Herb Waltermire Comm Enhancement FNDT

Foundation · Grantmaker Great Falls, MT EIN: 20-1772525

Herb Waltermire Comm Enhancement FNDT is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Great Falls, MT. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $872K in total assets. In 2025, it awarded 10 grants totaling $70K. Net investment income was $67K.

Key facts about Herb Waltermire Comm Enhancement FNDT

EIN: 20-1772525
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $70,025
Grants made (2025): 10
Average grant: $7,003
Median grant: $5,044
New grantees (estimate): 40% first-time grantees (4 of 10, 2025)
Total assets: $872,379
Primary geography: Montana (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Herb Waltermire Comm Enhancement FNDT funds

By grant dollars, the top recipient states for Herb Waltermire Comm Enhancement FNDT's 10 itemized 2025 grants were Montana (100%). The most frequent recipient cities were Great Falls, MT (9 grants). 20% of grants with a stated purpose were for general or operating support.

Is Herb Waltermire Comm Enhancement FNDT open to new grantees?

40%

first-time grantees, 2025

In 2025, 4 of 10 grantees (40%) were first-time recipients. First grants averaged $4K; repeat grants $9K. How we count

Medians: $5K first-time, $10K repeat.

50% of 2025 grantees were also funded in 2024. Method
Giving held roughly steady from 2022 to 2025 (−18%). Method
In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$872K

-0.9% YoY

Annual Giving

$70K

+42.9% YoY

Grant Count

+11.1% YoY

Avg Grant Size

$7K

+28.6% YoY

Under IRS private-foundation payout rules, Herb Waltermire Comm Enhancement FNDT reported a distributable amount of $62K for 2025 — the minimum it must pay out in qualifying distributions.

About Herb Waltermire Comm Enhancement FNDT

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Montana $70K (100%)

Share of all 10 itemized 2025 grant dollars.

States

Montana

Cities

Great FallsHelenaBillings

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$872,379	$880,419	$906,627
Revenue	$78,588	$55,791	$-1,779
Expenses	$82,216	$59,575	$41,739
Qualifying Distributions	$70,225	$49,200	$32,110
Net Investment Income	$67,235	$44,955	$16,236
Distributable Amount	$61,670	$54,394	$50,194

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2021–2025

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 2025

Grant Size Distribution

45 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Peace Place ($13,338), Big Brothers Big Sisters of Helena ($10,000), Boys & Girls Club of Cascade ($10,000).

Recipient	Purpose	Amount
PEACE PLACE Great Falls, MT	GENERAL OPERATIONS	$13,338
BIG BROTHERS BIG SISTERS OF HELENA Helena, MT	21 ONE ON ONE MEMEBRSHIPS	$10,000
BOYS & GIRLS CLUB OF CASCADE Great Falls, MT	TO FUND YOUTH LEADERSHIP SKILLS PROGRAMS	$10,000
HEISEY YOUTH CENTER Great Falls, MT	GYM FLOOR UPDATE	$10,000
KAIROS YOUTH SERVICES Great Falls, MT	DECK REPAIRS AND AIM HIGH PROGRAM.	$5,087
ALLIANCE FOR YOUTH Great Falls, MT	PLAYGROUND	$5,000
CASA CAN CHILDREN'S ADVOCATE NETWORK Great Falls, MT	GENERAL OPERATIONS	$5,000
FARMER IN THE DELL OF GREAT FALLS Great Falls, MT	GARDEN AND CHICKEN COOP	$5,000
LEWIS AND CLARK FOUNDATION Great Falls, MT	TRANSPORTATION, TEACHERS, SUPPORT FOR CLASSES OFFERED TO THE PUBLIC.	$4,600
SPECIAL OLYMPICS Great Falls, MT	2025 STATE BOWLING	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS filing

Name	Title	Hours	Compensation
Daniel Peterson	Treasurer	0.5	—
Herb Waltermire	Director	0.5	—
William Quast	Secretary	0.5	—
Robert McIntyre	Director	0.5	—
Lee Scott	Vice President	0.5	—
Becky Fink	Director	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Herb Waltermire Comm Enhancement FNDT?

Herb Waltermire Comm Enhancement FNDT is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Great Falls, MT. It holds $872K in total assets as of 2025.

How large is Herb Waltermire Comm Enhancement FNDT?

As of 2025, Herb Waltermire Comm Enhancement FNDT holds $872K in total assets with $79K in annual revenue. It awarded 10 grants totaling $70K in 2025.

Where does Herb Waltermire Comm Enhancement FNDT operate?

Herb Waltermire Comm Enhancement FNDT has awarded grants in Montana.

What size grants does Herb Waltermire Comm Enhancement FNDT award?

In 2025, Herb Waltermire Comm Enhancement FNDT awarded 10 grants totaling $70K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Herb Waltermire Comm Enhancement FNDT required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Herb Waltermire Comm Enhancement FNDT reported a distributable amount of $62K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Herb Waltermire Comm Enhancement FNDT's EIN?

Herb Waltermire Comm Enhancement FNDT's EIN (Employer Identification Number) is 20-1772525. IRS Form 990 filing data is available on this page for 2021–2025.