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The Summit Foundation

BRECKENRIDGE, CO EIN: 74-2341399 Website

The Summit Foundation is a community public foundation established in 1984 and based in Breckenridge, Colorado. As a 501(c)(3) organization, it operates as a public foundation dedicated to inspiring people and mobilizing resources to improve and enrich the lives of individuals in Summit County and neighboring communities. The Foundation maintains a donor-advised fund and serves as a philanthropic leader in its region.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$24.9M

+14.4% YoY

Annual Giving

$2.2M

-20.4% YoY

Grant Count

96

+11.6% YoY

Avg Grant Size

$23K

-28.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Summit Foundation's mission centers on making Summit County a better place for everyone through strong leadership, innovative solutions, and essential resources to address community needs.

The Foundation seeks to partner with nonprofit organizations operating programs that:

  • Create bright futures for children and youth
  • Promote environmental stewardship
  • Foster healthy and safe communities
  • Create thriving adult communities

Grantmaking

The Summit Foundation has provided nearly $53 million in grants, scholarships, and community initiatives over its 40+ year history. The Foundation supports over 200 nonprofit organizations operating programs in Summit, Lake, Park, and Grand Counties.

Grant Range

$5,250–$410,833

Review Cycle

throughout the year

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Geographic Focus

Where this funder awards grants

The Foundation primarily funds nonprofit organizations operating in:

  • Summit County
  • Lake County
  • Park County
  • Grand County

These are mountain communities in Colorado.

Grant Distribution by State

10states
+2 more states

Cities

AlmaAspenAvonBaileyBaltimoreBoulderBreckenridgeCambridgeCentennialColorado SpringsCopper MountainDenverDillonEagleEvergreenFairplayFranklin LakesFriscoGoldenGranby

Financial History

Multi-year comparison from IRS filings

As of 2023 (Most Recent Filing):

  • Total Assets: $21.8 million
  • Total Revenue: $7.22 million
  • Total Expenses: $5.16 million
  • Total Liabilities: $299,000
  • Number of Employees: 11

As of 2024:

  • Total Assets: $24.9 million
  • Total Giving: $4.5 million

Tax Status: Tax-exempt since January 1985 (EIN: 74-2341399)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$7M$9M20202021202220232024
Metric202420232022
Total Assets$24,933,878$21,789,741$18,397,790
Revenue$6,381,865$7,224,766$4,939,479
Expenses$6,001,722$5,163,813$4,887,496
Qualifying Distributions
Net Investment Income$978,435$446,097$401,908
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$930K$2M$3M$4M95 grants2020110 grants202194 grants202286 grants202396 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THEATRE SILCO$93KBRECKENRIDGE OUTDOOR EDU…$83KADVOCATES FOR VICTIMS OF…$82KBRECKENRIDGE CREATIVE ARTS$80KBUILDING HOPE SUMMIT COU…$70KHIGH COUNTRY CONSERVATIO…$62KSTARTING HEARTS$58KSMART BELLIES$58KMOUNTAIN MENTORS$53KBRECK FILM$51K

Grant Size Distribution

250 grants across all recorded years

198<$50K37$50–100K9$100–250K6$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from The Summit Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Ellen Reid: Executive Director
  • James Beckmann: Board Member

Compensation Overview

From 2024 IRS filing

JEANNE BISTRANINEXECUTIVE DIRECTOR$179KCHAD COVELLDIRECTOR OF FINANCE$65K

From 2024 filing

NameTitleHoursCompensation
BARB RANKINPRESIDENT2
DAVID PREAUSVICE PRESIDENT2
ANDY AERENSONPAST PRESIDENT2
NICK BRINKMANTREASURER2
SHANNON HAYNESSECRETARY2
CHRIS BANASTRUSTEE1
BRIAN BINGETRUSTEE1
JOSH BLANCHARDTRUSTEE1
JAMES KBECKMANNTRUSTEE1
TONY BYRDTRUSTEE1
TONY CAMMARATATRUSTEE1
LUELLA CHAVEZ D'ANGELOTRUSTEE1
JON COPELANDTRUSTEE1
DON DANKNERTRUSTEE1
STEVE DEPPETRUSTEE1
MIKE DUDICKTRUSTEE1
PEGGY HILLERTRUSTEE1
DAVID HUGHESTRUSTEE1
BOB KOPPTRUSTEE1
MEG LASSTRUSTEE1
DUSTIN LYMANTRUSTEE1
JULIE MAGLIOCCHETTITRUSTEE1
ROBBINS MANLEYTRUSTEE1
EMILY MESSEGEETRUSTEE1
TONY PESTELLOTRUSTEE1
YIRKA PLATTTRUSTEE1
KELLY RENOUXTRUSTEE1
LOLI RESPINI-POLLARDTRUSTEE1
MIKE SCHILLINGTRUSTEE1
CHRIS SORENSENTRUSTEE1
DAVID STELZERTRUSTEE1
GINNY VIETTITRUSTEE1
NELL WAREHAMTRUSTEE1
JACK WOLFETRUSTEE1
JEANNE BISTRANINEXECUTIVE DIRECTOR45$179,167
CHAD COVELLDIRECTOR OF FINANCE45$64,809

Recent News & Activity

Recent developments and announcements

The Foundation has announced multiple grant cycles in recent periods, awarding funds to nearly 60-68 nonprofits in individual cycles. Recent grant announcements include awards of $727,000 and $379,000 during spring and December grant cycles respectively.

The Summit Foundation awards 68 nonprofits with funds in its fall ...

The Foundation is currently focused on the Bright Futures Campaign, a donor-supported initiative reshaping education in the region. This campaign has resulted in measurable impact, with first cohorts of Bright Futures scholarship recipients beginning their university studies and significant investments made in expanding career-connected learning pathways.

Contact Information

Physical Address: 103 S Harris St, Suites 201 Breckenridge, Colorado 80424

Mailing Address: P.O. Box 4000 Breckenridge, Colorado 80424

Phone: 970-453-5970

Email: info@summitfoundation.org

Website: summitfoundation.org

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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