The Beaufort Foundation Inc
The Beaufort Foundation Inc is a private foundation based in Carbondale, Colorado. In 2024, it reported 20 grants totaling $1,110,001, supporting organizations including a school, scholarship and education organizations, and nonprofits working in human services, veteran support, and conservation.
The Beaufort Foundation Inc at a glance
In short: The Beaufort Foundation Inc gave $1.1M across 20 grants in 2024 (avg $56K), mostly in Connecticut. 10% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,110,001
- -17.8% vs 2023
- Grants made (2024)
- 20
- +5.3% vs 2023
- Average grant
- $55,500
- -21.9% vs 2023
- Median grant
- $5,000
- Total assets
- $2,525,915
- +3.4% vs 2023
- New grantees (estimate)
- 10% first-time grantees (2 of 20, 2024; small sample)
- Primary geography
- Connecticut (90% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Beaufort Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 5343 Cr 100, Carbondale, CO 81623
Phone: (970) 963-7480
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Beaufort Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Choate Rosemary Hall ($1.0M). Together the top 10 received $1.1M.
Grant Size Distribution
117 grants across all recorded years
The most common grant size was under $50K: 108 grants of 117 (92%).
Geographic Focus
Where this funder awards grants
The 2024 grant dollars were distributed among recipients in Connecticut (90%), Colorado (4%), Maryland (2%), North Carolina (1%), and New York (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 20 itemized grants.
Cities
Is The Beaufort Foundation Inc open to new grantees?
10%
first-time grantees, 2024
In 2024, 2 of 20 grantees (10%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $5K; repeat grants $61K. How we count
Medians: $5K first-time, $5K repeat.
- 85% of 2024 grantees were also funded in 2023. Method
- Giving grew 75% from 2021 to 2024. Method
- In 2024 it paid out 887% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $490K (2020) to $1.4M (2023). In 2024 it made 20 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Choate Rosemary Hall Wallingford, CT | Operations | $1,000,000 |
| Adirondack Scholarship Foundation Willsboro, NY | Operations | $10,000 |
| American Indian College Fund Denver, CO | Operations | $10,000 |
| Marine Corps Scholarship Foundation Alexandria, VA | Operations | $10,000 |
| Paul's Place Baltimore, MD | Operations | $10,000 |
| Stop Soldier Suicide Durham, NC | Operations | $10,000 |
| Boys Hope Girls Hope of Baltimore Baltimore, MD | Operations | $5,000 |
| Helping up Mission Baltimore, MD | Operations | $5,000 |
| Island Dolphin Care Key Largo, FL | Operations | $5,000 |
| Lift up Rifle, CO | Operations | $5,000 |
Ready to take the next step with The Beaufort Foundation Inc?
Financial History
Multi-year comparison from IRS filings
Filing type: Form 990-PF (a private foundation).
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,525,915 | $1,094,120 | $1,111,639 | $1,110,001 | 20 | $1,110,000 | $107,581 | $125,169 |
| 2023 | $2,442,454 | $1,381,360 | $1,351,770 | $1,350,001 | 19 | $1,350,000 | $105,871 | $118,727 |
| 2022 | $2,426,083 | $887,100 | $884,832 | $882,508 | 26 | $882,500 | $103,268 | $143,945 |
| 2021 | $4,350,575 | $641,040 | $637,100 | $635,006 | 25 | $635,000 | $161,040 | $203,965 |
| 2020 | $3,386,135 | $493,200 | $491,739 | $490,006 | 27 | — | $79,200 | $139,606 |
Under IRS private-foundation payout rules, The Beaufort Foundation Inc reported a distributable amount of $125K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission is stated. Its 2024 grants show support for organizations with varied missions. For example, the American Indian College Fund says it invests in Native students and tribal college education, while Stop Soldier Suicide says it works to reduce service member and veteran suicide. Paul’s Place describes its work as strengthening individuals, families, and neighborhoods in southwest Baltimore. These are the grantees’ stated missions, not stated priorities of the foundation.
Grantmaking
In 2024, the foundation made 20 grants totaling $1,110,001. Grant amounts ranged from $1 to $1,000,000, with a median of $5,000. The largest grant was $1,000,000 to Choate Rosemary Hall for operations. Other listed grants included $10,000 each to the Adirondack Scholarship Foundation, American Indian College Fund, Marine Corps Scholarship Foundation, Paul’s Place, and Stop Soldier Suicide, all for operations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Peter S Welles as president and treasurer, Michael H Welles as vice president and secretary, Joseph Kowar Esq as attorney, and Frances D Pollard as director.
The Beaufort Foundation Inc is led by Peter S. Welles, President Treasurer since 2023 (on filings since 2020); none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Peter S. Welles
President Treasurer
President → President Treasurer, 2023
On filings since 2020
1 hr/week
No compensation reported
Frances D. Pollard
Director
On filings since 2023
1 hr/week
No compensation reported
Joseph Kowar Esq.
Attorney
Treasurer → Attorney, 2023
On filings since 2020
1 hr/week
No compensation reported
Michael H. Welles
Vice President Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 The Beaufort Foundation Inc
How much does The Beaufort Foundation Inc give each year?
The Beaufort Foundation Inc gave $1.1M across 20 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.4M across 19 grants.
What is The Beaufort Foundation Inc's typical grant size?
The Beaufort Foundation Inc's median grant in 2024 was $5,000, and its average grant was $55,500, across 20 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Beaufort Foundation Inc that year got $5K on average.
Where does The Beaufort Foundation Inc give grants?
The Beaufort Foundation Inc gives mostly in Connecticut: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Baltimore, MD (4 grants), Glenwood Springs, CO (3 grants), Denver, CO (2 grants) and Key Largo, FL (2 grants).
Does The Beaufort Foundation Inc give general operating support?
Not in 2024: none of the 20 grants with a stated purpose on The Beaufort Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Operations" (20 grants).
Who are The Beaufort Foundation Inc's largest grantees?
The Beaufort Foundation Inc's largest 2024 grantees include Choate Rosemary Hall ($1,000,000), Adirondack Scholarship Foundation ($10,000) and American Indian College Fund ($10,000), according to its 2024 IRS Form 990-PF. Together they received 92% of its itemized 2024 grant dollars.
How large is The Beaufort Foundation Inc?
The Beaufort Foundation Inc reported $2.5M in total assets on its 2024 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $125K (roughly 5% of its investment assets).
What does The Beaufort Foundation Inc fund?
No foundation mission is stated. Its 2024 grants show support for organizations with varied missions. For example, the American Indian College Fund says it invests in Native students and tribal college education, while Stop Soldier Suicide says it works to reduce service member and veteran suicide. See mission & focus areas ↑
How do I apply for a grant from The Beaufort Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Beaufort Foundation Inc's EIN?
The Beaufort Foundation Inc's EIN (Employer Identification Number) is 26-1606616. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Beaufort Foundation Inc 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Beaufort Foundation Inc funds
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Cite this profile
Grantable. (2026). The Beaufort Foundation Inc funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/the-beaufort-foundation-inc-morg_e23b0d68d38448d0a7a163a9042b1cfa
BibTeX
@misc{grantable_261606616_2026,
author = {{Grantable}},
title = {{The Beaufort Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-beaufort-foundation-inc-morg_e23b0d68d38448d0a7a163a9042b1cfa},
note = {Accessed 2026-10-21. 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 Beaufort Foundation Inc'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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