Elizabeth E Heyer Charitable Trust

BILLINGS, MT EIN: 81-3066836

Elizabeth E Heyer Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BILLINGS, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.5M in total assets. In 2024, it awarded 3 grants totaling $500K. Net investment income was $3.0M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.5M

+31.5% YoY

Annual Giving

$500K

+1.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$167K

+1.0% YoY

Under IRS private-foundation payout rules, Elizabeth E Heyer Charitable Trust reported a distributable amount of $513K for 2024 — the minimum it must pay out in qualifying distributions.

About Elizabeth E Heyer Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Nevada $1.6M (69%)

Virginia $585K (26%)

Pennsylvania $105K (5%)

States

Nevada Pennsylvania Virginia

Cities

AlexandriaElversonLas Vegas

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$10,473,395	$7,963,009	$8,723,859
Revenue	$3,403,084	$91,249	$108,842
Expenses	$892,698	$857,099	$752,665
Qualifying Distributions	$500,000	$495,000	$410,000
Net Investment Income	$3,009,237	—	—
Distributable Amount	$512,819	$461,938	$498,045

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Blind Center of Nevada ($350,000), Salvation Army ($130,000), Ebenezer Bible Chapel ($20,000).

Recipient	Purpose	Amount
Ebenezer Bible Chapel Elverson, PA	General Fund	$20,000
Salvation Army Alexandria, VA	General Fund	$130,000
The Blind Center of Nevada Las Vegas, NV	General Fund	$350,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Phillip D Bratton	Trustee	7.34	$156,962
Jerome DePalma	Trustee	7.75	$157,016
Angelina Filippo	Trustee	0.04	$900
John Heenan	Trustee	0.04	$900

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Elizabeth E Heyer Charitable Trust?

Elizabeth E Heyer Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BILLINGS, MT. It holds $10.5M in total assets as of 2024.

How large is Elizabeth E Heyer Charitable Trust?

As of 2024, Elizabeth E Heyer Charitable Trust holds $10.5M in total assets with $3.4M in annual revenue. It awarded 3 grants totaling $500K in 2024.

Where does Elizabeth E Heyer Charitable Trust operate?

Elizabeth E Heyer Charitable Trust has awarded grants in Nevada, Pennsylvania, Virginia.

What size grants does Elizabeth E Heyer Charitable Trust award?

In 2024, Elizabeth E Heyer Charitable Trust awarded 3 grants totaling $500K — an average of about $167K per grant, based on its IRS Form 990 filings.

How much is Elizabeth E Heyer Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Elizabeth E Heyer Charitable Trust reported a distributable amount of $513K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Elizabeth E Heyer Charitable Trust's EIN?

Elizabeth E Heyer Charitable Trust's EIN (Employer Identification Number) is 81-3066836. IRS Form 990 filing data is available on this page for 2020–2024.