Falling Colors Foundation

Private foundation · Grantmaker Santa Fe, NM EIN: 81-4800271

Falling Colors Foundation is a private foundation, based in Santa Fe, NM. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.6M in total assets. Net investment income was $6K.

Falling Colors Foundation at a glance

Total assets
$1,620,186
+968.5% vs 2024
Revenue (2025)
$1,471,207
+3169.3% vs 2024
Net investment income (2025)
$6,177
Expenses (2025)
$2,654
-49.1% vs 2024
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Falling Colors Foundation funds

How this funder distributes its grants

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 2 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Santa FeAlbuquerqueEspanolaSilver City

How Falling Colors Foundation gives

  • Giving held roughly steady from 2020 to 2023 (+13%). Method
  • In 2023 it paid out 499% of its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K3 grants2019 2 grants2020 0 grants2021 0 grants2022 2 grants2023 0 grants2024 0 grants2025

From 2019 to 2023, annual grant giving ranged from $27K (2020) to $43K (2019). In 2023 it made 2 grants totaling $30K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
New Mexico Wildlife Federation Albuquerque, NMCharitable$15,000
Tewa Women United Espanola, NMCharitable$15,000
Your AI grants department

Ready to take the next step with Falling Colors Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,620,186$1,471,207$2,654———$6,177$24,455
2024$151,633$45,000$5,212————$6,201
2023$111,845$25,000$41,708$30,0002$30,000—$6,016
2022$128,553—$13,399————$6,661
2021$141,952—$13,725————$7,334
2020$155,677$263,900$232,679$26,5002——$9,714
2019$124,456—$53,290$42,6853——$7,941

Under IRS private-foundation payout rules, Falling Colors Foundation reported a distributable amount of $24K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Falling Colors Foundation is led by Jorie Koster-Hale, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jorie Koster-Hale

    President

    On filings since 2019

    No compensation reported

  • Mindy Hale

    Vice President

    On filings since 2019

    No compensation reported

  • Pamela Koster

    Secretary

    Secretary & Treasurer → Secretary, 2023

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Falling Colors Foundation

How large is Falling Colors Foundation?

Falling Colors Foundation reported $1.6M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $1.5M.

Where does Falling Colors Foundation operate?

Falling Colors Foundation has awarded grants in New Mexico.

How much is Falling Colors Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Falling Colors Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Falling Colors Foundation's EIN?

Falling Colors Foundation's EIN (Employer Identification Number) is 81-4800271. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS July 14, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 21, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 18, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS January 30, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 16, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Explore Open Grants

Browse active grant opportunities in Falling Colors Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common

Santa Fe Community Foundation

Santa Fe, NM

The Santa Fe Community Foundation funds 501(c)(3) nonprofits working in health, education, economic opportunity, the environment, arts and culture, and other community priorities; its main focus is Mora, Rio Arriba, San Miguel, and Santa Fe counties, though some funds support work statewide. In 2024, grants ranged from $5,250 to $1,517,500, with a median of $16,006. It accepts proposals through competitive grant cycles and fund-specific opportunities; no grants were open at the time described.

Assets

$144.1M

Grants

302

Total Given

$12.4M

Carroll Petrie Foundation

Santa Fe, NM

The Carroll Petrie Foundation funds animal welfare and humane treatment, wildlife protection, habitat conservation, and related environmental work, with a focus on New Mexico and the Southwest. Its 2024 grants ranged from $2,000 to $3,862,500, with a median of $50,000. It funds preselected organizations by invitation only and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$320.6M

Grants

115

Total Given

$14.2M

Lenfestey Family Foundation Inc

Green Bay, WI

The foundation’s grants span arts and culture, environmental and climate work, community foundations, and humanitarian relief, with recent giving concentrated in Minnesota and also reaching Michigan, Washington, DC, and other states. In 2025, grants ranged from $500 to $10,000, with a $2,000 median. The filing says it has no standard application process and does not restrict giving to preselected organizations.

Assets

$2.2M

Grants

74

Total Given

$217K

Conservation Lands Foundation

Durango, CO

Conservation Lands Foundation funds nonprofit, community-based organizations working to protect, restore, and expand BLM-managed National Conservation Lands, including advocacy, stewardship, urgent conservation work, and organizational development. In 2025, grants ranged from $7,000 to $410,000, with a median of $25,000; its work spans states with National Conservation Lands, including California, New Mexico, Colorado, Utah, and Nevada. It does not accept unsolicited requests; grants are by invitation.

Environment & Animals

Assets

$11.2M

Grants

53

Total Given

$2.5M

Con Alma Health Foundation Inc

Santa Fe, NM

Con Alma Health Foundation funds New Mexico nonprofits working to improve health equity, access to care, culturally appropriate services, and community health systems. Its 2024 grants ranged from $1,000 to $46,250, with a median of $20,000; it invites nonprofits to apply through its grant programs.

Assets

$33.6M

Grants

56

Total Given

$1.0M

S B Foundation

Lamy, NM

S B Foundation supports environmental and watershed conservation, habitat restoration, trails, environmental education, and survivor services. Its 2024 grants ranged from $5,000 to $40,000, with a median of $10,000, and were concentrated in New Mexico and Alaska, with additional funding in several other states. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$8.9M

Grants

43

Total Given

$465K

More similar funders

More Funders in New Mexico

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Falling Colors Foundation'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.

Falling Colors Foundation down — hundreds of funders to go?

Want AI to do this for you?