Viles Foundation Inc
Viles Foundation Inc is a private foundation based in Las Vegas, New Mexico. Founded in 1959, it provides educational scholarships, with its stated purpose focused on educational assistance for orphaned and half-orphaned children in San Miguel and Mora Counties, New Mexico.
Viles Foundation Inc at a glance
In short: Viles Foundation Inc gave $86K across 33 grants in 2024 (avg $3K), mostly in New Mexico. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $85,700
- -9.4% vs 2023
- Grants made (2024)
- 33
- -26.7% vs 2023
- Average grant
- $2,597
- +23.6% vs 2023
- Median grant
- $2,550
- Total assets
- $1,562,574
- +6.6% vs 2023
- Primary geography
- New Mexico (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Viles Foundation Inc
- How to Apply
-
The foundation’s website provides new and renewal scholarship applications. Its 2024 filing says forms and information are available through its website and describes awards as educational assistance for orphaned and half-orphaned children in San Miguel and Mora Counties, New Mexico. The website says the scholarship application requires applicants to attend the specified Luna Community College summer class. Renewal applicants must provide an official college or university transcript after spring grades are posted.
- Review Cycle
- The website’s deadline for the 2026–2027 school year was April 1, 2026, with applications required to be postmarked by that date; this cycle has passed. The 2024 filing states a deadline of April 4 of each year.
- Deadline
- The website’s deadline for the 2026–2027 school year was April 1, 2026, with applications required to be postmarked by…
- Contact
Application contact: Viles Foundation Inc
Mailing address: PO Box 1117, Las Vegas, NM 87701
Phone: (575) 387-2260
Website: https://vilesfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Viles Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
219 grants across all recorded years
The most common grant size was under $50K: 219 grants of 219 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in New Mexico. The foundation’s stated scholarship focus is young people in San Miguel and Mora Counties, New Mexico.
Grant Distribution by State
Share of 2024 grant dollars across all 33 itemized grants.
States
Cities
How Viles Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (−16%). Method
- In 2024 it paid out 134% of 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 2024, annual grant giving ranged from $86K (2024) to $102K (2021). In 2024 it made 33 grants totaling $86K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 33 individual scholarships Recipients not named | — | $85,700 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,562,574 | $164,754 | $103,801 | $85,700 | 33 | $96,471 | $81,323 | $71,890 |
| 2023 | $1,466,094 | $137,019 | $110,396 | $94,550 | 45 | $104,151 | $16,590 | $68,279 |
| 2022 | $1,400,025 | $1,412,977 | $106,268 | $98,150 | 43 | $104,773 | $4,342 | $10,694 |
| 2021 | $93,316 | $97,095 | $109,355 | $101,900 | 50 | $108,598 | — | $3,276 |
| 2020 | $105,576 | $94,620 | $95,751 | $90,600 | 48 | — | — | $3,472 |
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 October 2026.
Mission & Focus Areas
The foundation’s mission is to make educational opportunities available to young people in New Mexico, with emphasis on orphaned, fatherless, or motherless girls and young people from San Miguel and Mora Counties. Its website says eligible students may attend the university or college of their choice and pursue any course of study. Scholarships may be funded for up to five years.
The foundation’s website says scholarship recipients must attend a summer “First Year Experience” class at Luna Community College. Scholarship funds are disbursed directly to the recipient’s college or university to help with books, fees, and other educational costs.
Grantmaking
In filing year 2024, the foundation reported 33 grants totaling $85,700. Grants ranged from $1,075 to $3,800, with a median of $2,550. The largest listed grants were to individual recipients in New Mexico for educational scholarships; several were $3,800 awards. No grantmaking to organizations is described in the available grant information.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Louella Marr-Montoya as president, Huie Ley as vice president, Merideth Hmura as secretary, Jonathan Madrid as treasurer, and Oneida L’Esperance, Justine Crespin, and Beatrice V. Hurtado as directors.
Viles Foundation Inc is led by Louella Marr-Montoya, President on every filing since 2020; none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Louella Marr-Montoya
President
On filings since 2020
3 hrs/week
No compensation reported
Beatrice V. Hurtado
Director
Treasurer → Director, 2023
On filings since 2020
3 hrs/week
$2K (2020) → $0 (2024)
Oneida L'esperance
Director
On filings since 2020
2 hrs/week
No compensation reported
Justine Crespin
Director
On filings since 2023
2 hrs/week
No compensation reported
Huie Ley
Vice President
On filings since 2020
2 hrs/week
No compensation reported
Jonathan Madrid
Treasurer
Director → Treasurer, 2023
On filings since 2020
2 hrs/week
No compensation reported
Merideth Hmura
Secretary
On filings since 2020
3 hrs/week
No compensation reported
Former officers (4)
- Former: Derek Benavidez (2020–2022) — Advisory Board
- Former: Justine Chavez (2020–2022) — Director
- Former: Rudy Montoya (2020–2022) — Advisory Board
- Former: Bethany Brafford (2021–2022) — Advisory Board
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2022 IRS filing
The highest reported compensation on the 2022 filing was $1K, to Beatrice Hurtado (Treasurer). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Viles Foundation Inc
How much does Viles Foundation Inc give each year?
Viles Foundation Inc gave $86K across 33 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $95K across 45 grants.
What is Viles Foundation Inc's typical grant size?
Viles Foundation Inc's median grant in 2024 was $2,550, and its average grant was $2,597, across 33 grants on its 2024 IRS Form 990-PF.
Where does Viles Foundation Inc give grants?
Viles Foundation Inc gives mostly in New Mexico: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Viles Foundation Inc give general operating support?
Not in 2024: none of the 33 grants with a stated purpose on Viles Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Scholarship" (32 grants).
How large is Viles Foundation Inc?
Viles Foundation Inc reported $1.6M in total assets on its 2024 IRS Form 990-PF. It paid out $96K in qualifying distributions that year, against a required minimum of $72K (roughly 5% of its investment assets).
What does Viles Foundation Inc fund?
The foundation’s mission is to make educational opportunities available to young people in New Mexico, with emphasis on orphaned, fatherless, or motherless girls and young people from San Miguel and Mora Counties. See mission & focus areas ↑
How do I apply for a grant from Viles Foundation Inc?
The foundation’s website provides new and renewal scholarship applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Viles Foundation Inc's EIN?
Viles Foundation Inc's EIN (Employer Identification Number) is 85-6011506. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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