Heart of the Rockies Foundation logo

Heart of the Rockies Foundation

Public charity · Grantmaker Missoula, MT EIN: 86-3893685 Website

The Heart of the Rockies Foundation shall provide fundraising services to and hold title to assets that contribute to and support the charitable, public benefit programs of Heart of the Rockies Initiative.

Heart of the Rockies Foundation at a glance

In short: Heart of the Rockies Foundation gave $505K across 8 grants in 2024 (avg $63K), mostly in Montana. Source: 2024 IRS Form 990.

Annual giving (2024)
$504,907
-84.0% vs 2023
Grants made (2024)
8
-46.7% vs 2023
Average grant
$63,113
-69.9% vs 2023
Median grant
$56,349
Total assets
$2,293,486
+34.4% vs 2023
Primary geography
Montana (56% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

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

How to apply to Heart of the Rockies Foundation

Next open deadline
October 31, 2027 (Regional Conservation Partnership Program (RCPP))

Who Heart of the Rockies Foundation funds

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

The Vital Ground Foundation: $162KThe Vital Ground Foundation$162KThe Conservation Fund: $75KThe Conservation Fund$75KNature Conservancy: $70KNature Conservancy$70KHeart of the Rockies Inititia: $63KHeart of the Rockies Inititia$63KMontana Land Reliance: $50KMontana Land Reliance$50KSagebrush Steppe Land Trust: $45KSagebrush Steppe Land Trust$45KWood River Land Trust: $30KWood River Land Trust$30KFlathead Land Trust: $10KFlathead Land Trust$10K

The largest 2024 recipient was The Vital Ground Foundation ($162K). Together the top 8 received $505K.

Grant Size Distribution

46 grants across all recorded years

11<$50K15$50–100K11$100–250K8$250–500K1$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 15 grants of 46 (33%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

ArlingtonMissoulaHelenaKalispellBoiseLoganPocatelloBozemanHaileyHamiltonJacksonCheyenneMoscowSalmonSandpointSpokane

How Heart of the Rockies Foundation gives

  • Giving fell 38% from 2021 to 2024. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M11 grants2021 12 grants2022 15 grants2023 8 grants2024

From 2021 to 2024, annual grant giving ranged from $505K (2024) to $3.1M (2023). In 2024 it made 8 grants totaling $505K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Vital Ground Foundation Missoula, MTProtect Lands of High Conserv Value$162,209
The Conservation Fund Arlington, VAProtect Lands of High Conserv Value$75,000
Nature Conservancy Arlington, VAProtect Lands of High Conserv Value$70,000
Heart of the Rockies Inititia Missoula, MTProgram Operations$62,698
Montana Land Reliance Helena, MTProtect Lands of High Conserv Value$50,000
Sagebrush Steppe Land Trust Pocatello, IDProtect Lands of High Conserv Value$45,000
Wood River Land Trust Hailey, IDProtect Lands of High Conserv Value$30,000
Flathead Land Trust Kalispell, MTProtect Lands of High Conserv Value$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$2,293,486$1,362,025$774,907$504,9078$62,025
2023$1,706,368$3,372,377$3,298,649$3,148,64915$36,527
2022$1,632,680$2,250,000$1,306,320$1,286,32012—
2021$688,960$1,500,000$811,040$811,00011—

About Heart of the Rockies Foundation

Based on IRS filings

Heart of the Rockies Foundation is a public charity focused on Environment & Animals, based in Missoula, MT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 8 grants totaling $505K. Net investment income was $62K.

Leadership & Key People

Officers and directors from IRS filings

Heart of the Rockies Foundation is led by Jim Owens, President on every filing since 2021; none of the 8 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jim Owens

    President

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Joann Grant

    Managing Director

    On filings since 2023

    No compensation reported

  • Kali Hannon

    Managing Director

    On filings since 2023

    No compensation reported

  • Gavin Ricklefs

    Managing Director

    New on the 2024 filing

    No compensation reported

  • Gary Wolfe

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Elizabeth Bell

    Director

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Brian Bean

    Secretary

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Kristin Troy

    Treasurer

    On filings since 2021

    2 hrs/week

    No compensation reported

Former officers (2)
  • Former: David Hillary (2021–2023) — Vice President
  • Former: Gary Burnett (2023) — Mananging Director

Data from IRS Form 990 filings, 2021–2024. "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 Heart of the Rockies Foundation

How much does Heart of the Rockies Foundation give each year?

Heart of the Rockies Foundation gave $505K across 8 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $3.1M across 15 grants.

What is Heart of the Rockies Foundation's typical grant size?

Heart of the Rockies Foundation's median grant in 2024 was $56,349, and its average grant was $63,113, across 8 grants on its 2024 IRS Form 990.

Where does Heart of the Rockies Foundation give grants?

Heart of the Rockies Foundation gives mostly in Montana: 56% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were Virginia (29%) and Idaho (15%). The most frequent recipient cities were Missoula, MT (2 grants) and Arlington, VA (2 grants).

Does Heart of the Rockies Foundation give general operating support?

Not in 2024: none of the 8 grants with a stated purpose on Heart of the Rockies Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Protect Lands of High Conserv Value" (7 grants).

Who are Heart of the Rockies Foundation's largest grantees?

Heart of the Rockies Foundation's largest 2024 grantees include The Vital Ground Foundation ($162,209), The Conservation Fund ($75,000) and Nature Conservancy ($70,000), according to its 2024 IRS Form 990. Together they received 61% of its itemized 2024 grant dollars.

How large is Heart of the Rockies Foundation?

Heart of the Rockies Foundation reported $2.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.4M.

What is Heart of the Rockies Foundation?

Heart of the Rockies Foundation is a public charity focused on Environment & Animals, based in Missoula, MT. It holds $2.3M in total assets as of 2024.

What is Heart of the Rockies Foundation's EIN?

Heart of the Rockies Foundation's EIN (Employer Identification Number) is 86-3893685. IRS Form 990 filing data is available on this page for 2021–2024.

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

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS October 25, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  5. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Heart of the Rockies Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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