Charles M Bair Memorial Trust
The Charles M Bair Memorial Trust is a private foundation established in 1979 and located in Billings, Montana. Administered by US Bank Trust Department, the trust operates as a 501(c)(3) organization with EIN 81-0370774. The foundation primarily funds educational scholarships and supports regional healthcare initiatives in Montana.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$10.1M
-3.2% YoY
Annual Giving
$1.8M
+15.7% YoY
Grant Count
40
+5.3% YoY
Avg Grant Size
$44K
+9.9% YoY
Under IRS private-foundation payout rules, Charles M Bair Memorial Trust reported a distributable amount of $372K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The trust's primary purpose is to fund scholarships for high school graduates who have lived in and attended school in Meagher County or Wheatland County, Montana. Each year, the trust funds 8 scholarships to qualifying students.
Beyond scholarships, the foundation sustains regional healthcare through grants to medical facilities and supports general charitable expenses and capital expenditures.
Grantmaking
The trust made 39 grants in its most recent fiscal year. Recent grants include:
Grant Range
s**
How to Apply
**
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Geographic Focus
Where this funder awards grants
The trust funds scholarships specifically for students from Meagher County and Wheatland County, Montana. Grant funding supports nonprofit organizations and governmental entities operating in the State of Montana.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2025:
- Total Assets: $10,092,243
- Total Revenues: $1,530,904
- Total Expenses: $1,863,107
- Total Giving: $1,769,525
- Number of Employees: 0
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $10,092,243 | $10,423,101 | $10,642,953 |
| Revenue | $1,530,904 | $1,400,252 | $1,486,479 |
| Expenses | $1,863,107 | $1,620,104 | $1,452,393 |
| Qualifying Distributions | $1,813,280 | $1,569,314 | $1,407,337 |
| Net Investment Income | $437,148 | $310,774 | $447,702 |
| Distributable Amount | $371,625 | $356,768 | $363,913 |
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 2025
Grant Size Distribution
189 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Billings Clinic Foundation ($575,000), Wheatland Memorial Healthcare ($230,000), Mountainview Medical Center Inc ($115,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MOUNTAINVIEW MEDICAL CENTER INC WHITE SULPHUR SPRINGS, MT | SUSTAIN REGIONAL HEALTHCARE | $115,000 |
| BILLINGS CLINIC FOUNDATION BILLINGS, MT | PASS THROUGH TO HEALTHCARE FACILITY | $575,000 |
| FIRST CHURCH OF CHRIST SCIENTIST MOTHER CHURCH BOSTON, MA | GENERAL EXPENSE OR CAPITAL EXPENDITURES | $64,500 |
| FIRST CHURCH OF CHRIST SCIENTIST BILLINGS, MT | GENERAL EXPENSE OR CAPITAL EXPENDITURES | $50,000 |
| WHEATLAND MEMORIAL HEALTHCARE HARLOWTON, MT | SUSTAIN REGIONAL HEALTHCARE | $230,000 |
| LAURA POWER HARLOWTON, MT | SCHOOL SCHOLARSHIP | $25,206 |
| MARGARET MARTIN TWO DOT, MT | SCHOOL SCHOLARSHIP | $2,500 |
| MATTHEW PHILLIPS WHITE SULPHUR SPRINGS, MT | SCHOOL SCHOLARSHIP | $19,032 |
| MELANIE POWER HARLOWTON, MT | SCHOOL SCHOLARSHIP | $10,185 |
| MESA BUTLER SHAWMUT, MT | SCHOOL SCHOLARSHIP | $30,538 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NA | N/A | — | — |
Recent News & Activity
Recent developments and announcements
In 2025, the trust distributed significant grants to regional healthcare providers, including $575,000 to Billings Clinic Foundation and $230,000 to Wheatland Memorial Healthcare, demonstrating continued commitment to sustaining healthcare infrastructure in rural Montana communities.
[PDF] Montana Foundation Directory 2016-2017Frequently Asked Questions
What does Charles M Bair Memorial Trust fund?
The trust's primary purpose is to fund scholarships for high school graduates who have lived in and attended school in Meagher County or Wheatland County, Montana. Each year, the trust funds 8 scholarships to qualifying students. Beyond scholarships, the foundation sustains regional healthcare through grants to medical facilities and supports general charitable expenses and capital expenditures.
How do I apply for a grant from Charles M Bair Memorial Trust?
**Grant Activity (2025)** The trust made 39 grants in its most recent fiscal year. Recent grants include: • Billings Clinic Foundation: $575,000 (pass-through to healthcare facility) • Wheatland Memorial Healthcare: $230,000 (sustain regional healthcare) • Mountainview Medical Center (MVMC): $115,000 (sustain regional healthcare) **Grant Sizes** Typical grant awards range from $871 to $575,000. **Application Process** • Scholarship applications are due by March 15th each year • Grant applicatio…
Where does Charles M Bair Memorial Trust make grants?
The trust funds scholarships specifically for students from Meagher County and Wheatland County, Montana. Grant funding supports nonprofit organizations and governmental entities operating in the State of Montana.
What size grants does Charles M Bair Memorial Trust award?
In 2025, Charles M Bair Memorial Trust awarded 40 grants totaling $1.8M — an average of about $44K per grant, based on its IRS Form 990 filings.
How much is Charles M Bair Memorial Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Charles M Bair Memorial Trust reported a distributable amount of $372K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Charles M Bair Memorial Trust's EIN?
Charles M Bair Memorial Trust's EIN (Employer Identification Number) is 81-0370774. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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