Don K Family Foundation

Foundation · Grantmaker Whitefish, MT EIN: 88-4272489

Don K Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Whitefish, MT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 12 grants totaling $80K. Net investment income was $172K.

Key facts about Don K Family Foundation

In short: Don K Family Foundation gave $80K across 12 grants in 2024 (avg $7K), mostly in Montana. Source: 2024 IRS Form 990-PF.

EIN
88-4272489
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$80,363
Grants made (2024)
12
Average grant
$6,697
Median grant
$5,000
Total assets
$2,141,113
Primary geography
Montana (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

+168.2% YoY

Annual Giving

$80K

+30.7% YoY

Grant Count

12

+33.3% YoY

Avg Grant Size

$7K

-2.0% YoY

Under IRS private-foundation payout rules, Don K Family Foundation reported a distributable amount of $78K for 2024 — the minimum it must pay out in qualifying distributions.

How Don K Family Foundation gives

  • 30% of 2024 grantees were also funded in 2023. Method
  • In 2024 it paid out 109% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 12 itemized 2024 grant dollars.

States

Cities

KalispellWhitefishMissoulaGreat FallsColumbia FallsEurekaTrego

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K0 grants20229 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Montana Veteran's Association Foundation: $20K across 2 grantsMontana Veteran's AssociationFoundation$20K · 2 grantsGreat Fish Community Challenge: $18KGreat Fish Community Challenge$18KBig Hearts & Open Arms Inc: $15KBig Hearts & Open Arms Inc$15KUnited Veteran's of Flathead Valley: $10KUnited Veteran's of FlatheadValley$10KKalispell Acquatic Team Swim Club: $5KKalispell Acquatic Team SwimClub$5KBackstoppers Foundation: $5KBackstoppers Foundation$5KUnderwater Soldiers Inc: $3KUnderwater Soldiers Inc$3KMontana State Music Teachers Association: $3KMontana State Music TeachersAssociation$3KFlathead Basketball Clue: $1KFlathead Basketball Clue$1KKalispell Area Music Teachers Association: $600 across 2 grantsKalispell Area Music TeachersAssociation$600 · 2 grants

Grant Size Distribution

21 grants across all recorded years

21<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
GREAT FISH COMMUNITY CHALLENGE Whitefish, MTSAMARITAN HOUSE, KALISPELL EDUCATION FOUNDATION$18,000
MONTANA VETERAN'S ASSOCIATION FOUNDATION Missoula, MTMVAF VETERAN PROGRAMS$15,000
BIG HEARTS & OPEN ARMS INC Trego, MTBOOT AND COAT DRIVE, GENERAL FUND$15,000
UNITED VETERAN'S OF FLATHEAD VALLEY Kalispell, MTTRANSPORTATION FUND$10,063
KALISPELL ACQUATIC TEAM SWIM CLUB Kalispell, MTSPLASH CAMP 2024$5,000
BACKSTOPPERS FOUNDATION Kalispell, MTSCHOLARSHIP FUND$5,000
MONTANA VETERAN'S ASSOCIATION FOUNDATION Missoula, MTWARRIOR TEAM HUNT PROGRAM$5,000
UNDERWATER SOLDIERS INC Columbia Falls, MTANNUAL FUNDRAISER$3,000
MONTANA STATE MUSIC TEACHERS ASSOCIATION Great Falls, MTMSMTA CONFERENCE 2024$2,700
FLATHEAD BASKETBALL CLUE Kalispell, MTCOURT SPONSORSHIP 2024 HOOPFEST$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M202220232024
Metric202420232022
Total Assets$2,141,113$798,402$702,327
Revenue$683,971$223,893$1,022,603
Expenses$107,004$79,334—
Qualifying Distributions$85,875$66,103—
Net Investment Income$171,901$69,012$2,516
Distributable Amount$78,473$48,358$4,213

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

Don K Family Foundation's 2024 filing lists 6 officers; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Debbie Kaltschmidt

    Founder & Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Don Kaltschmidt

    Founder & Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Erik Kaltschmidt

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Kevin Kaltschmidt

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Shanna Kaltschmidt

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jason Kaltschmidt

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Jason Kaltschmidtson (2022–2023) — Trustee

Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Don K Family Foundation

How much does Don K Family Foundation give each year?

Don K Family Foundation gave $80K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $62K across 9 grants.

What is Don K Family Foundation's typical grant size?

Don K Family Foundation's median grant in 2024 was $5,000, and its average grant was $6,697, across 12 grants on its 2024 IRS Form 990-PF.

Where does Don K Family Foundation give grants?

Don K Family Foundation gives mostly in Montana: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Kalispell, MT (6 grants) and Missoula, MT (2 grants).

Does Don K Family Foundation give general operating support?

Occasionally: 8% of Don K Family Foundation's 2024 grants with a stated purpose (1 of 12) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Don K Family Foundation's largest grantees?

Don K Family Foundation's largest 2024 grantees include Montana Veteran's Association Foundation ($20,000 across 2 grants), Great Fish Community Challenge ($18,000) and Big Hearts & Open Arms Inc ($15,000), according to its 2024 IRS Form 990-PF. Together they received 66% of its itemized 2024 grant dollars.

How large is Don K Family Foundation?

Don K Family Foundation reported $2.1M in total assets on its 2024 IRS Form 990-PF. It paid out $86K in qualifying distributions that year, against a required minimum of $78K (roughly 5% of its investment assets).

What is Don K Family Foundation?

Don K Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Whitefish, MT. It holds $2.1M in total assets as of 2024.

What is Don K Family Foundation's EIN?

Don K Family Foundation's EIN (Employer Identification Number) is 88-4272489. IRS Form 990 filing data is available on this page for 2022–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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