Monfort Family Foundation
The Monfort Family Foundation is a private family foundation established in 1970 by Warren and Edith Monfort, pioneers in the Weld County beef industry. Based in Eaton, Colorado, the foundation operates as a 501(c)(3) organization and has been tax-exempt since April 1971.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.3M
-5.0% YoY
Annual Giving
$1.5M
-4.0% YoY
Grant Count
5
-37.5% YoY
Avg Grant Size
$310K
+53.6% YoY
Under IRS private-foundation payout rules, Monfort Family Foundation reported a distributable amount of $588K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation funds efforts in the following areas:
- Education — particularly higher education institutions
- Arts and Humanities — developing and supporting cultural institutions
- Scientific Research — conducting research into the causes, treatment, and prevention of life-threatening diseases
- Aid to the Disadvantaged — providing support for those in need
The foundation maintains a strong commitment to Colorado-based organizations and institutions.
Grantmaking
In 2023, the foundation made six grants totaling approximately $1.6 million, including:
How to Apply
The foundation does not maintain a public website and lacks formal transparency regarding grant application procedures. However, the foundation is open to contact, and networking with family members may be beneficial for prospective applicants.
Ready to take the next step with Monfort Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Colorado, with particular emphasis on:
- Weld County
- Aurora
- Boulder
- Fort Collins
- Greeley
- Loveland
- Denver
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Current Assets and Activity (2024)
- Total Assets: $7.34 million
- Total Revenue: $1.43 million
- Total Expenses: $1.69 million
- Total Liabilities: $797,000
Investment Income
The foundation generates revenue primarily through investment income and gains from asset sales rather than contributions. In 2023, investment income and dividends totaled $258,456, with net gains from sale of non-inventory assets at $901,845.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,335,672 | $7,719,611 | $10,334,797 |
| Revenue | $1,426,516 | $1,160,306 | $1,069,281 |
| Expenses | $1,690,104 | $1,778,029 | $1,778,458 |
| Qualifying Distributions | $1,611,207 | $1,688,304 | $1,683,449 |
| Net Investment Income | $1,363,311 | $1,085,003 | $991,831 |
| Distributable Amount | $587,848 | $575,794 | $716,736 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Northern CO Foundatio ($700,000), United Way of Weld County ($510,000), Colorado State University Foundatio ($228,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Colorado State University Foundatio Fort Collins, CO | Student Programs | $228,000 |
| University of Northern CO Foundatio Greeley, CO | Student Programs | $700,000 |
| United Way of Weld County Greeley, CO | General Operations | $510,000 |
| JUNIOR ACHIEVEMENT - ROCKY MOUNTAIN LOVELAND, CO | GENERAL OPERATIONS | $10,000 |
| AMERICAN CANCER SOCIETY ATLANTA, GA | GENERAL OPERATIONS | $100,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is currently run by family member trustees:
- Kaye Monfort — President
- Charlie Monfort — Vice President
- Kyle Monfort Futo — Vice President
- Dick Monfort — Treasurer
- Myra Monfort — Secretary
All board members serve on a voluntary basis without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KYLE A FUTO | President | 5 | — |
| Charlie K Monfort | Vice President | 5 | — |
| Richard A Monfort | Sec/Treasurer | 5 | — |
Recent News & Activity
Recent developments and announcements
The Monfort family has continued its philanthropic legacy through significant donations to educational institutions. Notable recent gifts include contributions to establish the Charlie Monfort Field at America First Ballpark at the University of Utah and ongoing support for Colorado State University's excellence initiatives.
Significant Donation Establishes Charlie Monfort Field at America First BallparkFrequently Asked Questions
What does Monfort Family Foundation fund?
The foundation funds efforts in the following areas: • **Education** — particularly higher education institutions • **Arts and Humanities** — developing and supporting cultural institutions • **Scientific Research** — conducting research into the causes, treatment, and prevention of life-threatening diseases • **Aid to the Disadvantaged** — providing support for those in need The foundation maintains a strong commitment to Colorado-based organizations and institutions.
How do I apply for a grant from Monfort Family Foundation?
• **Typical Award Range:** $1,000 to $700,000 • **Most Common Type:** General operating support • **Other Types:** Program support and capital expenditure support In 2023, the foundation made six grants totaling approximately $1.6 million, including: • United Way of Weld County: $575,000 (general operations) • The Colorado Mission of Mercy: $20,000 (general operations) • Project 127: $20,000 (general operations) The foundation has established significant funding mechanisms at Colorado instituti…
Where does Monfort Family Foundation make grants?
The foundation primarily funds organizations in Colorado, with particular emphasis on: • Weld County • Aurora • Boulder • Fort Collins • Greeley • Loveland • Denver
What size grants does Monfort Family Foundation award?
In 2024, Monfort Family Foundation awarded 5 grants totaling $1.5M — an average of about $310K per grant, based on its IRS Form 990 filings.
How much is Monfort Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Monfort Family Foundation reported a distributable amount of $588K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Monfort Family Foundation's EIN?
Monfort Family Foundation's EIN (Employer Identification Number) is 23-7068253. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Monfort Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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