SUMMIT54
The organization's mission is to improve Colorado's economy and society through effective, efficient, and accountable investments in education.
SUMMIT54 at a glance
In short: SUMMIT54 gave $738K across 1 grant in 2025 (avg $738K), mostly in Massachusetts. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $737,550
- +4.8% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $737,550
- +4.8% vs 2024
- Median grant
- $737,550
- Total assets
- $1,552,632
- +1.9% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who SUMMIT54 funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Entrepreneurial Ventures in Educ ($738K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $500K–1M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How SUMMIT54 gives
- Giving held roughly steady from 2022 to 2025 (−12%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $26K (2020) to $834K (2022). In 2025 it made 1 grant totaling $738K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Entrepreneurial Ventures in Educ Quincy, MA | Program Support | $737,550 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,552,632 | $982,106 | $953,385 | $737,550 | 1 | $21,294 |
| 2024 | $1,524,071 | $925,310 | $956,579 | $704,025 | 1 | $35,696 |
| 2023 | $1,556,830 | $1,060,177 | $922,379 | $704,025 | 1 | $17,351 |
| 2022 | $1,417,382 | $680,569 | $966,733 | $834,025 | 1 | $1,311 |
| 2021 | $1,703,761 | $978,171 | $882,334 | $662,325 | 1 | $686 |
| 2020 | $1,607,859 | $917,154 | $312,157 | $25,726 | 1 | $1,369 |
| 2019 | $1,003,023 | $1,092,103 | $737,499 | $666,953 | 1 | $2,437 |
About SUMMIT54
Based on IRS filings
SUMMIT54 is a public charity focused on Education, based in Aspen, CO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 1 grant totaling $738K. Net investment income was $21K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
SUMMIT54 is led by Terri Caine, Chair on every filing since 2019; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Terri Caine
Chair
On filings since 2019
30 hrs/week
No compensation reported
Estela Lopez Gudino
Director
On filings since 2019
2 hrs/week
No compensation reported
Gretchen Cole
Director
On filings since 2019
2 hrs/week
No compensation reported
Soledad Hurst
Director
On filings since 2019
2 hrs/week
No compensation reported
Michael Solondz
Director
On filings since 2022
2 hrs/week
No compensation reported
Romina Chissum Lagos
Director
On filings since 2023
2 hrs/week
No compensation reported
Lex Tarumianz
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Richard Vossler
Treasurer
Director → Treasurer, 2021
On filings since 2019
2 hrs/week
No compensation reported
Ron Olsen
Secretary
On filings since 2019
2 hrs/week
No compensation reported
Former officers (5)
- Former: Fred Lodge (2019–2024) — Vice President
- Former: Amy Lederman Vershleiser (2024) — Director
- Former: Ricardo Zavala Gomez (2020–2022) — Director
- Former: Jon Fox-Rubin (2019–2021) — Director
- Former: Lynda Weiser (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "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 SUMMIT54
How much does SUMMIT54 give each year?
SUMMIT54 gave $738K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $704K across 1 grant.
How large is SUMMIT54?
SUMMIT54 reported $1.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $982K.
What is SUMMIT54?
SUMMIT54 is a public charity focused on Education, based in Aspen, CO. It holds $1.6M in total assets as of 2025.
Where does SUMMIT54 operate?
SUMMIT54 has awarded grants in Massachusetts.
What is SUMMIT54's EIN?
SUMMIT54's EIN (Employer Identification Number) is 27-2978700. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 23, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS April 25, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 4, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 30, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS May 18, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in SUMMIT54's focus areas in our free grants database
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