Public Charity

THE SUMMIT FOUNDATION

THE SUMMIT FOUNDATION is a Public Charity headquartered in BRECKENRIDGE, CO. Financial data from the 2025 filing: $9.0M revenue, $6.7M expenses, $28.4M total assets. IRS filings disclose 910 grants awarded by this foundation, totaling roughly $26.2M.

EIN: 742341399 BRECKENRIDGE, CO Public Foundations NTEE: T30 Latest filing: 2025
Total Revenue$9.0M
Total Expenses$6.7M
Total Assets$28.4M
Grants Given910
Grant Total$26.2M
Filing Years2021–2025

Mission

FOR OVER 40 YEARS, THE SUMMIT FOUNDATION HAS BEEN THE TRUSTED PARTNER IN SUPPORTING THE ENTIRE SUMMIT COUNTY COMMUNITY AND PROVIDING STRONG LEADERSHIP TO ADDRESS THE MOST PRESSING COMMUNITY NEEDS. WE ARE RECOGNIZED AS THE LEADING PHILANTHROPIC ORGANIZATION FOR SUMMIT COUNTY AND OUR NEIGHBORING COMMUNITIES. WE ARE COMMITTED TO CREATING EVEN BETTER MOUNTAIN COMMUNITIES BY PROVIDING LEADERSHIP, AND WORKING ACROSS ALL BOUNDARIES.

Where $100 goes at The Summit Foundation

How The Summit Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$86 Programs the work itself
$9 Management running the organization
$5 Fundraising raising the next dollar

Inside the $86 for programs

$86
We provide grants and support services for qualified tax-exempt organizations and scholarships to help hard-working students achieve their dreams of college or other post-secondary education
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Allison Simson
FORMER PRESIDENT Andy Aerenson
PRESIDENT Barb Rankin
BOARD MEMBER Bob Kopp
FORMER DIRECTOR OF FINANCE Chad Covell
BOARD MEMBER Chris Banas

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$26,179,960 903 grants
Training & Professional Development
$50,000 6 grants
Food Assistance & Nutrition
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $9.0M $6.7M $28.4M
2024 $6.4M $6.0M $24.9M
2023 $7.2M $5.2M $21.8M
2022 $4.9M $4.9M $18.4M
2021 $6.4M $5.5M $22.3M

Between 2021 and 2025, reported annual revenue grew from $6.4M to $9.0M (+40%), with total assets most recently reported at $28.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, CO, HI, ID, MA, MD, and 4 other states.

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Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE SUMMIT FOUNDATION

Complete financials, all 910 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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