Funding Amount

Full demonstrated financial need (endowment-funded)

Deadline

Deadline not published

Grant Type

Foundation

Deadline history & next window

Cycle
Annual
Tracked since
April 2026

Source: the cycle recorded on this listing. Confirm dates with the funder.

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Eligible organizations

  • Students requiring financial assistance to attend Prep

Other requirements

  • Applicants to Santa Fe Prep who demonstrate exceptional gifts and talents
  • Must qualify through the school's admissions and financial aid process

Overview

A $2 million endowment from the Malone Family Foundation to expand Santa Fe Prep's tuition assistance program for gifted and talented students. Earnings from the endowment are used to provide scholarships.

Primary Purpose: "To provide optimal opportunities for deserving gifted students of limited financial means to reach their potential."

Geographic Scope: National selection; Santa Fe Prep is the only school in New Mexico with a Malone Scholars program. Selected among independent schools nationally.

Eligibility:

  • Applicants to Santa Fe Prep who demonstrate exceptional gifts and talents
  • Students requiring financial assistance to attend Prep
  • Must qualify through the school's admissions and financial aid process

Award Details:

  • Award amount: Full demonstrated financial need through their years at Prep
  • Funding: Once selected as Malone Family Scholars, students are funded through full extent of demonstrated financial need
  • Current impact: School awards over $700,000 annually in need-based aid to over 25% of student body

About the Funder: The Malone Family Foundation, founded in 1997 by Dr. John C. Malone (successful media and communications executive), seeks schools of high academic caliber with proven enrichment programs and track record of success with talented students from diverse backgrounds.

What Santa Fe Preparatory School actually gave

Source: IRS Form 990, 2025

Grants in 2025
17
Total given
$307K
Median grant
$15K
Range
$5,100–$85K
  • By dollars: New Mexico 84%, Colorado 5%, Texas 5%. Top recipient cities: Santa Fe, NM; Albuquerque, NM; Espanola, NM.
  • 0% of grants with a stated purpose were for general or operating support.
  • 12% of recipients were new grantees, not repeat recipients.

Example grants

  • Breakthrough Santa Fe · Santa Fe, NM

    College readiness

    $85K

  • Upward Bound Espanola · Espanola, NM

    College readiness

    $30K

  • The Simon Charitable Foundation · Santa Fe, NM

    College readiness

    $30K

  • Academy for Technology · Santa Fe, NM

    College readiness

    $15K

  • Navajo Preparatory School · Farmington, NM

    College readiness

    $15K

IRS Form 990, 2025. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Education
  • K-12 schools
  • Capital

Categories

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