Heisey Foundation Co US Bank
Heisey Foundation Co US Bank is a private foundation based in an individual recipient, Montana. Its 2025 grants supported Montana schools, colleges, and universities, with listed purposes including scholarships, student awards, and teacher awards.
Heisey Foundation Co US Bank at a glance
In short: Heisey Foundation Co US Bank gave $354K across 35 grants in 2025 (avg $10K), mostly in Montana. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $354,395
- +25.0% vs 2024
- Grants made (2025)
- 35
- +0.0% vs 2024
- Average grant
- $10,126
- +25.0% vs 2024
- Median grant
- $1,200
- Total assets
- $5,965,514
- +3.8% vs 2024
- New grantees (estimate)
- 0% first-time grantees (0 of 26, 2025)
- Primary geography
- Montana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Heisey Foundation Co US Bank
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 300 Central Ave, Great Falls, MT 59401
Phone: (406) 447-5283
Website: https://heiseycc.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Heisey Foundation Co US Bank funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of Providence ($88K). Together the top 10 received $214K.
Organizations only. It also paid 9 grants to individuals ($130,895), which are not listed by name.
Grant Size Distribution
175 grants across all recorded years
The most common grant size was under $50K: 161 grants of 175 (92%).
Geographic Focus
Where this funder awards grants
All grant dollars in 2025 went to recipients in Montana.
Grant Distribution by State
Share of 2025 grant dollars across all 35 itemized grants.
States
Cities
Is Heisey Foundation Co US Bank open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 26 grantees (0%) were first-time recipients. How we count
- 100% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−6%). Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $283K (2024) to $378K (2022). In 2025 it made 35 grants totaling $354K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Providence Great Falls, MT | Scholarship | $87,700 |
| 9 grants to individuals Recipients not named | — | $130,895 |
| Montana State University Bozeman, MT | Awards & Scholarships | $52,500 |
| Carroll College Helena, MT | Scholarship | $18,200 |
| University of Montana - Missoula Missoula, MT | Scholarship | $15,200 |
| MSU-Billings Billings, MT | Scholarship | $13,800 |
| C M Russell High School Great Falls, MT | High School Student Awards | $12,600 |
| Browning High School Browning, MT | High School Student Award | $5,000 |
| University of Montana - Western Dillon, MT | Scholarship & Awards | $4,300 |
| Paris Gibson Education Center Great Falls, MT | High School Student Award | $2,200 |
Ready to take the next step with Heisey Foundation Co US Bank?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $5,965,514 | $616,718 | $399,863 | $354,395 | 35 | $373,539 | $596,748 | $387,844 |
| 2024 | $5,748,659 | $147,736 | $326,356 | $283,476 | 35 | $300,735 | $204,436 | $370,794 |
| 2023 | $5,927,279 | $272,669 | $415,481 | $377,307 | 35 | $391,715 | $255,493 | $337,744 |
| 2022 | $6,069,691 | $275,930 | $425,173 | $377,815 | 35 | $392,002 | $258,434 | $351,601 |
| 2021 | $6,218,934 | $934,860 | $373,567 | $329,800 | 35 | $345,018 | $916,061 | $393,490 |
| 2020 | $5,657,641 | $503,672 | $361,328 | $323,950 | 34 | — | $486,498 | $343,617 |
| 2019 | $5,515,297 | $467,511 | $360,931 | $324,400 | 35 | — | $450,471 | $337,473 |
Under IRS private-foundation payout rules, Heisey Foundation Co US Bank reported a distributable amount of $388K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for scholarships and awards at educational institutions, including high schools, colleges, and universities.
Among its 2025 grantees, the University of Providence describes its mission as serving all, especially people who are poor and vulnerable, as an expression of God’s healing love. Carroll College describes itself as a Catholic, diocesan liberal arts college in the ecumenical tradition of the Second Vatican Council. Rocky Mountain College says it educates future leaders through liberal arts and professional programs.
Grantmaking
The foundation awarded 35 grants totaling $354,395 in 2025. Grants ranged from $200 to $87,700, with a median of $1,200. The largest awards included $87,700 to the University of Providence for scholarships, $68,300 to Great Falls College MSU for scholarships, and $52,500 to Montana State University for awards and scholarships. Other notable grants included $18,200 to Carroll College for scholarships and $17,495 to the an individual recipient Public School Foundation for teacher awards.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Brandon Costley, Marilyn Rose, Chris Reiquam, US Bank Trust Dept, and Jeff Winter as trustees.
Heisey Foundation Co US Bank's 2025 filing lists 5 officers; 1 of 5 officers listed in 2025 is compensated.
Officers on the 2025 filing
US Bank Trust Dept
Trustee
On filings since 2019
5 hrs/week
$27K (2019) → $32K (2025)
Chris Reiquam
Trustee
On filings since 2019
1 hr/week
No compensation reported
Marilyn Rose
Trustee
On filings since 2019
1 hr/week
No compensation reported
Brandon Costley
Trustee
On filings since 2022
1 hr/week
No compensation reported
Jeff Winter
Trustee
On filings since 2022
1 hr/week
No compensation reported
Former officers (2)
- Former: John Stephenson Jr. (2019–2024) — Trustee
- Former: Daniel C. Ewen (2019–2021) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $32K, to US Bank Trust Dept (Trustee).
Frequently asked questions about Heisey Foundation Co US Bank
How much does Heisey Foundation Co US Bank give each year?
Heisey Foundation Co US Bank gave $354K across 35 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $283K across 35 grants.
What is Heisey Foundation Co US Bank's typical grant size?
Heisey Foundation Co US Bank's median grant in 2025 was $1,200, and its average grant was $10,126, across 35 grants on its 2025 IRS Form 990-PF.
Where does Heisey Foundation Co US Bank give grants?
Heisey Foundation Co US Bank gives mostly in Montana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Great Falls, MT (4 grants) and Billings, MT (2 grants).
Does Heisey Foundation Co US Bank give general operating support?
Not in 2025: none of the 35 grants with a stated purpose on Heisey Foundation Co US Bank's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "High School Student Award" (21 grants), "Scholarship" (6 grants) and "High School Student Awards" (3 grants).
Who are Heisey Foundation Co US Bank's largest grantees?
Heisey Foundation Co US Bank's largest 2025 grantees include University of Providence ($87,700), Montana State University ($52,500) and Carroll College ($18,200), according to its 2025 IRS Form 990-PF. It also paid 9 grants to individuals ($130,895), which are not listed by name. Together they received 45% of its itemized 2025 grant dollars.
How large is Heisey Foundation Co US Bank?
Heisey Foundation Co US Bank reported $6.0M in total assets on its 2025 IRS Form 990-PF. It paid out $374K in qualifying distributions that year, against a required minimum of $388K (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.
What does Heisey Foundation Co US Bank fund?
No mission statement for the foundation is provided. Its 2025 grants show support for scholarships and awards at educational institutions, including high schools, colleges, and universities. See mission & focus areas ↑
How do I apply for a grant from Heisey Foundation Co US Bank?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Heisey Foundation Co US Bank's EIN?
Heisey Foundation Co US Bank's EIN (Employer Identification Number) is 81-6009624. IRS Form 990 filing data is available on this page for 2019–2025.
Does Heisey Foundation Co US Bank accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS February 6, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 2, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
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Cite this profile
Grantable. (2026). Heisey Foundation Co US Bank funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/heisey-foundation-co-us-bank-morg_6ff94da4fe3d49d8bd5de7fb0d166609
BibTeX
@misc{grantable_816009624_2026,
author = {{Grantable}},
title = {{Heisey Foundation Co US Bank funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/heisey-foundation-co-us-bank-morg_6ff94da4fe3d49d8bd5de7fb0d166609},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Heisey Foundation Co US Bank'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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