Will Heginbotham Trust

Foundation · Grantmaker Holyoke, CO EIN: 84-6053496
EducationElementary and secondary educationHealthIn-patient medical careHospital care

Will Heginbotham Trust is a private foundation focused on Education, based in Holyoke, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 14 grants totaling $126K. Net investment income was $63K.

Key facts about Will Heginbotham Trust

EIN
84-6053496
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$125,935
Grants made (2024)
14
Average grant
$8,995
Median grant
$5,250
New grantees (estimate)
27% first-time grantees (3 of 11, 2024)
Total assets
$2,444,697
Primary geography
Colorado (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Will Heginbotham Trust funds

By grant dollars, the top recipient states for Will Heginbotham Trust's 14 itemized 2024 grants were Colorado (100%). The most frequent recipient cities were Holyoke, CO (11 grants) and Haxtun, CO (2 grants). None of its 14 grants with a stated purpose were described as general or operating support.

Is Will Heginbotham Trust open to new grantees?

27%

first-time grantees, 2024

In 2024, 3 of 11 grantees (27%) were first-time recipients. First grants averaged $2K; repeat grants $15K. How we count

Medians: $1K first-time, $5K repeat.

  • 64% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−15%). Method
  • In 2024 it paid out 101% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Will Heginbotham Trust

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

-2.7% YoY

Annual Giving

$126K

+11.4% YoY

Grant Count

14

+40.0% YoY

Avg Grant Size

$9K

-20.4% YoY

Under IRS private-foundation payout rules, Will Heginbotham Trust reported a distributable amount of $129K for 2024 — the minimum it must pay out in qualifying distributions.

About Will Heginbotham Trust

Based on IRS filings

Will Heginbotham Trust is a private foundation focused on Education, based in Holyoke, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 14 grants totaling $126K. Net investment income was $63K.

Focus Areas

EducationElementary and secondary educationHealthIn-patient medical careHospital care
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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 14 itemized 2024 grant dollars.

States

Cities

HolyokeHaxtunSterlingJulesburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$49K$98K$148K$197K20202021202220232024
Metric202420232022
Total Assets$2,444,697$2,512,036$2,585,327
Revenue$83,408$62,769$81,153
Expenses$150,201$135,901$176,583
Qualifying Distributions$130,121$116,102$154,861
Net Investment Income$63,281$39,013$11,488
Distributable Amount$128,764$128,223$134,296

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$37K$74K$111K$148K12 grants202011 grants20218 grants202210 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

City of Holyoke: $85K across 4 grantsCity of Holyoke$85K · 4 grantsGolden Plains Recreation Inc: $10KGolden Plains Recreation Inc$10KBaby Bear Hugs: $7KBaby Bear Hugs$7KNortheast Co Health Department: $6KNortheast Co Health Department$6KHaxtun Hospital District: $5KHaxtun Hospital District$5KMelissa Memorial Hospital: $5KMelissa Memorial Hospital$5KHaxtun School District Re-2J: $4KHaxtun School District Re-2J$4KPhillips County Family Education: $3KPhillips County FamilyEducation$3KThe Bridge Foundation: $1KThe Bridge Foundation$1KCo Assoc for Family & Community: $675Co Assoc for Family &Community$675

Grant Size Distribution

55 grants across all recorded years

50<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include City of Holyoke ($85,000 across 4 grants), Golden Plains Recreation Inc ($10,000), Baby Bear Hugs ($7,000).

RecipientPurposeAmount
CITY OF HOLYOKE Holyoke, COHOLYOKE BASEBALL FIELD GRANT$30,000
CITY OF HOLYOKE Holyoke, COHEGINBOTHAM LIBRARY GRANT$20,000
CITY OF HOLYOKE Holyoke, COHOLYOKE SWIMMING POOL GRANT$20,000
CITY OF HOLYOKE Holyoke, COHOLYOKE MEMORIAL PARK COLUMBARIUM$15,000
GOLDEN PLAINS RECREATION INC Holyoke, CO2024 MATCHING GRANT$10,000
BABY BEAR HUGS Holyoke, CO2024 PROGRAM GRANT$7,000
NORTHEAST CO HEALTH DEPARTMENT Sterling, COPHILLIPS CO ORAL HEALTH GRANT$5,500
HAXTUN HOSPITAL DISTRICT Haxtun, COFOUNDATION GRANT$5,000
MELISSA MEMORIAL HOSPITAL Holyoke, COFOUNDATION$5,000
HAXTUN SCHOOL DISTRICT RE-2J Haxtun, COCOMPUTER GRANT$3,560

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

David O Colver — Trustee: $6KDavid O ColverTrustee$6KJohn Schneider — Trustee: $6KJohn SchneiderTrustee$6KPeggy Bennett — Trustee: $6KPeggy BennettTrustee$6K

From 2024 IRS filing

NameTitleHoursCompensation
David O ColverTrustee—$6,000
John SchneiderTrustee—$6,000
Peggy BennettTrustee—$6,000

Subject Areas

Focus areas based on grantmaking activity

EducationElementary and secondary educationHealthIn-patient medical careHospital care

Frequently Asked Questions

What is Will Heginbotham Trust?

Will Heginbotham Trust is a private foundation focused on Education, based in Holyoke, CO. It holds $2.4M in total assets as of 2024.

How large is Will Heginbotham Trust?

As of 2024, Will Heginbotham Trust holds $2.4M in total assets with $83K in annual revenue. It awarded 14 grants totaling $126K in 2024.

Where does Will Heginbotham Trust operate?

Will Heginbotham Trust has awarded grants in Colorado.

What size grants does Will Heginbotham Trust award?

In 2024, Will Heginbotham Trust awarded 14 grants totaling $126K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Will Heginbotham Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Will Heginbotham Trust reported a distributable amount of $129K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Will Heginbotham Trust's EIN?

Will Heginbotham Trust's EIN (Employer Identification Number) is 84-6053496. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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