Al and Joyce Johnston Scholarship
Al and Joyce Johnston Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TELLURIDE, CO. IRS filing data is available from 2018 through 2024. As of 2024, the organization holds $667K in total assets. In 2024, it awarded 17 grants totaling $233K. Net investment income was $71.
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 reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
About Al and Joyce Johnston Scholarship
Based on IRS filings
Al and Joyce Johnston Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TELLURIDE, CO. IRS filing data is available from 2018 through 2024. As of 2024, the organization holds $667K in total assets. In 2024, it awarded 17 grants totaling $233K. Net investment income was $71.
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 | 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
81 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Colorado Mesa University ($57,098), University of Colorado ($45,000), Fort Lewis College ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAL POLY UNIVERSITY SAN LUIS OBISPO, CA | COLLEGE SCHOLARSHIP | $5,000 |
| COLORADO MESA UNIVERSITY GRAND JUNCTION, CO | COLLEGE SCHOLARSHIP | $57,098 |
| COLORADO SCHOOL OF MINES GOLDEN, CO | COLLEGE SCHOLARSHIP | $10,000 |
| COLORADO STATE UNIVERSITY FORT COLLINS, CO | COLLEGE SCHOLARSHIP | $20,000 |
| FORT LEWIS COLLEGE DURANGO, CO | COLLEGE SCHOLARSHIP | $25,000 |
| REGIS UNIVERSITY DENVER, CO | COLLEGE SCHOLARSHIP | $10,000 |
| UCCS COLORADO SPRINGS, CO | COLLEGE SCHOLARSHIP | $1,250 |
| UNIVERSITY OF COLORADO BOULDER, CO | COLLEGE SCHOLARSHIP | $45,000 |
| UNIVERSITY OF HAWAII AT MANOA HONOLULU, HI | COLLEGE SCHOLARSHIP | $5,000 |
| UNIVERSITY OF PITTSBURGH PITTSBURGH, PA | COLLEGE SCHOLARSHIP | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT KORN | TRUSTEE | 0.5 | $2,000 |
| JOHN ROTH | TRUSTEE | 1.5 | $12,300 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Al and Joyce Johnston Scholarship?
Al and Joyce Johnston Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TELLURIDE, CO. It holds $667K in total assets as of 2024.
How large is Al and Joyce Johnston Scholarship?
As of 2024, Al and Joyce Johnston Scholarship holds $667K in total assets with $71 in annual revenue. It awarded 17 grants totaling $233K in 2024.
Where does Al and Joyce Johnston Scholarship operate?
Al and Joyce Johnston Scholarship has awarded grants in Arizona, California, Colorado, Hawaii, Indiana, Montana, North Dakota, Nebraska, Oregon, Pennsylvania, South Dakota, Texas, Utah, Washington.
What size grants does Al and Joyce Johnston Scholarship award?
In 2024, Al and Joyce Johnston Scholarship awarded 17 grants totaling $233K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Al and Joyce Johnston Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Al and Joyce Johnston Scholarship reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Al and Joyce Johnston Scholarship's EIN?
Al and Joyce Johnston Scholarship's EIN (Employer Identification Number) is 32-6474616. IRS Form 990 filing data is available on this page for 2018–2024.
Explore Open Grants
Browse active grant opportunities in Al and Joyce Johnston Scholarship's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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