The Myron Stratton Home
The Myron Stratton Home is a private operating foundation based in Colorado Springs, Colorado, classified as such in 1973. The organization was founded in 1909 and operates as a 501(c)(3) nonprofit with tax-exempt status dating to March 1944. It maintains residential facilities and provides services for vulnerable populations in southern Colorado, with a particular focus on the elderly poor.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$298.3M
+14.3% YoY
Annual Giving
$723K
-2.0% YoY
Grant Count
30
-6.3% YoY
Avg Grant Size
$24K
+4.6% YoY
Mission & Focus Areas
The organization's mission is rooted in the legacy of Winfield Scott Stratton, who left a bequest to provide for poor persons without means of support who are physically unable by reason of old age, youth, sickness, or other infirmity to earn a livelihood. The Myron Stratton Home carries out this mission by providing housing, programs, services, and grants to improve the quality of life of those less fortunate.
Primary funding areas include:
- Elderly support and housing
- Services for poor children and families
- Healthcare for the underserved
- Poverty alleviation
- Social services and education across the region
Grantmaking
The Myron Stratton Home operates an active grants program that awards funding twice yearly.
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Geographic Focus
Where this funder awards grants
The Myron Stratton Home primarily funds organizations serving El Paso County, Colorado, with additional focus on Teller County and other southern Colorado counties.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets and Revenue (2023-2024):
- Total assets: $298,275,321 (as of 2024)
- Total revenue: $36,230,135 (2024)
- Total expenses: $8,803,234 (2024)
- Total liabilities: $1,690,000 (2023)
- Total giving: $722,500 (2024)
Historical Asset Growth: Assets have grown from $126.2 million in 2011 to $298.3 million in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $298,275,321 | $260,860,217 | $226,638,367 |
| Revenue | $36,230,135 | $26,982,482 | $19,177,026 |
| Expenses | $8,803,234 | $8,112,893 | $7,737,298 |
| Qualifying Distributions | $14,799,873 | $8,214,088 | $8,810,070 |
| Net Investment Income | $39,996,121 | $24,670,712 | $16,763,212 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
161 grants across all recorded years
Open Grants
1 open opportunity from The Myron Stratton Home
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL O'REAR | EXECUTIVE DIRECTOR | 40 | $242,439 |
| Michael Jorgensen | Trustee | 1.5 | $12,000 |
| C DAVID MCDERMOTT | President | 3 | $24,000 |
| THOMAS J NAUGHTON | Vice President | 1.5 | $12,000 |
| Meredith Vaughan | Secretary | 1.5 | $12,000 |
| Stephen D Woodford | Treasurer | 1.5 | $12,000 |
Contact Information
- Address: 555 Gold Pass Heights, Colorado Springs, CO 80906-4011
- Phone: (719) 579-0930
- Website: www.myronstratton.org
- EIN: 84-0404260
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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