Preston Benevolent Fund Inc
Preston Benevolent Fund Inc is a private foundation, based in Missoula, MT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $34K in total assets. In 2025, it awarded 1 grant totaling $2K. Net investment income was $2K.
Preston Benevolent Fund Inc at a glance
In short: Preston Benevolent Fund Inc gave $2K across 1 grant in 2025 (avg $2K), mostly in Montana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,185
- -4.8% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $2,185
- -4.8% vs 2024
- Median grant
- $2,185
- Total assets
- $34,417
- -1.4% vs 2024
- Primary geography
- Montana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Preston Benevolent Fund Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Hot Springs Senior Center ($2K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Preston Benevolent Fund Inc gives
- Giving held roughly steady from 2022 to 2025 (−6%). Method
- In 2025 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2K (2025) to $2K (2023). In 2025 it made 1 grant totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hot Springs Senior Center Hot Springs, MT | Ongoing Support of Operations | $2,185 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $34,417 | $2,714 | $3,135 | $2,185 | 1 | $2,185 | $1,764 | $2,216 |
| 2024 | $34,896 | $4,932 | $3,229 | $2,294 | 1 | $2,294 | $3,997 | $2,095 |
| 2023 | $33,370 | $2,414 | $4,292 | $2,492 | 1 | $2,492 | $1,007 | $2,246 |
| 2022 | $35,248 | $2,363 | $2,363 | $2,330 | 1 | $2,330 | $2,330 | $2,446 |
| 2021 | $35,248 | $3,008 | $2,838 | $2,203 | 1 | — | $2,373 | $2,262 |
| 2020 | $35,078 | $2,585 | $2,992 | $2,360 | 1 | — | $1,953 | $2,150 |
Under IRS private-foundation payout rules, Preston Benevolent Fund Inc reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Preston Benevolent Fund Inc is led by Kathryn L. Johnson, President & Vice President since 2023 (on filings since 2020); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kathryn L. Johnson
President & Vice President
President → President & Vice President, 2023
On filings since 2020
1 hr/week
No compensation reported
Sandra Prongua
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Terry Prongua (2020–2021) — Vice President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Preston Benevolent Fund Inc
How much does Preston Benevolent Fund Inc give each year?
Preston Benevolent Fund Inc gave $2K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 1 grant.
How large is Preston Benevolent Fund Inc?
Preston Benevolent Fund Inc reported $34K in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Preston Benevolent Fund Inc operate?
Preston Benevolent Fund Inc has awarded grants in Montana.
What is Preston Benevolent Fund Inc's EIN?
Preston Benevolent Fund Inc's EIN (Employer Identification Number) is 81-0461224. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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