Monfort Family Foundation

Private foundation · Grantmaker Eaton, CO EIN: 23-7068253

The Monfort Family Foundation is a family-directed charitable organization established in 1970 by Warren and Edith Monfort. Based in Eaton, Colorado, it makes grants to tax-exempt organizations for worthwhile programs and projects, with a focus on Weld County and its residents.

Key facts about Monfort Family Foundation

In short: Monfort Family Foundation gave $1.5M across 5 grants in 2024 (avg $310K), mostly in Colorado. Source: 2024 IRS Form 990-PF.

EIN
23-7068253
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,548,000
Grants made (2024)
5
Average grant
$309,600
Median grant
$228,000
Total assets
$7,335,672
Primary geography
Colorado (94% of itemized 2024 grant dollars)
How to apply
Contact Becky Maag and submit the Monfort Family Foundation Grant Application Guidelines. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

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.

How Monfort Family Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−11%). Method
  • In 2024 it paid out 274% of its IRS minimum distribution (the 5% rule). Method

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

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s grant objectives include promoting education and providing aid to disadvantaged people. Its trustees support tax-exempt organizations. Among its 2024 grantees, United Way of Weld County describes its mission as building partnerships for lasting community-wide change and helping households succeed; the American Cancer Society describes its mission as improving the lives of people with cancer and their families through advocacy, research, and patient support.

Grantmaking

In 2024, the foundation reported five grants totaling $1,548,000. Awards ranged from $10,000 to $700,000, with a median of $228,000. The largest grants were $700,000 to University of Northern Colorado Foundation for student programs, $510,000 to United Way of Weld County for general operations, and $228,000 to Colorado State University Foundation for student programs. Other grants were $100,000 to the American Cancer Society for general operations and $10,000 to Junior Achievement–Rocky Mountain for general operations.

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Geographic Focus

Where this funder awards grants

Northern Colorado is preferred, especially Weld County. In 2024, 94% of grant dollars went to Colorado recipients and 6% to Georgia recipients.

Grant Distribution by State

2states

Share of all 5 itemized 2024 grant dollars.

Cities

GreeleyFort CollinsLovelandAtlantaAuroraBoulder

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M7 grants20206 grants20216 grants20228 grants20235 grants2024

From 2020 to 2024, annual grant giving ranged from $1.5M (2024) to $1.7M (2021). In 2024 it made 5 grants totaling $1.5M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

University of Northern CO Foundatio: $700KUniversity of Northern COFoundatio$700KUnited Way of Weld County: $510KUnited Way of Weld County$510KColorado State University Foundatio: $228KColorado State UniversityFoundatio$228KAmerican Cancer Society: $100KAmerican Cancer Society$100KJunior Achievement - Rocky Mountain: $10KJunior Achievement - RockyMountain$10K

The largest 2024 recipient was University of Northern CO Foundatio ($700K). Together the top 5 received $1.5M.

Grant Size Distribution

32 grants across all recorded years

15<$50K$50–100K3$100–250K7$250–500K7$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 32 (47%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Northern CO Foundatio Greeley, COStudent Programs$700,000
United Way of Weld County Greeley, COGeneral Operations$510,000
Colorado State University Foundatio Fort Collins, COStudent Programs$228,000
American Cancer Society Atlanta, GAGeneral Operations$100,000
Junior Achievement - Rocky Mountain Loveland, COGeneral Operations$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $7,335,672 $1,426,516 $1,690,104 $1,548,000 (5)
2023 $7,719,611 $1,160,306 $1,778,029 $1,613,000 (8)
2022 $10,334,797 $1,069,281 $1,778,458 $1,606,000 (6)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M20202021202220232024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Kyle A. Futo as president, Charlie K. Monfort as vice president, and Richard A. Monfort as secretary/treasurer.

Monfort Family Foundation is led by Kyle A. Futo, President since 2024 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kyle A. Futo

    President

    Vice President → President, 2024

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Charlie K Monfort

    Vice President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Richard A Monfort

    Secretary & Treasurer

    New on the 2024 filing

    5 hrs/week

    No compensation reported

Former officers (3)
  • Former: Dick Monfort (2020–2023) — Treasurer
  • Former: Kaye C Monfort (2020–2023) — President
  • Former: Myra Monfort (2020–2023) — Secretary

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Becky Maag
Mailing address: 134 Oak Avenue, Eaton, CO 80615
Phone: (970) 454-1358

Frequently asked questions about Monfort Family Foundation

How much does Monfort Family Foundation give each year?

Monfort Family Foundation gave $1.5M across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.6M across 8 grants.

What is Monfort Family Foundation's typical grant size?

Monfort Family Foundation's median grant in 2024 was $228,000, and its average grant was $309,600, across 5 grants on its 2024 IRS Form 990-PF.

Where does Monfort Family Foundation give grants?

Monfort Family Foundation gives mostly in Colorado: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Georgia (6%). The most frequent recipient cities were Greeley, CO (2 grants).

Does Monfort Family Foundation give general operating support?

Yes: 60% of Monfort Family Foundation's 2024 grants with a stated purpose (3 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Monfort Family Foundation's largest grantees?

Monfort Family Foundation's largest 2024 grantees include University of Northern CO Foundatio ($700,000), United Way of Weld County ($510,000) and Colorado State University Foundatio ($228,000), according to its 2024 IRS Form 990-PF. Together they received 93% of its itemized 2024 grant dollars.

How large is Monfort Family Foundation?

Monfort Family Foundation reported $7.3M in total assets on its 2024 IRS Form 990-PF. It paid out $1.6M in qualifying distributions that year, against a required minimum of $588K (roughly 5% of its investment assets).

What does Monfort Family Foundation fund?

The foundation’s grant objectives include promoting education and providing aid to disadvantaged people. Its trustees support tax-exempt organizations. See mission & focus areas ↑

How do I apply for a grant from Monfort Family Foundation?

Contact Becky Maag and submit the Monfort Family Foundation Grant Application Guidelines. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.

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

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