Billings Community Foundation logo

Billings Community Foundation

BILLINGS, MT EIN: 20-4286919 Website

TO ENHANCE THE CAPACITY OF DONORS AND CHARITABLE ORGANIZATIONS TO MEET THE NEEDS OF THE GREATER BILLINGS COMMUNITY. WE MANAGE ENDOWMENT FUNDS FOR COMMUNITY 501 (C)(3) ORGANIZATIONS IN THE GREATER BILLINGS, MT AREA. BILLINGS COMMUNITY FOUNDATION HAS OVER 50 FUNDS FOR CHARITIES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.4M

+12.7% YoY

Annual Giving

$320K

+90.7% YoY

Grant Count

15

+7.1% YoY

Avg Grant Size

$21K

+78.0% YoY

About Billings Community Foundation

Based on IRS filings

Billings Community Foundation is a nonprofit organization, based in BILLINGS, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.4M in total assets. In 2024, it awarded 15 grants totaling $320K. Net investment income was $289K.

Ready to take the next step with Billings Community Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BillingBillingsBozemanColumbusCorningCrow AgencyGreat FallsHelenaJolietLewistownMissoulaNormandy ParkOgdensburgWyola

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$588K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$10,409,121$9,235,183$7,484,223
Revenue$1,297,674$2,138,765$1,876,209
Expenses$1,096,635$1,027,071$895,325
Qualifying Distributions
Net Investment Income$289,355$238,486$371,921
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$95K$190K$285K$380K16 grants202021 grants20219 grants202214 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MURYL AND LU MYHRE FOUND…$104KMATTHEWS-DOUSMAN MEMORIA…$49KNATALIE A DIETRICH SCHOL…$28KWYOLA DEVELOPMENT FUND$21KSUBSTANCE ABUSE CONNECT$20KFRANK AND MARGO KELLEY DAF$17KJAMES WRIGHTSON EDUCATIO…$15KYELLOWSTONE RIVER PARKS …$15KVARELA FAMILY FUND DAF$10KSTILLWATER HISTORICAL SO…$9K

Grant Size Distribution

75 grants across all recorded years

68<$50K5$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

3 open opportunities from Billings Community Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ZACHARY TERAKEDISEXECUTIVE DIRECTOR$22K

From 2024 filing

NameTitleHoursCompensation
LORI BYRONSECRETARY2
MARY WALKS OVER ICEDIRECTOR2
MIKE PHILLIPSDIRECTOR2
JOY CULVERTREASURER15
JACK NICKELSDIRECTOR3
LISA OLMSTEDPRESIDENT1
CAROLYN SEVIERVICE PRESIDENT3
TIM LEHMANDIRECTOR1
MATTHEW SCHAFERDIRECTOR1
TYSON DYEDIRECTOR1
ZACHARY TERAKEDISEXECUTIVE DIRECTOR20$22,386

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Billings Community Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities