Stephen Montgomery Scholarship Fund
Stephen Montgomery Scholarship Fund is a private foundation focused on Education, based in Barre, VT. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 2 grants totaling $61K. Net investment income was $48K.
Stephen Montgomery Scholarship Fund at a glance
In short: Stephen Montgomery Scholarship Fund gave $61K across 2 grants in 2025 (avg $31K), mostly in Vermont. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $61,000
- +205.0% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $30,500
- +205.0% vs 2024
- Median grant
- $30,500
- Total assets
- $1,266,778
- -1.3% vs 2024
- Primary geography
- Vermont (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 Stephen Montgomery Scholarship Fund funds
How this funder distributes its grants
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Stephen Montgomery Scholarship Fund gives
- Giving grew 2582% from 2022 to 2025. Method
- In 2025 it paid out 126% 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
From 2022 to 2025, annual grant giving ranged from $2K (2022) to $61K (2025). In 2025 it made 2 grants totaling $61K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 2 individual scholarships Recipients not named | — | $61,000 |
Ready to take the next step with Stephen Montgomery Scholarship Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,266,778 | $60,992 | $77,227 | $61,000 | 2 | $71,354 | $47,987 | $56,804 |
| 2024 | $1,283,013 | $93,308 | $36,261 | $20,000 | 2 | $29,518 | $41,672 | $54,157 |
| 2023 | $1,225,966 | $937,744 | $20,947 | $10,500 | 4 | $17,472 | $82,239 | $26,978 |
| 2022 | $392,426 | $100,437 | $15,662 | $2,274 | 1 | $15,000 | $6,754 | $13,554 |
Under IRS private-foundation payout rules, Stephen Montgomery Scholarship Fund reported a distributable amount of $57K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Stephen Montgomery Scholarship Fund is led by Adrian Otterman, Trustee on every filing since 2022 — the only officer listed, and compensated.
Officers on the 2025 filing
Adrian Otterman
Trustee
On filings since 2022
2.5 hrs/week
$9K (2023) → $13K (2025)
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $13K, to Adrian Otterman (Trustee).
Frequently asked questions about Stephen Montgomery Scholarship Fund
How much does Stephen Montgomery Scholarship Fund give each year?
Stephen Montgomery Scholarship Fund gave $61K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 2 grants.
How large is Stephen Montgomery Scholarship Fund?
Stephen Montgomery Scholarship Fund reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $71K in qualifying distributions that year, against a required minimum of $57K (roughly 5% of its investment assets).
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 2025.
Where does Stephen Montgomery Scholarship Fund operate?
Stephen Montgomery Scholarship Fund has awarded grants in Massachusetts, Vermont.
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 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 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 with grantees in common
Captain James E Turner Jr Usnr Scholarship Tr
Oneonta, NY
The foundation funds scholarships through grants to colleges and universities, with most of its giving going to recipients in New York. In 2025, it made 16 grants ranging from $1,720 to $5,700. It requires a completed scholarship application; the filing lists May 15 as a deadline.
Assets
$713K
Grants
16
Total Given
$35K
Community Foundation of Western Pennsylvania and Eastern Ohio
Sharon, PA
The Community Foundation of Western PA & Eastern OH supports charitable programs in areas such as health, education, human services, arts, and community development. It serves Mercer and Lawrence counties in Pennsylvania and Trumbull County, Ohio; its 2024 grants had a median of $17,750, with amounts ranging from $5,050 to $609,507. It accepts unsolicited requests through a Letter of Intent, with full applications by invitation.
Assets
$153.0M
Grants
358
Total Given
$11.3M
Esther M Chandler Tuw
Dallas, TX
Assets
$295K
Grants
2
Total Given
$13K
Felicia M Delorenzo Scholarship
Boston, MA
The Felicia M. DeLorenzo Scholarship Foundation supports post-secondary education for high school graduates who live in Arlington, Massachusetts, with scholarships recognizing academic achievement, strong work ethic, and community commitment. In 2024, grants ranged from $1,500 to $63,125, with a median of $4,500; the Foundation does not accept unsolicited funding requests.
Assets
$4.6M
Grants
61
Total Given
$367K
Bioindustrial Manufacturing and Design Ecosystem Inc
Emeryville, CA
BioMADE funds research and innovation in domestic bioindustrial manufacturing, workforce development, and efforts to scale and commercialize technologies, with 2025 awards spanning companies and universities in multiple states. Its 2025 grants ranged from $10,209 to $8.83 million, with a median of about $254,000. It uses project calls for member-submitted white papers and invited full proposals; no calls are currently active, and the profile does not state whether it accepts unsolicited requests outside this process.
Assets
$98.8M
Grants
73
Total Given
$37.3M
Miller UA Morey & Helen Schol
Brooklyn, OH
This foundation funds college scholarships for graduating seniors of Rockville High School who have been accepted to a college or university, with recent grants going to schools mainly in Connecticut and nearby states. Its 2026 grants ranged from $1,600 to $61,000, with a median of $7,000; the filing lists an application and directs applicants to contact KeyBank N.A. c/o Agnes Marountas.
Assets
$4.2M
Grants
20
Total Given
$210K
More similar funders
More Funders in Vermont
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Stephen Montgomery Scholarship Fund'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.
Stephen Montgomery Scholarship Fund down — hundreds of funders to go?