Maria Elizondo Scholarship Trust

Foundation · Grantmaker Montrose, CO EIN: 84-6328479

Maria Elizondo Scholarship Trust is a private foundation, based in Montrose, CO. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 7 grants totaling $128K. Net investment income was $120K.

Key facts about Maria Elizondo Scholarship Trust

EIN: 84-6328479
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $127,500
Grants made (2024): 7
Average grant: $18,214
Median grant: $22,500
Total assets: $1,139,751
Primary geography: Colorado (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Maria Elizondo Scholarship Trust funds

By grant dollars, the top recipient states for Maria Elizondo Scholarship Trust's 7 itemized 2024 grants were Colorado (100%). The most frequent recipient cities were Montrose, CO (4 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Tuition, Fees, Books, Room and Board" (7 grants).

How Maria Elizondo Scholarship Trust gives

Giving grew 21% from 2021 to 2024. Method
In 2024 it paid out 165% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with Maria Elizondo Scholarship Trust

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-1.5% YoY

Annual Giving

$128K

+142.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$18K

+142.4% YoY

Under IRS private-foundation payout rules, Maria Elizondo Scholarship Trust reported a distributable amount of $83K for 2024 — the minimum it must pay out in qualifying distributions.

About Maria Elizondo Scholarship Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $128K (100%)

Share of all 7 itemized 2024 grant dollars.

States

Colorado

Cities

MontrosePalisadeGrand JunctionLomaFruitaOlathe

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,139,751	$1,157,093	$1,205,852
Revenue	$120,134	$81,754	$105,956
Expenses	$137,476	$63,688	$124,290
Qualifying Distributions	$137,476	$58,144	$114,645
Net Investment Income	$120,134	$76,210	$96,311
Distributable Amount	$83,075	$79,171	$88,621

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

28 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Kenneth Gifford ($22,500), Saydeanna Delgado ($22,500), James Cheezum ($22,500).

Recipient	Purpose	Amount
KENNETH GIFFORD Montrose, CO	TUITION, FEES, BOOKS, ROOM AND BOARD	$22,500
SAYDEANNA DELGADO Montrose, CO	TUITION, FEES, BOOKS, ROOM AND BOARD	$22,500
JAMES CHEEZUM Montrose, CO	TUITION, FEES, BOOKS, ROOM AND BOARD	$22,500
BAILEE RITTERBUSH Palisade, CO	TUITION, FEES, BOOKS, ROOM AND BOARD	$22,500
MADELINE MOHLER Grand Junction, CO	TUITION, FEES, BOOKS, ROOM AND BOARD	$15,000
SADIE CORN Olathe, CO	TUITION, FEES, BOOKS, ROOM AND BOARD	$15,000
KATHERINE BORNER Montrose, CO	TUITION, FEES, BOOKS, ROOM AND BOARD	$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Daniel J Lowenberg	Trustee	2	$5,105
Donald R Moreland	Trustee	2	$1,625

Frequently Asked Questions

How large is Maria Elizondo Scholarship Trust?

As of 2024, Maria Elizondo Scholarship Trust holds $1.1M in total assets with $120K in annual revenue. It awarded 7 grants totaling $128K in 2024.

Where does Maria Elizondo Scholarship Trust operate?

Maria Elizondo Scholarship Trust has awarded grants in Colorado.

What size grants does Maria Elizondo Scholarship Trust award?

In 2024, Maria Elizondo Scholarship Trust awarded 7 grants totaling $128K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is Maria Elizondo Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Maria Elizondo Scholarship Trust reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Maria Elizondo Scholarship Trust's EIN?

Maria Elizondo Scholarship Trust's EIN (Employer Identification Number) is 84-6328479. IRS Form 990 filing data is available on this page for 2021–2024.