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Governance Register
US nonprofit · EIN 471648023 · Montrose, COiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 471648023) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990PF for the year to 31 December 2025: assets, liabilities, staff, website, telephone, pay.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.2026 return IRS e-file (TEOS) 2026 release: 990PF for the year to 31 December 2025.Deductibility IRS Publication 78 data (code PF), downloaded 18 October 2026.State registers Colorado Secretary of State (17 October 2026).Licence US Federal Government public domain.How we handle data

Heartfelt Scholarship Foundation Inc's network

5 people1 organisationi5 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record.
NameRole as filedSinceOn the board
Hagle Summers ChairChair2018
8 yrs
Jeremy SpencerSecretary/Treas2018
8 yrs
Jim WelchDirector2018
8 yrs
Linda SummersVice Chair2018
8 yrs
Rachael SpencerDirector2018
8 yrs
Under 5 years5 to 6 years6 years or more

Pay and hours

year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Hagle SummersChair0$0
Linda SummersVice Chair0$0
Jeremy SpencerSecretary/Treas0$0
Rachael SpencerDirector0$0
Jim WelchDirector0$0

No pay was reported for anyone in Part VII on this return.

Colorado roster

7 listediOfficers, directors and trustees from the latest filing with the Colorado Secretary of State (document 20263024408). Titles are as filed; some entries are registered agents or custodians of records rather than board members. Source: data.colorado.gov, public domain.
NameTitle as filed
Hagle SummersChairperson
Jeremy SpencerTreasurer/Secretary
Hagle SummersChair
Rachael SpencerDirector
Jim WelchDirector
Jeremy Spencer
Linda SummersVice Chairperson

About

Legal name
Heartfelt Scholarship Foundation Inc
EIN
471648023
Address
Po Box 71, Montrose, CO, 81402-0071
State
Colorado
Activity (NTEE)
B82 Education
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Education
Size band
2 (IRS master file code)
IRS ruling date
1 September 2014
Status
Code 01 (unconditional exemption)
Form 990 filings on record
5, latest 2023
IRS Publication 78
PF (contributions deductible)

Most connected

Longest observed on the filings

≥8years on the filingsHagle Summers
≥8years on the filingsJeremy Spencer
≥8years on the filingsJim Welch
≥8years on the filingsLinda Summers

Latest return

year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.
Total assets
$14k
Net assets or fund balances
$14k

State registration

1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.
Heartfelt Scholarship Foundation, Inc likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: Colorado Secretary of State (CDOS), business entities (data.colorado.gov 4ykn-tg5h). Licence: public domain. Data last fetched 18 October 2026.
State
Colorado
Entity type
nonprofit corporation
Status
Good Standing
Formed
20 August 2014
Registered agent
Jeremy S Spencer (city and state not held)

This register does not publish officers or directors.