Pennmont Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOZEMAN, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 15 grants totaling $124K. Net investment income was $141K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+0.7% YoY
Annual Giving
$124K
+9.0% YoY
Grant Count
15
+0.0% YoY
Avg Grant Size
$8K
+9.0% YoY
Under IRS private-foundation payout rules, Pennmont Foundation reported a distributable amount of $121K for 2024 — the minimum it must pay out in qualifying distributions.
About Pennmont Foundation
Based on IRS filings
Pennmont Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOZEMAN, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 15 grants totaling $124K. Net investment income was $141K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,301,494 | $2,285,154 | $2,297,674 |
| Revenue | $166,604 | $115,212 | $53,456 |
| Expenses | $150,264 | $127,732 | $132,753 |
| Qualifying Distributions | $124,300 | $114,000 | $99,206 |
| Net Investment Income | $140,640 | $113,095 | $47,068 |
| Distributable Amount | $120,913 | $111,239 | $116,173 |
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
73 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Gallatin College - Msu ($57,300), Gallatin County Food Bank ($10,000), Montana Meth Project ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HAVEN BOZEMAN, MT | TO ASSIST BATTERED WOMEN AND PREVENT | $6,500 |
| THRIVE BOZEMAN, MT | SUPPORT PROGRAMS | $5,000 |
| HELP CENTER BOZEMAN, MT | ASSIST FUNDING FOR CRISIS SITUATIONS | $4,500 |
| BOZEMAN SCHOOL FOUNDATION BOZEMAN, MT | SUPPORT EDUCATIONAL PROGRAMS | $5,000 |
| MONTANA METH PROJECT MISSOULA, MT | SUPPORT PROGRAM NEEDS | $7,000 |
| MAKE A WISH FOUNDATION OF MT BILLINGS, MT | SUPPORT PROGRAMS | $4,000 |
| MONTANA HIGH SCHOOL RODEO ASSN ARLEE, MT | SUPPORT PROGRAMS | $3,000 |
| GALLATIN COLLEGE - MSU BOZEMAN, MT | SUPPORT SCHOLARSHIP PROGRAMS | $57,300 |
| GRACE BIBLE CHURCH BOZEMAN, MT | SUPPORT PROGRAMS | $2,000 |
| EAGLE MOUNT BOZEMAN, MT | EXEMPT PURPOSE | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT C MYERS | DIRECTOR | — | — |
| CHRISTOPHER M MYERS | PRESIDENT | — | — |
| MOLLY MYERS | DIRECTOR | — | — |
| JEAN MACINNES | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pennmont Foundation?
Pennmont Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOZEMAN, MT. It holds $2.3M in total assets as of 2024.
How large is Pennmont Foundation?
As of 2024, Pennmont Foundation holds $2.3M in total assets with $167K in annual revenue. It awarded 15 grants totaling $124K in 2024.
Where does Pennmont Foundation operate?
Pennmont Foundation has awarded grants in Montana.
What size grants does Pennmont Foundation award?
In 2024, Pennmont Foundation awarded 15 grants totaling $124K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Pennmont Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pennmont Foundation reported a distributable amount of $121K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pennmont Foundation's EIN?
Pennmont Foundation's EIN (Employer Identification Number) is 87-0699934. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Pennmont Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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