Viles Foundation Inc

LAS VEGAS, NM EIN: 85-6011506 Website

Viles Foundation Inc is a 501(c)(3) independent private foundation established in 1959 and located in Las Vegas, New Mexico. The foundation is a nonprofit scholarship organization dedicated to providing educational support to students in need.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+6.6% YoY

Annual Giving

$86K

-9.4% YoY

Grant Count

-26.7% YoY

Avg Grant Size

$3K

+23.6% YoY

Under IRS private-foundation payout rules, Viles Foundation Inc reported a distributable amount of $72K 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 purpose is to grant educational scholarships. Specifically, the Viles Foundation awards 5-year renewable scholarships to students from San Miguel and Mora counties in New Mexico who have lost one or more parents. This focus reflects the personal history of the foundation's founder, Matie Viles, who was an orphan herself.

Grantmaking

Review Cycle

for the 2026-2027 school year is April 1, 2026 (applications must be postmarked by this date)

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily serves San Miguel and Mora counties in New Mexico. The foundation has a significant relationship with New Mexico Highlands University, where the majority of its scholarship recipients have studied.

Grant Distribution by State

New Mexico $471K (100%)

States

New Mexico

Cities

AlbuquerqueChaconClevelandCleverlandGuadalupitaLas VegasMoraOcatePecosRainsvilleRio RanchoRociadaSapelloSerafinaSocorroWagon MoundWatrous

Financial History

Multi-year comparison from IRS filings

Historical Impact:

Over its 56-year history (as of the time of the residence hall dedication), the Viles Foundation awarded nearly 500 scholarships to New Mexico Highlands University students, totaling approximately $1.25 million

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,562,574	$1,466,094	$1,400,025
Revenue	$164,754	$137,019	$1,412,977
Expenses	$103,801	$110,396	$106,268
Qualifying Distributions	$96,471	$104,151	$104,773
Net Investment Income	$81,323	$16,590	$4,342
Distributable Amount	$71,890	$68,279	$10,694

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

219 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Adara Bustos ($3,800), Alyssa Roybal ($3,800), Dominique Ortega ($3,800).

Recipient	Purpose	Amount
ADARA BUSTOS LAS VEGAS, NM	EDUCATIONAL SCHOLARSHIP	$3,800
ADRIANO RIVERA OCATE, NM	EDUCATIONAL SCHOLARSHIP	$1,400
ALYSSA ROYBAL PECOS, NM	EDUCATIONAL SCHOLARSHIP	$3,800
ANTONIO BUSTAMANTE LAS VEGAS, NM	EDUCATIONAL SCHOLARSHIP	$3,700
CARLOS MULLER GUADALUPITA, NM	EDUCATIONAL SCHOLARSHIP	$3,400
DOMINIQUE ORTEGA LAS VEGAS, NM	EDUCATIONAL SCHOLARSHIP	$3,800
DONDIEGO RAINS SOCORRO, NM	EDUCATIONAL SCHOLARSHIP	$3,700
HANNAH MARTINEZ SAPELLO, NM	EDUCATIONAL SCHOLARSHIP	$3,150
ISAIAH PAIZ LAS VEGAS, NM	EDUCATIONAL SCHOLARSHIP	$1,600
JULIA ORTEGA LAS VEGAS, NM	EDUCATIONAL SCHOLARSHIP	$2,150

Leadership & Key People

Leadership team and compensation from IRS filings

LouElla Marr-Montoya — Viles Foundation President and Highlands Alumni Board member
Merideth Hmura — Secretary

The foundation is governed by a Board of Directors.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LOUELLA MARR-MONTOYA	PRESIDENT	3	—
HUIE LEY	VICE PRESIDENT	2	—
MERIDETH HMURA	SECRETARY	3	—
JONATHAN MADRID	TREASURER	2	—
ONEIDA L'ESPERANCE	DIRECTOR	2	—
JUSTINE CRESPIN	DIRECTOR	2	—
BEATRICE V HURTADO	DIRECTOR	3	—

Recent News & Activity

Recent developments and announcements

2024

In September 2024, New Mexico Highlands University dedicated the "Viles & Crimmin Residence Hall" in honor of scholarship benefactors Matie Viles and Ken and Sue Crimmins

The foundation was recognized for its 56-year history of supporting student scholarships and education

The residence hall dedication acknowledged the foundation's commitment to making college education accessible to students who have experienced the loss of parents

Frequently Asked Questions

What does Viles Foundation Inc fund?

How do I apply for a grant from Viles Foundation Inc?

**Recent Activity:** • In May 2025, the Board of Directors announced that 46 scholarships were awarded, totaling over $144,000 • 2026 scholarships were announced in August 2026 **Application Process:** • The foundation accepts both new and renewal applications • Application deadline for the 2026-2027 school year is April 1, 2026 (applications must be postmarked by this date) • High school counselors can submit applications on behalf of students • Renewal applications are available for continuin…

Where does Viles Foundation Inc make grants?

What size grants does Viles Foundation Inc award?

In 2024, Viles Foundation Inc awarded 33 grants totaling $86K — an average of about $3K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Viles Foundation Inc reported a distributable amount of $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.