Carlson Music Scholarship Fund is a private foundation focused on Education, based in BILLINGS, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $530K in total assets. In 2024, it awarded 4 grants totaling $25K. Net investment income was $25K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$530K
-0.6% YoY
Annual Giving
$25K
-16.7% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$6K
-16.7% YoY
Under IRS private-foundation payout rules, Carlson Music Scholarship Fund reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
About Carlson Music Scholarship Fund
Based on IRS filings
Carlson Music Scholarship Fund is a private foundation focused on Education, based in BILLINGS, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $530K in total assets. In 2024, it awarded 4 grants totaling $25K. Net investment income was $25K.
Focus Areas
Ready to take the next step with Carlson Music Scholarship Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $530,209 | $533,385 | $546,541 |
| Revenue | $31,781 | $25,534 | $4,315 |
| Expenses | $35,011 | $38,673 | $42,957 |
| Qualifying Distributions | $28,220 | $32,990 | $36,038 |
| Net Investment Income | $25,362 | $19,500 | $9,311 |
| Distributable Amount | $30,743 | $28,626 | $29,780 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University Of Providence Endowment ($7,500), University Of Montana Foundation ($7,500), Montana State University Foundation ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| University Of Providence Endowment Great Falls, MT | EDUCATIONAL SCHOLARSHIP | $7,500 |
| University Of Montana Foundation Missoula, MT | EDUCATIONAL SCHOLARSHIP | $7,500 |
| Montana State University Foundation Bozeman, MT | EDUCATIONAL SCHOLARSHIP | $7,500 |
| Great Falls Symphony Great Falls, MT | EDUCATIONAL SCHOLARSHIP | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FIRST INTERSTATE BANK | TRUSTEE | 5 | $7,721 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Carlson Music Scholarship Fund?
Carlson Music Scholarship Fund is a private foundation focused on Education, based in BILLINGS, MT. It holds $530K in total assets as of 2024.
How large is Carlson Music Scholarship Fund?
As of 2024, Carlson Music Scholarship Fund holds $530K in total assets with $32K in annual revenue. It awarded 4 grants totaling $25K in 2024.
Where does Carlson Music Scholarship Fund operate?
Carlson Music Scholarship Fund has awarded grants in Montana.
What size grants does Carlson Music Scholarship Fund award?
In 2024, Carlson Music Scholarship Fund awarded 4 grants totaling $25K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Carlson Music Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carlson Music Scholarship Fund reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carlson Music Scholarship Fund's EIN?
Carlson Music Scholarship Fund's EIN (Employer Identification Number) is 48-1276104. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Carlson Music Scholarship Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Day to Day Vermont Foundation
WILMINGTON, DE
Assets
$1.5M
Grants
3
Total Given
$110K
Treacy Foundation
HELENA, MT
Assets
$42.0M
Grants
100
Total Given
$2.2M
Sahni Family Foundation
HOUSTON, TX
Assets
$377K
Grants
12
Total Given
$58K
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
Harley-davidson Foundation Inc
MILWAUKEE, WI
Assets
—
Grants
42
Total Given
$1.3M
Reed Family Foundation Inc
LAKE GENEVA, WI
Assets
$26.8M
Grants
220
Total Given
$3.2M
Kpmg Us Foundation Inc
MONTVALE, NJ
Assets
$13.2M
Grants
369
Total Given
$25.3M
Otto Bremer Trust
ST PAUL, MN
Assets
—
Grants
883
Total Given
$68.5M
Trailsend Foundation
ATLANTA, GA
Assets
$116.6M
Grants
47
Total Given
$6.6M
The Arthur M Blank Family Foundation
ATLANTA, GA
Assets
—
Grants
586
Total Given
$212.1M
Montana Healthcare Foundation
BOZEMAN, MT
Assets
—
Grants
162
Total Given
$5.2M
Ellucian Foundation
RESTON, VA
Assets
$106K
Grants
36
Total Given
$585K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Carlson Music Scholarship Fund 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
Go from researching Carlson Music Scholarship Fund to a real strategy.