Mars & Verna Rolfson Scholarship Trust

BILLINGS, MT EIN: 36-3677368

Mars & Verna Rolfson Scholarship Trust is a private foundation, based in BILLINGS, MT. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $471K in total assets. In 2024, it awarded 9 grants totaling $19K. Net investment income was $20K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$471K

-0.5% YoY

Annual Giving

$19K

-15.6% YoY

Grant Count

9

-10.0% YoY

Avg Grant Size

$2K

-6.2% YoY

About Mars & Verna Rolfson Scholarship Trust

Based on IRS filings

Mars & Verna Rolfson Scholarship Trust is a private foundation, based in BILLINGS, MT. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $471K in total assets. In 2024, it awarded 9 grants totaling $19K. Net investment income was $20K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

AllendaleArcataBasking RidgeBillingsBozemanBurlingtonButteCheneyGreat FallsHavreHelenaKalispellLaramieMissoulaNampaOlympiaPhoenixProvoSanta FeSpokane

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$32K$48K$64K201920202021202220232024
Metric202420232022
Total Assets$471,240$473,780$455,486
Revenue$25,414$48,254$682
Expenses$28,071$29,755$32,572
Qualifying Distributions$21,839$25,152$26,311
Net Investment Income$20,274$43,139$7,800
Distributable Amount$24,651$22,755$26,840

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$18K$25K21 grants20198 grants202016 grants202115 grants202210 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

MSU - BOZEMAN$4KPACIFIC LUTHERAN UNIVERS…$4KCARROLL COLLEGE$2KU OF M - MISSOULA$2KU OF M - MISSOULA$2KMSU - BOZEMAN$2KMSU - BOZEMAN$2KCAL POLY HUMBOLT$2KBRIGHAM YOUNG UNIVERSITY$1K

Grant Size Distribution

58 grants across all recorded years

58<$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

FIRST INTERSTATE BANKTRUSTEE$6K

From 2024 filing

NameTitleHoursCompensation
FIRST INTERSTATE BANKTRUSTEE1$6,194

Related Funders

Similar funders by location and focus area

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

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