, it made 637 grants ranging from $5,056 to $316,005, with a median of $13,525, to recipients across multiple states; the largest shares went to New York, Texas, California, Michigan, and Pennsylvania. The profile does not state whether it accepts unsolicited requests.
Assets
$47.6M
Grants
637
Total Given
$16.7M
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Grant Thornton Foundation
Chicago, IL
In 2024, the Grant Thornton Foundation funded general support, educational institutions, and disaster relief, awarding 10 grants of $1,575 to $41,450 (median $19,060). It is based in Chicago, with 2024 grants concentrated in California, Arizona, and Florida. The foundation gives only to preselected organizations and does not accept unsolicited requests.
Assets
$224K
Grants
10
Total Given
$181K
Culver's Foundation Inc
Prairie Du Sac, WI
The foundation funds community needs, youth and families, local initiatives, and scholarships for Culver’s team members, with a strong local focus in Wisconsin and grants also reaching other states. In 2024, grants ranged from $2,500 to $250,000, with a median of $10,000. It accepts applications through an online process and does not restrict giving to preselected organizations.
Assets
$8.1M
Grants
83
Total Given
$1.3M
Research Corporation dba Research
Tucson, AZ
Research Corporation supports early-stage basic scientific research, especially in the physical sciences, and academic scientists at colleges and universities in the United States and Canada. Its 2024 grants had a median of $55,000, with awards ranging from $74 to $193,142; the profile does not state whether it accepts unsolicited requests.
Assets
$241.5M
Grants
165
Total Given
$8.0M
Colorado Gives Foundation
Arvada, CO
Colorado Gives Foundation funds nonprofits serving Jefferson County in areas including food security, early care and education, workforce development, housing, health and convenient neighborhoods; it also offers statewide nonprofit capacity-building support. Typical giving varies widely: its 2024 median grant was $17,814, while Thriving Jeffco Responsive Grant awards ranged from $2,500 to $100,000. It accepts applications through listed grant opportunities, but whether it accepts unsolicited requests is not stated.
Assets
$527.1M
Grants
2,211
Total Given
$91.0M
Christian Community Foundation Inc
Colorado Springs, CO
WaterStone supports domestic and international nonprofits, including Christian ministries and charitable and educational organizations, through donor-directed grants; eligible organizations must be IRS-recognized 501(c)(3)s whose mission aligns with its Statement of Faith. Its 2025 grants had a median of $20,000, with awards ranging from $5,028 to $11 million, and were concentrated in Texas and Colorado. Grant recommendations come from donor-advised fund holders; the profile does not state that it accepts unsolicited requests.
Assets
$746.4M
Grants
1,651
Total Given
$161.8M
The Denver Foundation
Denver, CO
The Denver Foundation supports nonprofits working in economic opportunity, environment and climate, housing, and youth well-being, with an emphasis on racial equity and historically underserved communities in the seven-county Metro Denver region. Its Community Grants typically range from $20,000 to $50,000; the 2024 median across reported grants was $26,500. The profile does not state whether it accepts unsolicited requests.
Assets
$1.3B
Grants
1,184
Total Given
$131.7M
The Bold Foundation Inc
Denver, CO
The Bold Foundation supports access to higher education and academic research through scholarships, fellowships, grants, and other student funding for students around the country. Its typical giving level is not stated, and the available information does not say whether it accepts unsolicited requests.
Assets
$4.9M
Grants
769
Total Given
$1.2M
More Funders in Colorado
Al and Joyce Johnston Scholarship Fund - Trust B down — hundreds of funders to go?