The Beaufort Foundation Inc

CARBONDALE, CO EIN: 26-1606616

The Beaufort Foundation Inc. is a private foundation based in Carbondale, Colorado. The organization focuses on philanthropic grantmaking across multiple sectors and geographic regions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5M

+3.4% YoY

Annual Giving

$1.1M

-17.8% YoY

Grant Count

20

+5.3% YoY

Avg Grant Size

$56K

-21.9% YoY

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 April 2026.

Mission & Focus Areas

The foundation's primary funding priorities include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Science and STEM Education

Grantmaking

Grant Range

& Activity:**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Colorado
  • Maryland
  • North Carolina

Grant Distribution by State

9states
+1 more states

Cities

AlexandriaArlingtonAspenBaltimoreBasaltBrevardCarbondaleColumbiaDenverDurhamEl JebelFrederickGlenwood SpringsKey LargoNorcrossOwings MillsPalisadeRifleRock HillWallingford

Financial History

Multi-year comparison from IRS filings

Assets & Giving:

  • Total assets: $2,525,915
  • Total giving: $1,110,000

Financial Data Source: Most recent IRS Form 990 filing (2024)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$380K$760K$1M$2M20202021202220232024
Metric202420232022
Total Assets$2,525,915$2,442,454$2,426,083
Revenue$1,094,120$1,381,360$887,100
Expenses$1,111,639$1,351,770$884,832
Qualifying Distributions$1,110,000$1,350,000$882,500
Net Investment Income$107,581$105,871$103,268
Distributable Amount$125,169$118,727$143,945

Giving Over Time

Total grant dollars and number of grants per year

$0$338K$675K$1M$1M27 grants202025 grants202126 grants202219 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHOATE ROSEMARY HALL$1.0MADIRONDACK SCHOLARSHIP F…$10KAMERICAN INDIAN COLLEGE …$10KMARINE CORPS SCHOLARSHIP…$10KPAUL'S PLACE$10KSTOP SOLDIER SUICIDE$10KBOYS HOPE GIRLS HOPE OF …$5KHELPING UP MISSION$5KISLAND DOLPHIN CARE$5KLIFT UP$5K

Grant Size Distribution

117 grants across all recorded years

108<$50K2$50–100K$100–250K3$250–500K3$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Choate Rosemary Hall ($1,000,000), Adirondack Scholarship Foundation ($10,000), American Indian College Fund ($10,000).

RecipientPurposeAmount
ADIRONDACK SCHOLARSHIP FOUNDATION WILLSBORO, NYOperations$10,000
AMERICAN INDIAN COLLEGE FUND DENVER, COOperations$10,000
BOYS HOPE GIRLS HOPE OF BALTIMORE BALTIMORE, MDOperations$5,000
CHOATE ROSEMARY HALL WALLINGFORD, CTOperations$1,000,000
FOOD BANK OF THE ROCKIES DENVER, COOperations$2,500
HELPING UP MISSION BALTIMORE, MDOperations$5,000
ISLAND DOLPHIN CARE KEY LARGO, FLOperations$5,000
LIFT UP RIFLE, COOperations$5,000
MARINE CORPS SCHOLARSHIP FOUNDATION ALEXANDRIA, VAOperations$10,000
MEALS ON WHEELS BALTIMORE, MDOperations$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PETER S WELLESPRESIDENT TREASURER1
MICHAEL H WELLESVICE-PRES SECRETARY1
JOSEPH KOWAR ESQATTORNEY1
FRANCES D POLLARDDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Beaufort Foundation Inc fund?

The foundation's primary funding priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Science and STEM Education

How do I apply for a grant from The Beaufort Foundation Inc?

**Grant Size & Activity:** • Typical grant awards range from $1 to $1,000,000 • Total giving: $1,110,000 (based on most recent IRS Form 990 filing from 2024) • The foundation currently has 0 live grant opportunities

Where does The Beaufort Foundation Inc make grants?

The foundation primarily funds organizations in: • Colorado • Maryland • North Carolina

What size grants does The Beaufort Foundation Inc award?

In 2024, The Beaufort Foundation Inc awarded 20 grants totaling $1.1M — an average of about $56K per grant, based on its IRS Form 990 filings.

How much is The Beaufort Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Beaufort Foundation Inc reported a distributable amount of $125K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

Explore Open Grants

Browse active grant opportunities in The Beaufort Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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