Plank Stewardship Initiative logo

Plank Stewardship Initiative

Private foundation · Grantmaker Sheridan, WY EIN: 46-4491120 Website

Plank Stewardship Initiative is a private foundation based in Sheridan, Wyoming, according to its filing information. It makes grants to strengthen the economic and ecological sustainability of rangelands in the Northern Great Plains, supporting work related to ranching and farming, succession planning, and conservation-friendly land management.

Key facts about Plank Stewardship Initiative

In short: Plank Stewardship Initiative gave $284K across 15 grants in 2025 (avg $19K), mostly in Montana. Source: 2025 IRS Form 990-PF.

EIN
46-4491120
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$283,848
Grants made (2025)
15
Average grant
$18,923
Median grant
$11,350
Total assets
$5,298,532
Primary geography
Montana (58% of itemized 2025 grant dollars)
How to apply
The foundation’s website describes a 2027 three-year Rangeland Resilience Initiative with a letter-of-interest and proposal process, as well as a short-notice grant opportunity applicants may apply for during the year. Full details ↓
Deadline
The 2025 filing states that applications are due annually on March 31 by email.

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$5.3M

-0.1% YoY

Annual Giving

$284K

-1.1% YoY

Grant Count

15

-6.3% YoY

Avg Grant Size

$19K

+5.5% YoY

Under IRS private-foundation payout rules, Plank Stewardship Initiative reported a distributable amount of $352K for 2025 — the minimum it must pay out in qualifying distributions.

How Plank Stewardship Initiative gives

  • 60% of 2025 grantees were also funded in 2024. Method
  • Giving grew 796% from 2022 to 2025. Method
  • In 2025 it paid out 103% of its IRS minimum distribution (the 5% rule). Method

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

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s stated priorities include succession planning for farm and ranch families; training and resources for successful farm and ranch operations and financial management; and sustainable conservation practices in land management. Its filing also identifies support for diverse representation in ranching, with an emphasis on under-represented communities and women and young producers.

Its 2025 grants illustrate support for organizations working in these areas. For example, Women in Ranching says it champions rural women’s leadership on the land; Montana Association of Conservation says it promotes awareness of conservation districts and soil and water conservation; and Intertribal Agriculture Council says it promotes the conservation, development, and use of American Indian and Alaska Native tribes’ agricultural resources. These are the grantees’ own descriptions of their missions.

Grantmaking

In 2025, the foundation made 15 grants totaling $283,848. Individual grants ranged from $2,500 to $62,750, with a median of $11,350. The largest awards included $62,750 to Women in Ranching for ranching education for women; $48,000 to Montana Land Reliance for land conservation and stewardship; $36,940 to the University of Wyoming for managing grasses invading ecosystems; and $25,600 to Quivira Coalition for sustainable agriculture technical assistance.

Review Cycle

The 2025 filing states that applications are due annually on March 31 by email. The website says the regular annual opportunity will be announced in early 2027.

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Geographic Focus

Where this funder awards grants

The foundation describes its granting efforts as focused on the Northern Great Plains. Its 2025 grants went to recipients in Montana, Wyoming, and New Mexico: 58% of grant dollars went to Montana, 33% to Wyoming, and 9% to New Mexico.

Grant Distribution by State

4states

Share of all 15 itemized 2025 grant dollars.

Cities

CheyenneHelenaWinnettBillingsCohagenLaramieSanta FeSheridanSundanceBuffaloDouglasPlentywoodBozemanGilletteMaltaMiles CitySt. Paul

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants20191 grants20201 grants20211 grants20227 grants202316 grants202415 grants2025

From 2020 to 2025, annual grant giving ranged from $30K (2021) to $287K (2024). In 2025 it made 15 grants totaling $284K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Women in Ranching Inc: $63KWomen in Ranching Inc$63KMontana Land Reliance: $48KMontana Land Reliance$48KUniversity of Wyoming: $37KUniversity of Wyoming$37KQuivira Coalition: $26KQuivira Coalition$26KClear Creek Conservation District: $23KClear Creek ConservationDistrict$23KPetroleum County Conservation: $23KPetroleum County Conservation$23KSheridan County WY Conservation: $22KSheridan County WYConservation$22KMontana Association of Conservation: $11KMontana Association ofConservation$11KSheridan Community Land Trust: $10KSheridan Community Land Trust$10KIntertribal Agriculture Council: $7KIntertribal AgricultureCouncil$7K

The largest 2025 recipient was Women in Ranching Inc ($63K). Together the top 10 received $268K.

Grant Size Distribution

40 grants across all recorded years

39<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 39 grants of 40 (98%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Women in Ranching Inc Cohagen, MTRanching Education for Women$62,750
Montana Land Reliance Helena, MTLand Conservation and Stewardship$48,000
University of Wyoming Laramie, WYManaging Grasses Invading Ecosystems$36,940
Quivira Coalition Santa Fe, NMSustainable Ag Tech Assistance$25,600
Clear Creek Conservation District Buffalo, WYSeeding Fire Lines with Native Grass$22,500
Petroleum County Conservation Winnett, MTWater Conservation Projects for Ag$22,500
Sheridan County WY Conservation Sheridan, WYSustainable Ag Ed for Ranchers$21,542
Montana Association of Conservation Helena, MTConservation Education for Ranchers$11,350
Sheridan Community Land Trust Sheridan, WYWildlife-Friendly Fencing Education$10,000
Intertribal Agriculture Council Billings, MTAg Ed for Native American Youth$6,500

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $5,298,532 $448,128 $454,260 $283,848 (15)
2024 $5,304,809 $514,483 $457,719 $287,035 (16)
2023 $5,248,045 $326,595 $341,954 $161,325 (7)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2019202020212022202320242025
Metric202520242023
Total Assets$5,298,532$5,304,809$5,248,045
Revenue$448,128$514,483$326,595
Expenses$454,260$457,719$341,954
Qualifying Distributions$361,338$364,902$253,925
Net Investment Income$360,297$425,960$238,566
Distributable Amount$352,047$334,351$303,295

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS November 20, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Leah Burgess as Board Chair; Charlie Bettigole as Vice Chair; Tressa Lawrence as Secretary; and Katie Meiklejohn as Treasurer. Directors listed are Bea Gordon, Dr. Ben Rashford, Mantha Phillips, Beth White, Khale Century-Reno, and Kristie Maczko. The foundation’s website identifies Milward Simpson as Executive Director.

Plank Stewardship Initiative is led by Leah Burgess, Board Chair since 2025 (on filings since 2021); 1 of 12 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Leah Burgess

    Board Chair

    Director → Vice Chair, 2023

    Vice Chair → Board Chair, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Bea Gordon

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Marty Zeller

    Director

    Board Chair → Director, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Khale Century-Reno

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kristie Maczko

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ben Rashford

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Beth White

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Mantha Phillips

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Milward Simpson

    Executive Di

    On filings since 2022

    40 hrs/week

    $9K (2022) → $82K (2025)

  • Charlie Bettigole

    Vice Chairman

    Vice Chair → Secretary, 2024

    Secretary → Vice Chairman, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Katie Meiklejohn

    Treasurer

    On filings since 2022

    1 hr/week

    No compensation reported

  • Tressa Lawrence

    Secretary

    Director → Secretary, 2025

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (4)
  • Former: Ann Hild (2020–2023) — Director
  • Former: Brooke A. Swanke (2021) — Executive Di
  • Former: John Heyneman (2019–2020) — President
  • Former: Nathan Graves (2019) — Director

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

Milward Simpson — Executive Di: $82KMilward SimpsonExecutive Di$82K

The highest reported compensation on the 2025 filing was $82K, to Milward Simpson (Executive Di).

Contact

Application contact: Milward Simpson
Mailing address: 3102 Spruce Ct, Cheyenne, WY 82001
Phone: (307) 421-4956
Email: milward.simpson@plankstewardship.org
Website: https://plankstewardship.org

Frequently asked questions about Plank Stewardship Initiative

How much does Plank Stewardship Initiative give each year?

Plank Stewardship Initiative gave $284K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $287K across 16 grants.

What is Plank Stewardship Initiative's typical grant size?

Plank Stewardship Initiative's median grant in 2025 was $11,350, and its average grant was $18,923, across 15 grants on its 2025 IRS Form 990-PF.

Where does Plank Stewardship Initiative give grants?

Plank Stewardship Initiative gives mostly in Montana: 58% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Wyoming (33%) and New Mexico (9%). The most frequent recipient cities were Helena, MT (2 grants), Sheridan, WY (2 grants) and Winnett, MT (2 grants).

Does Plank Stewardship Initiative give general operating support?

Not in 2025: none of the 15 grants with a stated purpose on Plank Stewardship Initiative's 2025 IRS Form 990-PF were described as general or operating support.

Who are Plank Stewardship Initiative's largest grantees?

Plank Stewardship Initiative's largest 2025 grantees include Women in Ranching Inc ($62,750), Montana Land Reliance ($48,000) and University of Wyoming ($36,940), according to its 2025 IRS Form 990-PF. Together they received 52% of its itemized 2025 grant dollars.

How large is Plank Stewardship Initiative?

Plank Stewardship Initiative reported $5.3M in total assets on its 2025 IRS Form 990-PF. It paid out $361K in qualifying distributions that year, against a required minimum of $352K (roughly 5% of its investment assets).

What does Plank Stewardship Initiative fund?

The foundation’s stated priorities include succession planning for farm and ranch families; training and resources for successful farm and ranch operations and financial management; and sustainable conservation practices in land management. See mission & focus areas ↑

How do I apply for a grant from Plank Stewardship Initiative?

The foundation’s website describes a 2027 three-year Rangeland Resilience Initiative with a letter-of-interest and proposal process, as well as a short-notice grant opportunity applicants may apply for during the year. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Plank Stewardship Initiative's EIN?

Plank Stewardship Initiative's EIN (Employer Identification Number) is 46-4491120. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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