GE McDonald Foundation

BILLINGS, MT EIN: 88-0393923

GE McDonald Foundation is a private foundation focused on Human Services, based in BILLINGS, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $649K in total assets. In 2024, it awarded 14 grants totaling $160K. Net investment income was $266K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$649K

+55.5% YoY

Annual Giving

$160K

-16.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$11K

-16.8% YoY

Under IRS private-foundation payout rules, GE McDonald Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

About GE McDonald Foundation

Based on IRS filings

Focus Areas

Human Services

Ready to take the next step with GE McDonald Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Montana $467K (57%)

Ohio $357K (43%)

States

Montana Ohio

Cities

BillingsColumbusDublin

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$648,852	$417,299	$302,470
Revenue	$436,501	$359,322	$321,327
Expenses	$204,948	$244,493	$194,351
Qualifying Distributions	$161,048	$196,934	$155,478
Net Investment Income	$266,034	$204,996	$137,866
Distributable Amount	$19,627	$12,247	$8,515

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 2024

Grant Size Distribution

61 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Dave Thomas Foundation for Adoption ($83,603), Rocky Mountain College ($20,000), Boys & Girls Club ($12,040).

Recipient	Purpose	Amount
Alberta Bair Theater Billings, MT	Program Sponsorship	$10,000
Billings Chamber of Commerce Foundation Billings, MT	Program Sponsorship	$1,000
Billings Clinic Foundation Billings, MT	Program Sponsorship	$500
Billings Family YMCA Billings, MT	Program Sponsorship	$10,000
Billings Public Library Foundation Billings, MT	Program Sponsorship	$2,000
Boys & Girls Club Billings, MT	Program Sponsorship	$12,040
Community Leadership and Development Inc Billings, MT	Program Sponsorship	$2,500
Dave Thomas Foundation for Adoption Dublin, OH	Program Sponsorship	$83,603
Keestone Communication Billings, MT	Program Sponsorship	$500
Billings Catholic Schools Foundation Billings, MT	Program Sponsorship	$3,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Gregory C McDonald	Director	1	—
Eileen M McDonald	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is GE McDonald Foundation?

GE McDonald Foundation is a private foundation focused on Human Services, based in BILLINGS, MT. It holds $649K in total assets as of 2024.

How large is GE McDonald Foundation?

As of 2024, GE McDonald Foundation holds $649K in total assets with $437K in annual revenue. It awarded 14 grants totaling $160K in 2024.

Where does GE McDonald Foundation operate?

GE McDonald Foundation has awarded grants in Montana, Ohio.

What size grants does GE McDonald Foundation award?

In 2024, GE McDonald Foundation awarded 14 grants totaling $160K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is GE McDonald Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, GE McDonald Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.