Gebhardt Scholarship Foundation
Gebhardt Scholarship Foundation is a private foundation based in Roundup, Montana. Its 2024 filing lists awards restricted to education beyond high school.
Gebhardt Scholarship Foundation at a glance
In short: Gebhardt Scholarship Foundation gave $122K across 41 grants in 2024 (avg $3K), mostly in Montana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $121,800
- +4.5% vs 2023
- Grants made (2024)
- 41
- +2.5% vs 2023
- Average grant
- $2,971
- +2.0% vs 2023
- Median grant
- $3,000
- Total assets
- $990,928
- -4.4% vs 2023
- Primary geography
- Montana (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Gebhardt Scholarship Foundation
- How to Apply
-
The filing says the foundation does not restrict giving to preselected organizations. It directs applicants to see the attached application; awards are restricted to education beyond high school.
- Review Cycle
- April 1 of each year.
- Deadline
- April 1 of each year.
- Contact
Application contact: Kelly N Gebhardt
Mailing address: 20 Skyline Drive, Roundup, MT 59072
Phone: (406) 323-1564
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Gebhardt Scholarship Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Madasia Hersel ($4K). Together the top 3 received $9K.
Organizations only. It also paid 38 grants to individuals ($112,400), which are not listed by name.
Grant Size Distribution
225 grants across all recorded years
The most common grant size was under $50K: 225 grants of 225 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in Montana.
Grant Distribution by State
Share of 2024 grant dollars across all 41 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $88K (2021) to $122K (2024). In 2024 it made 41 grants totaling $122K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Madasia Hersel Scobey, MT | SCHOOL | $4,000 |
| 38 grants to individuals Recipients not named | — | $112,400 |
| Tess Shaw Roundup, MT | SCHOOL | $3,000 |
| Hochmuth-Kombol Scholarship Roundup, MT | Scholarship | $2,400 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $990,928 | $67,187 | $123,869 | $121,800 | 41 | $121,800 | $65,118 | $123,386 |
| 2023 | $1,036,149 | $72,460 | $118,486 | $116,500 | 40 | $116,500 | $78,848 | $115,196 |
| 2022 | $1,007,976 | $70,177 | $113,291 | $112,800 | 47 | $112,800 | $86,133 | $116,269 |
| 2021 | $1,031,423 | $67,500 | $90,780 | $87,500 | 47 | $87,500 | $66,810 | $117,680 |
| 2020 | $1,053,883 | $64,820 | $94,956 | $93,000 | 50 | — | $64,614 | $92,347 |
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.
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, five individual recipients, each receiving $4,000 for “SCHOOL.”
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.
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 (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), Tess Shaw ($3,000) and Hochmuth-Kombol Scholarship ($2,400), according to its 2024 IRS Form 990-PF. It also paid 38 grants to individuals ($112,400), which are not listed by name. Together they received 8% 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). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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 October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Gebhardt Scholarship Foundation funds
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