The Addy Foundation
The Addy Foundation is a private foundation based in Carbondale, Colorado. Created in 2018 by Wally and Kristen Graham in memory of Addy Graham, it supports arts programs at nonprofit organizations in Colorado.
Key facts about The Addy Foundation
In short: The Addy Foundation gave $180K across 12 grants in 2025 (avg $15K), mostly in Colorado. 8% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 83-2331700
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $180,000
- Grants made (2025)
- 12
- Average grant
- $15,000
- Median grant
- $15,000
- New grantees (estimate)
- 8% first-time grantees (1 of 12, 2025; small sample)
- Total assets
- $2,440,608
- Primary geography
- Colorado (100% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it does not accept unsolicited requests for funds and is not accepting new organizations at this time. Full details ↓
- Deadline
- October 15 for applications and follow-up forms in the current grant cycle; the foundation says these forms are sent…
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.4M
+12.9% YoY
Annual Giving
$180K
+50.0% YoY
Grant Count
12
+0.0% YoY
Avg Grant Size
$15K
+50.0% YoY
Under IRS private-foundation payout rules, The Addy Foundation reported a distributable amount of $103K for 2025 — the minimum it must pay out in qualifying distributions.
Is The Addy Foundation open to new grantees?
8%
first-time grantees, 2025
In 2025, 1 of 12 grantees (8%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $15K; repeat grants $15K. How we count
Medians: $15K first-time, $15K repeat.
- 92% of 2025 grantees were also funded in 2024. Method
- Giving grew 95% from 2022 to 2025. Method
- In 2025 it paid out 176% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s mission is to support the arts in Colorado through grants to nonprofit organizations. Its stated focus areas are arts in education, arts in the community, and arts in the environment.
The 2025 recipients illustrate the range of arts organizations it supports. Stage of Life Theatre Company says it educates children and teens in the performing arts; Access Gallery describes its work as creating arts-based opportunities for people with disabilities; and RedLine says it fosters education and engagement between artists and communities.
Grantmaking
In 2025, the foundation awarded $180,000 across 12 grants. Each grant was $15,000, and the filing lists each purpose as “general purpose.” Recipients included 5Point Films, Access Gallery, Art Base, Aspen Film, Carbondale Arts, Curious Theatre Company, RedLine, Stage of Life Theatre Company, Studio Arts Boulder, The Arts Campus at Willits, The New Local Company, and Thunder River Theatre Company.
Review Cycle
October 15 for applications and follow-up forms in the current grant cycle; the foundation says these forms are sent to current participants.
How to Apply
The foundation states that it does not accept unsolicited requests for funds and is not accepting new organizations at this time. Its website says eligible organizations must be IRS-recognized 501(c)(3) organizations, must not discriminate on the listed grounds, and must be located in Colorado. For organizations in its current grant cycle, applications and follow-up forms are sent in August and due October 15; review and possible site visits are scheduled during October, awards are made November 1, and funds are distributed by the end of the month.
Open Grants
1 open opportunity from The Addy Foundation
Ready to take the next step with The Addy Foundation?
Geographic Focus
Where this funder awards grants
The foundation states that it does not consider applications from outside Colorado. All 2025 grant dollars went to recipients in Colorado.
Grant Distribution by State
Share of 2025 grant dollars across all 12 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $92K (2022) to $180K (2025). In 2025 it made 12 grants totaling $180K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was 5POINT Films ($15K). Together the top 10 received $150K.
Grant Size Distribution
55 grants across all recorded years
The most common grant size was under $50K: 55 grants of 55 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 5POINT Films Carbondale, CO | General Purpose | $15,000 |
| Access Gallery Denver, CO | General Purpose | $15,000 |
| Art Base Basalt, CO | General Purpose | $15,000 |
| Aspen Film Aspen, CO | General Purpose | $15,000 |
| Carbondale Arts Carbondale, CO | General Purpose | $15,000 |
| Curious Theatre Company Denver, CO | General Purpose | $15,000 |
| Redline Denver, CO | General Purpose | $15,000 |
| Stage of Life Theatre Company Carbondale, CO | General Purpose | $15,000 |
| Studio Arts Boulder Boulder, CO | General Purpose | $15,000 |
| The Arts Campus at Willits Basalt, CO | General Purpose | $15,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $2,440,608 | $274,389 | $205,269 | $180,000 (12) |
| 2024 | $2,162,659 | $340,926 | $141,973 | $120,000 (12) |
| 2023 | $1,637,812 | -$88,843 | $129,710 | $110,000 (11) |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,440,608 | $2,162,659 | $1,637,812 |
| Revenue | $274,389 | $340,926 | $-88,843 |
| Expenses | $205,269 | $141,973 | $129,710 |
| Qualifying Distributions | $181,820 | $122,076 | $111,994 |
| Net Investment Income | $71,758 | $121,029 | $25,887 |
| Distributable Amount | $103,290 | $91,542 | $80,942 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 25, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Kristen A. Graham as director, president, secretary, and treasurer, and Wallace W. Graham as director and vice president.
The Addy Foundation is led by Kristen A. Graham, Director, President, Secretary & Treasurer on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kristen A. Graham
Director, President, Secretary & Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Wallace W. Graham
Director & Vice President
On filings since 2020
2 hrs/week
No compensation reported
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.
Contact
Mailing address: 111 Pinnacle Court, Carbondale, CO 81623
Phone: (970) 274-3279
Website: https://www.theaddyfoundation.com
Frequently asked questions about The Addy Foundation
How much does The Addy Foundation give each year?
The Addy Foundation gave $180K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $120K across 12 grants.
What is The Addy Foundation's typical grant size?
The Addy Foundation's median grant in 2025 was $15,000, and its average grant was $15,000, across 12 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Addy Foundation that year got $15K on average.
Where does The Addy Foundation give grants?
The Addy Foundation gives mostly in Colorado: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Carbondale, CO (4 grants), Denver, CO (3 grants), Basalt, CO (2 grants) and Boulder, CO (2 grants).
Does The Addy Foundation give general operating support?
Yes: 100% of The Addy Foundation's 2025 grants with a stated purpose (12 of 12) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Addy Foundation's largest grantees?
The Addy Foundation's largest 2025 grantees include 5POINT Films ($15,000), Access Gallery ($15,000) and Art Base ($15,000), according to its 2025 IRS Form 990-PF. Together they received 25% of its itemized 2025 grant dollars.
How large is The Addy Foundation?
The Addy Foundation reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $182K in qualifying distributions that year, against a required minimum of $103K (roughly 5% of its investment assets).
What does The Addy Foundation fund?
The foundation’s mission is to support the arts in Colorado through grants to nonprofit organizations. Its stated focus areas are arts in education, arts in the community, and arts in the environment. See mission & focus areas ↑
How do I apply for a grant from The Addy Foundation?
The foundation states that it does not accept unsolicited requests for funds and is not accepting new organizations at this time. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Addy Foundation's EIN?
The Addy Foundation's EIN (Employer Identification Number) is 83-2331700. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Addy Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching The Addy Foundation by hand.
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Cite this profile
Grantable. (2026). The Addy Foundation funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/the-addy-foundation-morg_a34cae97b26549dab4bfed0764d56c2a
BibTeX
@misc{grantable_832331700_2026,
author = {{Grantable}},
title = {{The Addy Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-addy-foundation-morg_a34cae97b26549dab4bfed0764d56c2a},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Addy Foundation'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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