Dennis & Phyllis Washington Foundation

MISSOULA, MT EIN: 36-3606913

The Dennis & Phyllis Washington Foundation is a private 501(c)(3) grantmaking foundation established in 1988 and based in Missoula, Montana. The foundation is the major philanthropic organization for The Washington Companies and the Washington family. It strives to better the human condition by supporting programs and services that give people the tools to enhance the quality of their lives and to benefit society as a whole.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1B

+1.3% YoY

Annual Giving

$50.0M

+4.4% YoY

Grant Count

547

+0.7% YoY

Avg Grant Size

$91K

+3.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to invest in people to improve the quality of their lives. The foundation supports a broad spectrum of worthy organizations with special emphasis directed toward programs designed to provide direct service to at-risk youth, economically and socially disadvantaged individuals and families, and those with special needs.

Primary funding areas include:

  • Education — Higher education scholarships and funding for two-year, four-year, and graduate scholarship programs
  • Arts & Culture — Cultural endeavors that bring people together to share creative talents, intellects, passions, and customs
  • Health & Human Services — Programs ensuring access to basic health care services to vulnerable community members
  • Community Service — Programs that improve communities where people work, play, and live

Grantmaking

The foundation is highly active in grantmaking. According to recent financial data, the foundation made 502 grants in 2024. Typical grant awards range from $150 to $22,500,000.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Montana, Washington, and Oregon, with particular emphasis on Montana communities where the Washington family lives and works.

Grant Distribution by State

27states
+19 more states

Cities

AbsarokeeAlbertonAlexandriaAnacondaAnacortesAntelopeArleeArlingtonAshlandAvonBeavertonBelfryBelgradeBentonvilleBig SandyBig TimberBigforkBillingsBlaineBoise

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $1,065,856,949
  • Total Revenue: $23,741,757
  • Total Expenses: $50,639,590
  • Total Liabilities: $43,000,000

Historical Impact:

  • $499 million+ in grants awarded over 34+ years of operation
  • 250,000+ lives touched through foundation support

Funding for the foundation comes from personal contributions from the Washington family and annual contributions from The Washington Companies.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$37M$74M$112M$149M20202021202220232024
Metric202420232022
Total Assets$1,065,856,949$1,052,645,253$979,809,616
Revenue$23,741,757$-22,884,591$14,908,793
Expenses$50,639,590$53,279,581$61,633,129
Qualifying Distributions$50,860,504$48,698,069$49,205,950
Net Investment Income$11,914,433$16,249,571$21,002,122
Distributable Amount$51,525,022$47,319,038$48,804,965

Giving Over Time

Total grant dollars and number of grants per year

$0$13M$25M$38M$50M646 grants2020471 grants2021497 grants2022543 grants2023547 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MONTANA TECH FOUNDATION …$180KMAINSTREET UPTOWN BUTTE$100KMCT INC$75KBIG SKY FILM INSTITUTE$20KMONTANA STATE UNIVERSITY…$20KMONTANA STATE UNIVERSITY…$20KMONTANA CASAGAL ASSOCIAT…$20KUNIVERSITY OF MONTANA FO…$20KUNIVERSITY OF MONTANA FO…$20KUNIVERSITY OF MONTANA WE…$16K

Grant Size Distribution

250 grants across all recorded years

237<$50K6$50–100K7$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

5 open opportunities from Dennis & Phyllis Washington Foundation

Show all 5 →

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

MIKE HALLIGANOUTGOING EXEC. DIRECTOR$214K

From 2024 filing

NameTitleHoursCompensation
PHYLLIS J WASHINGTONDIRECTOR5
JERRY K LEMONCHIEF INVESTMENT OFFICER4
MIKE HALLIGANOUTGOING EXEC. DIRECTOR40$214,025
KEVIN WASHINGTONDIRECTOR1
KYLE WASHINGTONDIRECTOR1
MATTHEW K ROSEPRESIDENT/DIRECTOR2
JOE RACICOTSECRETARY/TREASURER1
JON BENNIONINCOMING EXEC. DIRECTOR2

Recent News & Activity

Recent developments and announcements

The foundation has announced several significant grants in recent periods:

Washington Foundation grants $15 million for Butte hub

$350,000 distributed to organizations across Montana

Dennis and Phyllis Washington Foundation gives $350K to organizations across

$2.5 million grant to scale skills-based pathways across Montana in partnership with Education Design Lab

$2.5 million grant from Dennis and Phyllis Washington Foundation to scale

$1 million grant to the Boys and Girls organization

$2.5 million grant from Dennis and Phyllis Washington Foundation to scale

Contact Information

Address: The Dennis & Phyllis Washington Foundation P.O. Box 16630 Missoula, MT 59808

Phone: (406) 523-1888

Website: www.dpwfoundation.org

Note: The foundation does not respond to inquiries regarding business ventures, investment opportunities, economic development ideas, or requests to contact members of the Washington family.

Related Funders

Similar funders by location and focus area

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

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