Otis Schools Scholarship Trust

Private foundation · Grantmaker Otis, CO EIN: 38-3954824

Otis Schools Scholarship Trust is a private foundation focused on Education, based in Otis, CO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $151K in total assets. In 2025, it awarded 1 grant totaling $8K. Net investment income was $7K.

Otis Schools Scholarship Trust at a glance

In short: Otis Schools Scholarship Trust gave $8K across 1 grant in 2025 (avg $8K), mostly in Colorado. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$8,000
+6.7% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$8,000
+6.7% vs 2024
Median grant
$8,000
Total assets
$150,752
-0.9% vs 2024
Primary geography
Colorado (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Otis Schools Scholarship Trust funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Otis School District: $8KOtis School District$8K

The largest 2025 recipient was Otis School District ($8K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Otis

How Otis Schools Scholarship Trust gives

  • Giving fell 47% from 2022 to 2025. Method
  • In 2025 it paid out 108% 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$10K$20K$30K4 grants2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $7K (2023) to $30K (2021). In 2025 it made 1 grant totaling $8K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Otis School District Otis, COSupport higher education.$8,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$150,752$6,562$8,000$8,0001$8,000$6,562$7,389
2024$152,190$8,063$7,500$7,5001$7,500$8,063$7,390
2023$151,627$7,912$7,000$7,0001$7,000$7,912$7,371
2022$150,715$2,664$15,000$15,0001$15,000$2,664$7,752
2021$163,051$88$30,000$30,0001$30,000$88$8,705
2020$192,963$624$8,504$8,0004—$533$9,705

Under IRS private-foundation payout rules, Otis Schools Scholarship Trust reported a distributable amount of $7K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Otis Schools Scholarship Trust is led by Chad Gross, President since 2023 (on filings since 2021); none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Chad Gross

    President

    Director → President, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Noelle Corman

    Director

    Treasurer → Secretary, 2022

    Secretary → Director, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Cory Ringlein

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ryan Price

    Secretary

    Secretary → Treasurer, 2022

    Treasurer → Secretary, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Amy Ison

    Treasurer

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Beth Wells (2020–2022) — President
  • Former: Aaron Metzler (2020) — Treasurer

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.

Frequently asked questions about Otis Schools Scholarship Trust

How much does Otis Schools Scholarship Trust give each year?

Otis Schools Scholarship Trust gave $8K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 1 grant.

How large is Otis Schools Scholarship Trust?

Otis Schools Scholarship Trust reported $151K in total assets on its 2025 IRS Form 990-PF. It paid out $8K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).

What is Otis Schools Scholarship Trust?

Otis Schools Scholarship Trust is a private foundation focused on Education, based in Otis, CO. It holds $151K in total assets as of 2025.

Where does Otis Schools Scholarship Trust operate?

Otis Schools Scholarship Trust has awarded grants in Colorado.

What is Otis Schools Scholarship Trust's EIN?

Otis Schools Scholarship Trust's EIN (Employer Identification Number) is 38-3954824. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 25, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 5, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS June 5, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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

Figures come from Otis Schools Scholarship Trust'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.

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