Gebhardt Scholarship Foundation

Foundation · Grantmaker Roundup, MT EIN: 81-6080867

Gebhardt Scholarship Foundation is a private foundation based in Roundup, Montana. Its 2024 filing lists awards restricted to education beyond high school.

Key facts about Gebhardt Scholarship Foundation

In short: Gebhardt Scholarship Foundation gave $122K across 41 grants in 2024 (avg $3K), mostly in Montana. Source: 2024 IRS Form 990-PF.

EIN
81-6080867
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$121,800
Grants made (2024)
41
Average grant
$2,971
Median grant
$3,000
Total assets
$990,928
Primary geography
Montana (100% of itemized 2024 grant dollars)
How to apply
The filing says the foundation does not restrict giving to preselected organizations. Full details ↓
Deadline
April 1 of each year.

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$991K

-4.4% YoY

Annual Giving

$122K

+4.5% YoY

Grant Count

41

+2.5% YoY

Avg Grant Size

$3K

+2.0% YoY

Under IRS private-foundation payout rules, Gebhardt Scholarship Foundation reported a distributable amount of $123K for 2024 — the minimum it must pay out in qualifying distributions.

How Gebhardt Scholarship Foundation gives

  • Giving grew 39% from 2021 to 2024. Method
  • In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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

Grantmaking

In 2024, the foundation reported 41 grants totaling $121,800. Grant amounts ranged from $1,200 to $4,000, with a median of $3,000. Listed recipients included MadAsia Hersel of Scobey, Jessica Thompson, Kylee Altmiller, Lillian MacDonald, Aubrey Tulloch, and Brady Shrenk of Plains, each receiving $4,000 for “SCHOOL.”

Review Cycle

** April 1 of each year.

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Geographic Focus

Where this funder awards grants

All grant dollars reported for 2024 went to recipients in Montana.

Grant Distribution by State

1state

Share of all 41 itemized 2024 grant dollars.

States

Cities

RoundupPlainsScobeyMelstoneLavinaRoy

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K50 grants202047 grants202147 grants202240 grants202341 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Madasia Hersel: $4KMadasia Hersel$4KJessica Thompson: $4KJessica Thompson$4KKylee Altmiller: $4KKylee Altmiller$4KLillian Macdonald: $4KLillian Macdonald$4KAubrey Tulloch: $4KAubrey Tulloch$4KBrady Shrenk: $4KBrady Shrenk$4KTess Shaw: $3KTess Shaw$3KAnne Anderson: $3KAnne Anderson$3KMichael Bergin: $3KMichael Bergin$3KRylee Green: $3KRylee Green$3K

Grant Size Distribution

225 grants across all recorded years

225<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
MADASIA HERSEL Scobey, MTSCHOOL$4,000
JESSICA THOMPSON Plains, MTSCHOOL$4,000
KYLEE ALTMILLER Plains, MTSCHOOL$4,000
LILLIAN MACDONALD Plains, MTSCHOOL$4,000
AUBREY TULLOCH Plains, MTSCHOOL$4,000
BRADY SHRENK Plains, MTSCHOOL$4,000
TESS SHAW Roundup, MTSCHOOL$3,000
ANNE ANDERSON Roundup, MTSCHOOL$3,000
MICHAEL BERGIN Melstone, MTSCHOOL$3,000
RYLEE GREEN Roundup, MTSCHOOL$3,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $990,928 $67,187 $123,869 $121,800
2023 $1,036,149 $72,460 $118,486 $116,500
2022 $1,007,976 $70,177 $113,291 $112,800
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K20202021202220232024
Metric202420232022
Total Assets$990,928$1,036,149$1,007,976
Revenue$67,187$72,460$70,177
Expenses$123,869$118,486$113,291
Qualifying Distributions$121,800$116,500$112,800
Net Investment Income$65,118$78,848$86,133
Distributable Amount$123,386$115,196$116,269

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists George D. Smith and Kelly N. Gebhardt as trustees.

Gebhardt Scholarship Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • George D. Smith

    Trustee

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Kelly N. Gebhardt

    Trustee

    On filings since 2020

    3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Kelly N Gebhardt
Mailing address: 20 Skyline Drive, Roundup, MT 59072
Phone: (406) 323-1564

Frequently asked questions about Gebhardt Scholarship Foundation

How much does Gebhardt Scholarship Foundation give each year?

Gebhardt Scholarship Foundation gave $122K across 41 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $117K across 40 grants.

What is Gebhardt Scholarship Foundation's typical grant size?

Gebhardt Scholarship Foundation's median grant in 2024 was $3,000, and its average grant was $2,971, across 41 grants on its 2024 IRS Form 990-PF.

Where does Gebhardt Scholarship Foundation give grants?

Gebhardt Scholarship 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 Roundup, MT (30 grants), Plains, MT (7 grants) and Melstone, MT (2 grants).

Does Gebhardt Scholarship Foundation give general operating support?

Not in 2024: none of the 41 grants with a stated purpose on Gebhardt Scholarship Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "School" (37 grants) and "Scholarship" (3 grants).

Who are Gebhardt Scholarship Foundation's largest grantees?

Gebhardt Scholarship Foundation's largest 2024 grantees include Madasia Hersel ($4,000), Jessica Thompson ($4,000) and Kylee Altmiller ($4,000), according to its 2024 IRS Form 990-PF. Together they received 10% of its itemized 2024 grant dollars.

How large is Gebhardt Scholarship Foundation?

Gebhardt Scholarship Foundation reported $991K in total assets on its 2024 IRS Form 990-PF. It paid out $122K in qualifying distributions that year, against a required minimum of $123K (roughly 5% of its investment assets).

How do I apply for a grant from Gebhardt Scholarship Foundation?

The filing says the foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Gebhardt Scholarship Foundation's EIN?

Gebhardt Scholarship Foundation's EIN (Employer Identification Number) is 81-6080867. IRS Form 990 filing data is available on this page for 2020–2024.

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

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