Bruno and Evelyne Betti Foundation

BILLINGS, MT EIN: 26-4539000

Bruno and Evelyne Betti Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BILLINGS, MT. IRS filing data is available from 2020 through 2021. In 2021, it awarded 13 grants totaling $6.0M. Net investment income was $335K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$6.0M

-49.4% YoY

Grant Count

+8.3% YoY

Avg Grant Size

$459K

-53.3% YoY

Under IRS private-foundation payout rules, Bruno and Evelyne Betti Foundation reported a distributable amount of $121K for 2021 — the minimum it must pay out in qualifying distributions.

About Bruno and Evelyne Betti Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Washington $13.2M (75%)

Montana $4.5M (25%)

States

Montana Washington

Cities

BillingsEverettLaceyLewistownOlympiaTeninoTumwaterTwispWenatchee

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$5,661,901
Revenue	$451,341	$14,593,998
Expenses	$6,318,498	$12,069,598
Qualifying Distributions	$6,269,518	—
Net Investment Income	$334,655	$100,077
Distributable Amount	$121,022	$568,894

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 2021

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Central Montana Foundation ($1,600,000), Central Montana Foundation ($1,410,000), South Puget Sound Community College Foundation ($605,000).

Recipient	Purpose	Amount
BOYS & GIRLS CLUBS OF SNOHOMISH COUNTY EVERETT, WA	BREWSTER WA BOYS AND GIRLS CLUB TOURNAMENT	$10,000
CENTRAL MONTANA FOUNDATION LEWISTOWN, MT	PETROLEUM COUNTY COMMUNITY CENTER ENDOWMENT	$1,410,000
COMMUNITY FOUNDATION OF NORTH CENTRAL WASHINGTON WENATCHEE, WA	OKANOGAN FIRE DISTRICT 6 EQUIPMENT & TOWER	$500,000
COMMUNITY FOUNDATION OF NORTH CENTRAL WASHINGTON WENATCHEE, WA	CREATE A FUND DESIGNATED FOR THE BENEFIT OF THE BREWSTER BOYS AND GIRLS CLUB	$105,000
METHOW VALLEY RIDING UNLIMITED WENATCHEE, WA	UNRESTRICTED GRANT FOR PROGRAM SUPPORT	$5,000
COMMUNITY FOUNDATION OF SOUTH PUDGET SOUND OLYMPIA, WA	ESTABLISH A NON-ENDOWED FIELD OF INTEREST FUND TO SUPPORT CHARITABLE PROGRAMS AND SERVICES THAT A) PROVIDE OPPORTUNITIES TYPICALLY NOT OTHERWISE AVAILABLE PARTICULARLY IN SMALLER COMMUNTITIES, (B) WHICH PROMOTE A TECHNICAL OR PROFESSIONAL SKILL NOT OTHERWISE GENERALLY AVAILABLE IN THE COMMUNITY TO YOUNG MEN AND WOMEN LEADING TO A LIFETIME CAREER, (C) WHICH ENABLE TO HANDICAPPED OR UNDERPRIVLEGED TO ACHIEVE LIFE GOALS AND (D) WHICH PROMOTE THE ABILITY OF WORKING INDIVIDUALS TO BECOME MORE PRODUCTIVE MEMBERS OF SOCIETY.	$200,000
SOUTH PUGET SOUND COMMUNITY COLLEGE FOUNDATION OLYMPIA, WA	CREATE AN ENDOWED FUND TO SUPPORT NURSING SCHOLARSHIPS	$605,000
ST MARTINS UNIVERSITY FOUNDATION LACEY, WA	CREATE THE BRUNO AND EVELYNE BETTI FOUNDATION LEGACY NURSING SCHOLARSHIP ENDOWMENT	$605,000
ST JOHN'S LUTHERAN MINISTRIES FOUNDATION BILLINGS, MT	NURSING HOME DIVISION SUPPORT	$500,000
TENINO BOYS & GIRLS CLUB TENINO, WA	SUPPORT PROGRAMS DESIGNED TO EMPOWER KIDS AND TEENS TO EXCEL IN SCHOOL, BECOME GOOD COMMUNITY MEMBERS AND LEAD HEALTHY, PRODUCTIVE LIVES.	$13,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
STANLEY HILL	PRESIDENT	35	$98,500
THOMAS REINHARDT	VICE PRESIDENT	5	$68,000
ALEXANDER MACKIE	SECRETARY, TREASURER	5	$71,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Bruno and Evelyne Betti Foundation?

Bruno and Evelyne Betti Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BILLINGS, MT. It holds — in total assets as of 2021.

Where does Bruno and Evelyne Betti Foundation operate?

Bruno and Evelyne Betti Foundation has awarded grants in Montana, Washington.

What size grants does Bruno and Evelyne Betti Foundation award?

In 2021, Bruno and Evelyne Betti Foundation awarded 13 grants totaling $6.0M — an average of about $459K per grant, based on its IRS Form 990 filings.

How much is Bruno and Evelyne Betti Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Bruno and Evelyne Betti Foundation reported a distributable amount of $121K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bruno and Evelyne Betti Foundation's EIN?

Bruno and Evelyne Betti Foundation's EIN (Employer Identification Number) is 26-4539000. IRS Form 990 filing data is available on this page for 2020–2021.