Stephen Montgomery Scholarship Fund is a private foundation focused on Education, based in BARRE, VT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 2 grants totaling $20K. Net investment income was $42K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+4.7% YoY
Annual Giving
$20K
+90.5% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$10K
+281.0% YoY
Under IRS private-foundation payout rules, Stephen Montgomery Scholarship Fund reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.
About Stephen Montgomery Scholarship Fund
Based on IRS filings
Stephen Montgomery Scholarship Fund is a private foundation focused on Education, based in BARRE, VT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 2 grants totaling $20K. Net investment income was $42K.
Focus Areas
Ready to take the next step with Stephen Montgomery Scholarship Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,283,013 | $1,225,966 | $392,426 |
| Revenue | $93,308 | $937,744 | $100,437 |
| Expenses | $36,261 | $20,947 | $15,662 |
| Qualifying Distributions | $29,518 | $17,472 | $15,000 |
| Net Investment Income | $41,672 | $82,239 | $6,754 |
| Distributable Amount | $54,157 | $26,978 | $13,554 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Randolph Union High School ($10,800), White River Valley High School ($9,200).
| Recipient | Purpose | Amount |
|---|---|---|
| RANDOLPH UNION HIGH SCHOOL RANDOLPH, VT | SCHOLARSHIPS | $10,800 |
| WHITE RIVER VALLEY HIGH SCHOOL SO ROYALTON, VT | SCHOLARSHIPS | $9,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ADRIAN OTTERMAN | TRUSTEE | 2.5 | $11,822 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Stephen Montgomery Scholarship Fund?
Stephen Montgomery Scholarship Fund is a private foundation focused on Education, based in BARRE, VT. It holds $1.3M in total assets as of 2024.
How large is Stephen Montgomery Scholarship Fund?
As of 2024, Stephen Montgomery Scholarship Fund holds $1.3M in total assets with $93K in annual revenue. It awarded 2 grants totaling $20K in 2024.
Where does Stephen Montgomery Scholarship Fund operate?
Stephen Montgomery Scholarship Fund has awarded grants in Massachusetts, Vermont.
What size grants does Stephen Montgomery Scholarship Fund award?
In 2024, Stephen Montgomery Scholarship Fund awarded 2 grants totaling $20K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Stephen Montgomery Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Stephen Montgomery Scholarship Fund reported a distributable amount of $54K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Stephen Montgomery Scholarship Fund's EIN?
Stephen Montgomery Scholarship Fund's EIN (Employer Identification Number) is 85-6775101. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Stephen Montgomery Scholarship Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Captain James E Turner Jr Usnr Scholarship Tr
ONEONTA, NY
Assets
$724K
Grants
13
Total Given
$29K
Community Foundation of Western
SHARON, PA
Assets
$153.0M
Grants
358
Total Given
$11.3M
Esther M Chandler Tuw
DALLAS, TX
Assets
$284K
Grants
2
Total Given
$11K
Felicia M Delorenzo Scholarship
BOSTON, MA
Assets
$4.6M
Grants
61
Total Given
$367K
Bioindustrial Manufacturing and Design
EMERYVILLE, CA
Assets
$37.6M
Grants
56
Total Given
$42.3M
Miller Ua Morey & Helen Schol
BROOKLYN, OH
Assets
$4.3M
Grants
21
Total Given
$182K
Cflibotte Lvng Tr Memorial Scholars Cx7633
RAYNHAM, MA
Assets
$74K
Grants
1
Total Given
$2K
Altres Foundation
HONOLULU, HI
Assets
—
Grants
78
Total Given
$514K
Summit View Research Foundation
WHITE PLAINS, NY
Assets
$316
Grants
1
Total Given
$50K
Milton L Williams Trust Uw
BOSTON, MA
Assets
$372K
Grants
7
Total Given
$16K
Mary Nichols Trust Uw Charitable Trust
BOSTON, MA
Assets
$139K
Grants
4
Total Given
$10K
Mark Goodwin Memorial Trust
BROOKLYN, OH
Assets
$176K
Grants
11
Total Given
$32K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Stephen Montgomery Scholarship Fund on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Stephen Montgomery Scholarship Fund to a real strategy.