The Montrose Way
The Montrose Way is a private foundation focused on Human Services, based in Canton, OH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $20K in total assets. In 2025, it awarded 3 grants totaling $45K.
The Montrose Way at a glance
In short: The Montrose Way gave $45K across 3 grants in 2025 (avg $15K), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $45,000
- -3.2% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $15,000
- -3.2% vs 2024
- Median grant
- $15,000
- Total assets
- $19,711
- +78.3% vs 2024
- Primary geography
- Ohio (56% 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 The Montrose Way funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Central Ohio Community Trust ($25K). Together the top 3 received $45K.
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 3 itemized grants.
Cities
How The Montrose Way gives
- In 2023 it paid out well above 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 2020 to 2025, annual grant giving ranged from $2K (2020) to $47K (2024). In 2025 it made 3 grants totaling $45K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Central Ohio Community Trust Columbus, OH | Housing for people with low income | $25,000 |
| The Other Side Academy Denver, CO | Assist individuals with housing and education. | $15,000 |
| Berea College Berea, KY | Assist with college costs for children of low income families. | $5,000 |
Ready to take the next step with The Montrose Way?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $19,711 | $53,680 | $45,025 | $45,000 | 3 | $45,000 | — |
| 2024 | $11,056 | $48,492 | $46,525 | $46,500 | 3 | $46,500 | — |
| 2023 | $9,089 | $41,576 | $41,576 | $41,000 | 2 | $41,169 | $404 |
| 2022 | $9,089 | $52,114 | $102 | — | — | $73,050 | $1,970 |
| 2021 | $30,077 | $30,365 | $2,005 | $2,000 | 1 | $2,000 | — |
| 2020 | $1,717 | $1,750 | $1,601 | $1,500 | Total only | — | — |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Leadership & Key People
Officers and directors from IRS filings
The Montrose Way is led by Penny Winkle, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Penny Winkle
President
On filings since 2020
4 hrs/week
No compensation reported
Aja Davis
Director
Trustee → Director, 2023
On filings since 2021
1 hr/week
No compensation reported
Laine Zalac
Director
Trustee → Director, 2023
On filings since 2021
1 hr/week
No compensation reported
Charles Zalac
Vice President
On filings since 2020
3 hrs/week
No compensation reported
Former officers (1)
- Former: Jeff Sherman (2020) — Treasurer
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.
Frequently asked questions about The Montrose Way
How much does The Montrose Way give each year?
The Montrose Way gave $45K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $47K across 3 grants.
What is The Montrose Way's typical grant size?
The Montrose Way's median grant in 2025 was $15,000, and its average grant was $15,000, across 3 grants on its 2025 IRS Form 990-PF.
Where does The Montrose Way give grants?
The Montrose Way gives mostly in Ohio: 56% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Colorado (33%) and Kentucky (11%).
Does The Montrose Way give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on The Montrose Way's 2025 IRS Form 990-PF were described as general or operating support.
How large is The Montrose Way?
The Montrose Way reported $20K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $54K.
What is The Montrose Way?
The Montrose Way is a private foundation focused on Human Services, based in Canton, OH. It holds $20K in total assets as of 2025.
What is The Montrose Way's EIN?
The Montrose Way's EIN (Employer Identification Number) is 84-4013854. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 16, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
Live grants for the work The Montrose Way funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Montrose Way's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Ohio
Daniels Fund
Denver, CO
The Daniels Fund supports nonprofits working in aging, amateur sports, disabilities, addiction, early childhood and K–12 education, homelessness, and youth development. Its 2024 grants had a median of about $14,000, primarily for organizations in Colorado, New Mexico, Utah, and Wyoming; select national-impact programs are also eligible, by invitation only.
Assets
$1.4B
Grants
1,593
Total Given
$69.7M
Fort Foundation TCH
Orlando, FL
The foundation supports a range of charitable organizations, including healthcare, education, hospice, environmental, religious, arts, and community groups. Its 2025 grants were typically $12,360–$30,900, with a median of $15,450, and went mainly to Tennessee, with some funding in Kentucky and Washington, D.C. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$5.9M
Grants
17
Total Given
$309K
The Dr E Lawrence Deckinger Family
New York, NY
Assets
$1.4M
Grants
102
Total Given
$89K
Bowman Zorah W Endw
Brooklyn, OH
Assets
—
Grants
4
Total Given
$1.1M
August Fifth Foundation Inc
Atlanta, GA
The August Fifth Foundation supports charitable organizations, including those focused on hunger and food security, faith, health, education, culture, and employment resources. Its 2025 grants ranged from $250 to $21,000, with a median of $1,125, and 91% of grant dollars went to Georgia recipients. It accepts written materials from 501(c)(3) public charities; no deadline is listed.
Assets
$1.1M
Grants
20
Total Given
$56K
Dr Scholl Foundation
Northbrook, IL
The Dr. Scholl Foundation funds nonprofit work in education, social services, healthcare, civic and cultural activities, and the environment, with consideration for other worthwhile projects. Grants average $5,000–$25,000, mostly in the United States; it also considers international requests when a board member has direct knowledge of the applicant.
Assets
$211.9M
Grants
410
Total Given
$8.9M
More similar funders
More Funders in Ohio
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Montrose Way'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.
The Montrose Way down — hundreds of funders to go?