Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2000.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
87 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
25 people listed on the 990; $274K paid to officers and key staff.
Jason Corzine’s $238K as President & CEO is at the 90th percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 6 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Jason Corzine | $237,722 | $231,532 | $201,476 | — | — |
| Paul Major | — | — | — | $184,500 | $195,129 |
| Elaine Demas | $161,302 | $135,219 | — | — | — |
| April Montgomery | $131,314 | $125,061 | — | — | — |
| Annemarie Jodlowski | $110,904 | — | — | — | — |
| Paul Major Resigned 3312022 | — | — | $72,197 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Enriches the Telluride region's quality of life by funding local initiatives, supporting self-reliance, and providing capacity-building training and resources to regional nonprofits.
Questions for Telluride Foundation
Your first name shows with your question. Telluride Foundation answers here, for everyone.
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Grants and Assistance Programs
Community and special initiative grants funded by unrestricted and restricted gifts from generous donors, the foundation has awarded over $75 million since its inception in 2000. Annually the community grants program awards approximately $1 million through a competitive grants program to eligible 501(c)(3) nonprofits that serve the…
Education and Consulting
The foundation conducts workshops and technical assistance for nonprofits to increase their capacity, capabilities, efficiency and effectiveness. Since the foundation's inception, it has provided over 560 hours of free or subsidized workshops and technical assistance to regional nonprofits.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $3.4M | $3.4M |
| InvestmentsLn 11–13 | $7.3M | $6.0M |
| Land, buildings, equipmentLn 10c | $943K | $1.0M |
| Total assetsLn 16 | $17.7M | $15.7M |
| LiabilitiesLn 26 | $3.0M | $2.6M |
| Net assetsLn 32 | $14.7M | $13.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $2.0M | $2.0M | ||
| Grants to domestic individualsLn 2 | $419K | $419K | ||
| Other salaries and wagesLn 7 | $846K | $639K | $70K | $137K |
| Other employee benefitsLn 9 | $252K | $190K | $21K | $41K |
| Payroll taxesLn 10 | $63K | $48K | $5K | $10K |
| Legal feesLn 11b | $8K | $2K | $6K | |
| Accounting feesLn 11c | $52K | $29K | $22K | $2K |
| Investment management feesLn 11f | $5K | $2K | $609 | $3K |
| Other fees for servicesLn 11g | $664K | $610K | $22K | $32K |
| Advertising and promotionLn 12 | $2K | $2K | ||
| Office expensesLn 13 | $60K | $54K | $2K | $4K |
| Information technologyLn 14 | $120K | $91K | $9K | $19K |
| OccupancyLn 16 | $80K | $72K | $3K | $5K |
| TravelLn 17 | $26K | $26K | $65 | $195 |
| Conferences, conventions and meetingsLn 19 | $30K | $24K | $2K | $4K |
| InterestLn 20 | $34K | $30K | $1K | $3K |
| Depreciation, depletion and amortizationLn 22 | $38K | $19K | $9K | $9K |
| InsuranceLn 23 | $7K | $7K | ||
| Other expenses (24a–d)Ln 24 | $180K | $95K | $85K | |
| Total functional expensesLn 25 | $4.9M | $4.2M | $276K | $355K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $6.9M | $5.8M | $1.1M | $15.8M | 990 PDF |
| FY2023 | $5.6M | $5.2M | $365K | $14.2M | 990 PDF |
| FY2022 Viewing | $3.7M | $4.9M | −$1.1M | $13.1M | 990 PDF |
| FY2021 | $5.8M | $6.1M | −$282K | $14.7M | 990 PDF |
| FY2020 | $7.9M | $6.6M | $1.4M | $15.2M | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $3,726,350 revenue, 12 lines filed
Part VI · Governance 30 of 31 board members independent, no flags
Part VIII · Statement of revenue $3,726,350 across 8 lines filed
Part IX · Statement of functional expenses $4,860,457 across 19 lines filed
Part X · Balance sheet $15,702,846 assets, 16 lines filed
Part XI · Reconciliation of net assets $13,107,365 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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