Billings Community Foundation
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.
Key facts about Billings Community Foundation
- EIN
- 20-4286919
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $320,095
- Grants made (2024)
- 15
- Average grant
- $21,340
- Median grant
- $14,759
- Total assets
- $10,409,121
- Primary geography
- Montana (97% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Billings Community Foundation funds
By grant dollars, the top recipient states for Billings Community Foundation's 15 itemized 2024 grants were Montana (97%). The most frequent recipient cities were Billings, MT (9 grants). None of its 15 grants with a stated purpose were described as general or operating support. Recurring purposes include "Philanthropic Purpose" (15 grants).
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 15 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
75 grants across all recorded years
Open Grants
3 open opportunities from Billings Community Foundation
BCF Annual Grants
BILLINGS COMMUNITY FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Community Response Funds
BILLINGS COMMUNITY FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Yellowstone Valley Gives
BILLINGS COMMUNITY FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Muryl and Lu Myhre Foundation Inc ($104,000), Matthews-dousman Memorial Fund ($49,285), Natalie a Dietrich Scholarship Endowment ($27,603).
| Recipient | Purpose | Amount |
|---|---|---|
| MURYL AND LU MYHRE FOUNDATION INC GREAT FALLS, MT | PHILANTHROPIC PURPOSE | $104,000 |
| MATTHEWS-DOUSMAN MEMORIAL FUND BILLINGS, MT | PHILANTHROPIC PURPOSE | $49,285 |
| NATALIE A DIETRICH SCHOLARSHIP ENDOWMENT BILLINGS, MT | PHILANTHROPIC PURPOSE | $27,603 |
| WYOLA DEVELOPMENT FUND WYOLA, MT | PHILANTHROPIC PURPOSE | $21,220 |
| SUBSTANCE ABUSE CONNECT BILLINGS, MT | PHILANTHROPIC PURPOSE | $20,000 |
| FRANK AND MARGO KELLEY DAF BILLINGS, MT | PHILANTHROPIC PURPOSE | $16,500 |
| JAMES WRIGHTSON EDUCATIONAL ENDOWMENT BILLINGS, MT | PHILANTHROPIC PURPOSE | $15,000 |
| YELLOWSTONE RIVER PARKS ASSOCIATION INC BILLINGS, MT | PHILANTHROPIC PURPOSE | $14,759 |
| VARELA FAMILY FUND DAF BILLINGS, MT | PHILANTHROPIC PURPOSE | $9,500 |
| STILLWATER HISTORICAL SOCIETY COLUMBUS, MT | PHILANTHROPIC PURPOSE | $8,574 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LORI BYRON | SECRETARY | 2 | — |
| MARY WALKS OVER ICE | DIRECTOR | 2 | — |
| MIKE PHILLIPS | DIRECTOR | 2 | — |
| JOY CULVER | TREASURER | 15 | — |
| JACK NICKELS | DIRECTOR | 3 | — |
| LISA OLMSTED | PRESIDENT | 1 | — |
| CAROLYN SEVIER | VICE PRESIDENT | 3 | — |
| TIM LEHMAN | DIRECTOR | 1 | — |
| MATTHEW SCHAFER | DIRECTOR | 1 | — |
| TYSON DYE | DIRECTOR | 1 | — |
| ZACHARY TERAKEDIS | EXECUTIVE DIRECTOR | 20 | $22,386 |
Frequently Asked Questions
How large is Billings Community Foundation?
As of 2024, Billings Community Foundation holds $10.4M in total assets with $1.3M in annual revenue. It awarded 15 grants totaling $320K in 2024.
Where does Billings Community Foundation operate?
Billings Community Foundation has awarded grants in Montana, New York, Washington.
What size grants does Billings Community Foundation award?
In 2024, Billings Community Foundation awarded 15 grants totaling $320K — an average of about $21K per grant, based on its IRS Form 990 filings.
What is Billings Community Foundation's EIN?
Billings Community Foundation's EIN (Employer Identification Number) is 20-4286919. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Billings Community Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.