Margaret V Ping Foundation

BILLINGS, MT EIN: 26-4347667

Margaret V Ping Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BILLINGS, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $604K in total assets. In 2024, it awarded 17 grants totaling $95K. Net investment income was $72K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$604K

-7.6% YoY

Annual Giving

$95K

+2.2% YoY

Grant Count

17

+6.3% YoY

Avg Grant Size

$6K

-3.9% YoY

About Margaret V Ping Foundation

Based on IRS filings

Margaret V Ping Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BILLINGS, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $604K in total assets. In 2024, it awarded 17 grants totaling $95K. Net investment income was $72K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BillingsHelenaMcleodMissoulaRed LodgeSaint PaulSalt Lake CitySioux Falls

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$57K$85K$114K20202021202220232024
Metric202420232022
Total Assets$603,847$653,837$714,248
Revenue$78,835$37,169$35,686
Expenses$103,188$101,580$98,093
Qualifying Distributions$95,000$93,000$88,500
Net Investment Income$71,507$29,527$17,214
Distributable Amount$36,374$37,389$41,669

Giving Over Time

Total grant dollars and number of grants per year

$0$24K$48K$71K$95K14 grants202012 grants202113 grants202216 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FAMILY SERVICE$10KYWCA$10KNATIONS TO NEIGHBORS$10KNORTHERN PLAINS RESOURCE…$9KANGELAS PIAZZA$6KMT ENVIRONMENTAL INFORMA…$6KSOFT LANDING MISSOULA$6KFRIENDS OF THE CHILDREN …$5KMISSOULA AGING$5KMT AUDUBON$5K

Grant Size Distribution

72 grants across all recorded years

72<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CANDACE FORRETTEPresident1
VALERIE MCMURTRYVice President1
ED GULICKSecretary1
MARK MOAKTreasurer1

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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