Heisey Foundation Co Us Bank

GREAT FALLS, MT EIN: 81-6009624 Website

The Heisey Foundation Co US Bank is an independent private foundation based in Great Falls, Montana. Established around 1940, it operates as a 501(c)(3) tax-exempt organization with a focus on supporting educational initiatives and community development within its service area.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.7M

-3.0% YoY

Annual Giving

$283K

-24.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$8K

-24.9% YoY

Under IRS private-foundation payout rules, Heisey Foundation Co Us Bank reported a distributable amount of $371K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation supports:

High school awards programs for students attending specific schools in the foundation's trade area, recognizing students making the most improvement in citizenship, effort, and scholarship
Scholarship funds at local colleges and universities
Education and human services initiatives

Grantmaking

The foundation maintains an active grantmaking program focused on education and scholarship support in Montana.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations and programs within Montana, with particular emphasis on its local trade area in the Great Falls region.

Grant Distribution by State

Montana $1.7M (100%)

States

Montana

Cities

AugustaBeltBillingsBozemanBrowningButteCascadeChoteauConradCut BankDillonDuttonFairfieldFort BentonGeraldineGreat FallsHavreHelenaHighwoodLincoln

Financial History

Multi-year comparison from IRS filings

Total Assets (2024): $5,748,659
Total Assets (2023): $5.93 million
Total Liabilities (2023): $0
Annual Revenue (2023): $273,000
EIN: 81-6009624

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,748,659	$5,927,279	$6,069,691
Revenue	$147,736	$272,669	$275,930
Expenses	$326,356	$415,481	$425,173
Qualifying Distributions	$300,735	$391,715	$392,002
Net Investment Income	$204,436	$255,493	$258,434
Distributable Amount	$370,794	$337,744	$351,601

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

174 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Montana State University ($58,000), University of Montana - Missoula ($54,700), Great Falls College Msu ($46,000).

Recipient	Purpose	Amount
AUGUSTA HIGH SCHOOL AUGUSTA, MT	HIGH SCHOOL STUDENT AWARD	$200
BELT HIGH SCHOOL BELT, MT	HIGH SCHOOL STUDENT AWARD	$800
BRADYDUTTON HIGH SCHOOL DUTTON, MT	HIGH SCHOOL STUDENT AWARD	$200
BROWNING HIGH SCHOOL BROWNING, MT	HIGH SCHOOL STUDENT AWARD	$4,800
C M RUSSELL HIGH SCHOOL GREAT FALLS, MT	HIGH SCHOOL STUDENT AWARDS	$12,800
CARROLL COLLEGE HELENA, MT	SCHOLARSHIP	$10,000
CASCADE HIGH SCHOOL CASCADE, MT	HIGH SCHOOL STUDENT AWARDS	$1,000
CENTERVILLESAND COULEE SCHOOL SAND COULEE, MT	HIGH SCHOOL STUDENT AWARDS	$600
CENTRAL CATHOLIC HIGH SCHOOL GREAT FALLS, MT	HIGH SCHOOL STUDENT AWARD	$400
CHOTEAU HIGH SCHOOL CHOTEAU, MT	HIGH SCHOOL STUDENT AWARD	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BRANDON COSTLEY	TRUSTEE	1	—
MARILYN ROSE	TRUSTEE	1	—
JOHN STEPHENSON JR	TRUSTEE	1	—
CHRIS REIQUAM	TRUSTEE	1	—
US BANK TRUST DEPT	TRUSTEE	5	$30,127
JEFF WINTER	TRUSTEE	1	—

Contact Information

Address: 300 Central Ave, Great Falls, MT 59401-3127

Telephone: 406-447-5283

Frequently Asked Questions

What does Heisey Foundation Co Us Bank fund?

The foundation supports: • High school awards programs for students attending specific schools in the foundation's trade area, recognizing students making the most improvement in citizenship, effort, and scholarship • Scholarship funds at local colleges and universities • Education and human services initiatives

How do I apply for a grant from Heisey Foundation Co Us Bank?

**Grant Amounts:** Typical awards range from $200 to $80,900 **Recent Financial Activity:** • Total giving (2024): $283,476 • Total giving (2023): $272,669 • Total expenses (2023): $415,481 The foundation maintains an active grantmaking program focused on education and scholarship support in Montana.

Where does Heisey Foundation Co Us Bank make grants?

The foundation primarily funds organizations and programs within Montana, with particular emphasis on its local trade area in the Great Falls region.

What size grants does Heisey Foundation Co Us Bank award?

In 2024, Heisey Foundation Co Us Bank awarded 35 grants totaling $283K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Heisey Foundation Co Us Bank required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Heisey Foundation Co Us Bank reported a distributable amount of $371K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.