Billings Catholic Schools Foundation logo

Billings Catholic Schools Foundation

Public charity · Grantmaker Billings, MT EIN: 38-3819006 Website

Established on a legacy of faith and philanthropy, the Billings Catholic Schools Foundation provides for the immediate needs and lasting stability of our billings catholic schools to support an exceptional catholic education for our community's families.

Key facts about Billings Catholic Schools Foundation

In short: Billings Catholic Schools Foundation gave $2.0M across 1 grant in 2025 (avg $2.0M), mostly in Montana. Source: 2025 IRS Form 990.

EIN
38-3819006
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$2,046,728
Grants made (2025)
1
Average grant
$2,046,728
Median grant
$2,046,728
Total assets
$37,315,429
Primary geography
Montana (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$37.3M

+4.8% YoY

Annual Giving

$2.0M

-4.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$2.0M

-4.0% YoY

How Billings Catholic Schools Foundation gives

  • Giving grew 26% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Billings Catholic Schools Foundation

Based on IRS filings

Billings Catholic Schools Foundation is a public charity focused on Education, based in Billings, MT. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $37.3M in total assets. In 2025, it awarded 1 grant totaling $2.0M. Net investment income was $1.6M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Billings

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $897K (2021) to $2.8M (2023). In 2025 it made 1 grant totaling $2.0M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Billings Catholic Schools: $2.0MBillings Catholic Schools$2.0M

The largest 2025 recipient was Billings Catholic Schools ($2.0M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M4$1–5M$5M+

The most common grant size was in the $1–5M range: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Billings Catholic Schools Billings, MTFostering the continued success and enrichment of the billings catholic schools$2,046,728

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$37,315,429$35,606,290$32,904,984
Revenue$4,085,576$3,456,090$2,814,498
Expenses$3,123,388$3,167,217$3,762,544
Net Investment Income$1,603,670$1,241,496$786,966

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
  5. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)

Leadership & Key People

Officers and directors from IRS filings

Billings Catholic Schools Foundation is led by Adam Liberty, Executive Director & President on every filing since 2021; 1 of 21 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Adam Liberty

    Executive Director & President

    On filings since 2021

    40 hrs/week

    $75K (2022) → $86K (2025)

  • Colton Welhaven

    Board Chairman

    Director → Board Chairman, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Austin Trunkle

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Brittanie Paquette

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Connor Cunningham

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Quinn Donovan

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Rebekah Williams

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jared Harris

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Rick McCann

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Christine Harris

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Rachel Turley

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Aleksei Grosulak

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Caitlin Corson

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Edward Avila

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Patrick Beddow

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Shanna Tourtlotte

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Chris Newbury

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Ralph Studer III

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Bryce Burke

    Secretary & Treasurer

    Director → Secretary & Treasurer, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Amy Reger

    Vice Chairman

    Director → Vice Chairman, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Andrew McDonald

    Ex-Officio Member

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (14)
  • Former: Cote Mangel (2021–2023) — Board Chairman
  • Former: Ryan Toner (2021–2023) — Director
  • Former: Tricia Hansen (2021–2023) — Vice Chairman
  • Former: Jan Kirk (2021–2022) — Director
  • Former: Jeremy Hauk (2021–2022) — Director
  • Former: John Newbury (2021–2022) — Director
  • Former: Shannon Jensen (2021–2022) — Director
  • Former: Kevin Riley (2022) — Director
  • Former: Alexandra McCready (2021) — Director
  • Former: Bob Brown (2021) — Treasurer
  • Former: Dan Williams (2021) — Director
  • Former: Hanna Wagner (2021) — Director
  • Former: Jason Mueller (2021) — Director
  • Former: Jennifer Sayler (2021) — Vice Chair

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Adam Liberty — Exec Director/President: $86KAdam LibertyExec Director/President$86K

The highest reported compensation on the 2025 filing was $86K, to Adam Liberty (Exec Director/President).

Frequently asked questions about Billings Catholic Schools Foundation

How much does Billings Catholic Schools Foundation give each year?

Billings Catholic Schools Foundation gave $2.0M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.1M across 1 grant.

How large is Billings Catholic Schools Foundation?

Billings Catholic Schools Foundation reported $37.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.1M.

What is Billings Catholic Schools Foundation?

Billings Catholic Schools Foundation is a public charity focused on Education, based in Billings, MT. It holds $37.3M in total assets as of 2025.

Where does Billings Catholic Schools Foundation operate?

Billings Catholic Schools Foundation has awarded grants in Montana.

What is Billings Catholic Schools Foundation's EIN?

Billings Catholic Schools Foundation's EIN (Employer Identification Number) is 38-3819006. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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