Bright Futures logo

Bright Futures

Foundation · Grantmaker Telluride, CO EIN: 20-2169766 Website

Bright futures provides resources to improve the lives of children and families. Bright futures works to increase the quality, accessibility and availability for early care and education in san miguel, ouray, montrose, delta and san juan counties. Bright futures offers aligned, collaborative and integrated services across key systems of family support and early childhood care and education.

Key facts about Bright Futures

In short: Bright Futures gave $766K across 9 grants in 2025 (avg $85K), mostly in Colorado. Source: 2025 IRS Form 990 filing.

EIN
20-2169766
Latest 990 filing
Form 990 filing, 2025
Annual giving (2025)
$766,361
Grants made (2025)
9
Average grant
$85,151
Median grant
$64,178
Total assets
$1,367,122
Primary geography
Colorado (100% of itemized 2025 grant dollars)
Next open deadline
February 28, 2027 (Capacity Building Grants)

Data from IRS Form 990 filing, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 filing · View filing

Total Assets

$1.4M

+6.0% YoY

Annual Giving

$766K

+35.2% YoY

Grant Count

9

+0.0% YoY

Avg Grant Size

$85K

+35.2% YoY

How Bright Futures gives

  • Giving grew 72% from 2022 to 2025. Method

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

About Bright Futures

Based on IRS filings

Bright Futures is a nonprofit organization focused on Human Services, based in Telluride, CO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 9 grants totaling $766K. Net investment income was $21K.

Focus Areas

Open Grants

2 open opportunities from Bright Futures

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 9 itemized 2025 grant dollars.

States

Cities

TellurideNorwoodMountain Village

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K1 grants20209 grants20218 grants20228 grants20239 grants20249 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Primetime Early Learning Center: $210KPrimetime Early LearningCenter$210KMountain Munchkins: $157KMountain Munchkins$157KRainbow Preschool: $91KRainbow Preschool$91KTelluride Preschool: $85KTelluride Preschool$85KMountain Sprouts: $64KMountain Sprouts$64KBeehive Family Child Care: $58KBeehive Family Child Care$58KElaine's Place Telluride LLC: $47KElaine's Place Telluride LLC$47KRascals Toddler Program: $27KRascals Toddler Program$27KTelluride District Preschool: $27KTelluride District Preschool$27K

Grant Size Distribution

43 grants across all recorded years

19<$50K20$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
PRIMETIME EARLY LEARNING CENTER Norwood, COSEE COMMENT ABOVE.$209,601
MOUNTAIN MUNCHKINS Mountain Village, COSEE COMMENT ABOVE.$156,938
RAINBOW PRESCHOOL Telluride, COSEE COMMENT ABOVE.$91,039
TELLURIDE PRESCHOOL Telluride, COSEE COMMENT ABOVE.$85,405
MOUNTAIN SPROUTS Telluride, COSEE COMMENT ABOVE.$64,178
BEEHIVE FAMILY CHILD CARE Telluride, COSEE COMMENT ABOVE.$58,310
ELAINE'S PLACE TELLURIDE LLC Telluride, COFUNDS USED TO SUPPORT PROFESSIONAL DEVELOPMENT , FINANCIAL ASSISTANCE TO FAMILIES FOR CHILDCARE, AS WELL AS CAPACITY BUILDING AND QUALITY IMPROVEMENT TO CHILDCARE PROVIDERS.$46,643
RASCALS TODDLER PROGRAM Telluride, COSEE COMMENT ABOVE.$27,184
TELLURIDE DISTRICT PRESCHOOL Telluride, COSEE COMMENT ABOVE.$27,063

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M202020212022202320242025
Metric202520242023
Total Assets$1,367,122$1,289,151$1,290,369
Revenue$2,592,249$2,665,718$2,535,134
Expenses$2,623,772$2,465,921$2,362,053
Qualifying Distributions———
Net Investment Income$20,875$16,740$3,729
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Bright Futures is led by Kathleen Merritt, Executive Director on every filing since 2020; 1 of 6 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Kathleen Merritt

    Executive Director

    On filings since 2020

    40 hrs/week

    $99K (2020) → $156K (2025)

  • Matthew Bayma

    Board Chair

    Board Secretary → Board Treasurer, 2022

    Board Treasurer → Board Chair, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Susan Altman

    Board Member

    Board Chair → Board Member, 2025

    On filings since 2020

    1 hr/week

    $1K (2024) → $0 (2025)

  • Alison Wright

    Board Treasurer & Secretary

    Board Treasurer → Board Secretary, 2022

    Board Secretary → Board Treasurer & Secretary, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gloria Chavira

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Heather Young

    Board Vice Chair

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Mark Betts (2020–2022) — Board Vice Chair
  • Former: Kritsen O'Brien (2021) — Board Member · Filing note: Resigned 3/2021
  • Former: Kristen O'Brian (2020) — Board Secretary

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Kathleen Merritt — Executive Director: $156KKathleen MerrittExecutive Director$156K

Frequently asked questions about Bright Futures

How much does Bright Futures give each year?

Bright Futures gave $766K across 9 grants in 2025, according to its 2025 IRS Form 990 filing. In 2024 it gave $567K across 9 grants.

What is Bright Futures's typical grant size?

Bright Futures's median grant in 2025 was $64,178, and its average grant was $85,151, across 9 grants on its 2025 IRS Form 990 filing.

Where does Bright Futures give grants?

Bright Futures gives mostly in Colorado: 100% of the grant dollars itemized on its 2025 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Telluride, CO (7 grants).

Does Bright Futures give general operating support?

Not in 2025: none of the 9 grants with a stated purpose on Bright Futures's 2025 IRS Form 990 filing were described as general or operating support. Recurring purposes include "See Comment Above." (8 grants).

Who are Bright Futures's largest grantees?

Bright Futures's largest 2025 grantees include Primetime Early Learning Center ($209,601), Mountain Munchkins ($156,938) and Rainbow Preschool ($91,039), according to its 2025 IRS Form 990 filing. Together they received 60% of its itemized 2025 grant dollars.

How large is Bright Futures?

Bright Futures reported $1.4M in total assets on its 2025 IRS Form 990 filing. Its revenue that year was $2.6M.

What is Bright Futures?

Bright Futures is a nonprofit organization focused on Human Services, based in Telluride, CO. It holds $1.4M in total assets as of 2025.

What is Bright Futures's EIN?

Bright Futures's EIN (Employer Identification Number) is 20-2169766. IRS Form 990 filing data is available on this page for 2020–2025.

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

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