MONTERA ENDOWED SCHOLARSHIP FUND: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- MONTERA ENDOWED SCHOLARSHIP FUND (EIN 20-1859199)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-28
- IRS object ID
- 202523019349100837
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-28T13:37:21-07:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 453686247 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DRYG BUTLER CPAS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2755 North Garfield Avenue | AddressLine1Txt |
| City | Loveland | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80538 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201859199 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Montera Endowed Scholarship Fund | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MONT | BusinessNameControlTxt |
| Phone | 9704541357 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 Oak Avenue | AddressLine1Txt |
| City | Eaton | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80615 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Richard A Montera | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2025-10-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Teresa Butler | PreparerPersonNm |
| PTIN | P00934578 | PTIN |
| Phone | 9706632020 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $818,408 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $15 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $15 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $14,092 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $14,092 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $60,828 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $194,895 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $60,828 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $74,935 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $74,935 | TotalNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,167 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $499 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $7,708 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,854 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,854 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $8,875 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,353 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,854 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,899 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,899 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $14,774 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,353 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,753 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $60,161 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $70,582 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prepaid Expenses BOY | $2,423 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,755 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,755 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $475,535 | CorporateStockBOYAmt |
| Corporate Stock EOY | $540,202 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $816,653 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $3,838 | OtherAssetsBOYAmt |
| Total Assets BOY | $481,796 | TotalAssetsBOYAmt |
| Total Assets EOY | $541,957 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $818,408 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $607,466 | CapitalStockBOYAmt |
| Capital Stock EOY | $607,466 | CapitalStockEOYAmt |
| Retained Earning BOY | -$125,670 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$65,509 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $481,796 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $541,957 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $481,796 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $541,957 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $481,796 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $60,161 | ExcessRevenueOverExpensesAmt |
| Subtotal | $541,957 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $541,957 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SECURITY SALES | P | 2012-01-01 | 2024-12-31 | $192,575 | $134,067 | $58,508 | $58,508 |
| Capital Gain Dividends | $2,320 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $60,828 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $981 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $981 | SubtotalAmt |
| Tax Based On Investment Income | $981 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,755 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $1,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $3,255 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,274 | OverpaymentAmt |
| Applied To ES Tax | $2,274 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Montera Endowed Scholarship Fu | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9704541357 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 Oak Avenue | AddressLine1Txt |
| City | Eaton | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80615 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Richard A Montera | ||||||
| 134 Oak Avenue | Eaton | CO | 80615 | President | 1.00 | $0 |
| Richard L Monfort | ||||||
| 134 Oak Avenue | Eaton | CO | 80615 | Sec/Treas | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $792,511 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,755 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $794,266 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $794,266 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $11,914 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $782,352 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $39,118 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $39,118 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $981 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $981 | TotalTaxAmt |
| Distributable Before Adj | $38,137 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $38,137 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $38,137 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,753 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $9,753 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $38,137 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $13,080 | ExcessDistributionCyovYr5Amt |
| Total Excess Distribution Cyov | $13,080 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,753 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $9,753 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $13,080 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $13,080 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $15,304 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Richard A Montera | ContributingManagerNm |
| Contributing Manager | Richard L Monfort | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Dave Evans | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 Oak Avenue | AddressLine1Txt |
| City | Eaton | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80615 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9704541357 | RecipientPhoneNum |
| Form And Info And Materials | Provided by employer to which the program relates. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | Grants provided under an employer-related program to children of employees of the employer to which the program relates pursuant to Rev. Proc. 76-47. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| UNIVERSITY OF NORTHERN COLORADO | |||||||
| ON BEHALF OF MABEL GUERRA QUINONEZ | GREELEY | CO | 80639 | NONE | PC | Scholarship | $899 |
| COLORADO STATE UNIVERSITY | |||||||
| ON BEHALF OF TATIANA QUINONEZ | FORT COLLINS | CO | 80523 | NONE | PC | Scholarship | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,899 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $15 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $14,092 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $60,828 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $74,935 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $74,935 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Investment Management Expense | Desc |
| Revenue And Expenses Per Books | $7,708 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $3,854 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,854 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Federal Taxes | $668 | |
| Foreign Taxes | $499 | $499 |