Prop Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in Missoula, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 10 grants totaling $80K. Net investment income was $328K.
Key facts about Prop Foundation Inc
- EIN
- 81-0504727
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $80,000
- Grants made (2024)
- 10
- Average grant
- $8,000
- Median grant
- $5,000
- Total assets
- $1,554,198
- Primary geography
- Montana (81% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Prop Foundation Inc funds
By grant dollars, the top recipient states for Prop Foundation Inc's 10 itemized 2024 grants were Montana (81%), Hawaii (13%) and California (6%). The most frequent recipient cities were Missoula, MT (5 grants). None of its 10 grants with a stated purpose were described as general or operating support.
How Prop Foundation Inc gives
- Giving grew 167% from 2021 to 2024. Method
- In 2024 it paid out 101% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Prop Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+19.3% YoY
Annual Giving
$80K
+81.2% YoY
Grant Count
10
+66.7% YoY
Avg Grant Size
$8K
+8.7% YoY
Under IRS private-foundation payout rules, Prop Foundation Inc reported a distributable amount of $79K for 2024 — the minimum it must pay out in qualifying distributions.
About Prop Foundation Inc
Based on IRS filings
Prop Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in Missoula, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 10 grants totaling $80K. Net investment income was $328K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,554,198 | $1,303,261 | $1,288,514 |
| Revenue | $337,296 | $62,643 | $47,799 |
| Expenses | $86,359 | $47,896 | $45,953 |
| Qualifying Distributions | $80,000 | $44,150 | $41,750 |
| Net Investment Income | $327,526 | $62,643 | $47,799 |
| Distributable Amount | $78,960 | $72,716 | $78,601 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Connecting the Grizzly LLC ($20,000), Residential School Project LLC ($20,000), Pu 'Uohonuya Society ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CONNECTING THE GRIZZLY LLC Missoula, MT | TO SUPPORT DOCUMENTARY FILM COFUSED ON GRIZZLY BEAR CONFLICT PREVENTION IN MONTANA | $20,000 |
| RESIDENTIAL SCHOOL PROJECT LLC Billings, MT | SUPPORT FOR "BREAKING THE SILENCE" FILM - THE TRUTH BEHIND INDIAN BOARDING SCHOOLS | $20,000 |
| PU 'UOHONUYA SOCIETY Honolulu, HI | SUPPORT ARCHIVAL PROJECT MAKING VIDEO TAPES PUBLICLY ACCESSIBLE | $10,000 |
| SUMMIT FOR PARKINSON'S Missoula, MT | SUPPORT FILM "HADLEY'S STORY" WHICH DOCUMENTS A MONTANA ARTIST WITH MULTIPLE SYSTEM ATROPHY | $5,000 |
| MISSOULA ART MUSEUM Missoula, MT | SUPPORT THE "WE STAND WITH YOU" EXHIBITION | $5,000 |
| CIRCLE ARROW PRODUCTIONS LLC Missoula, MT | SUPPORT "COPPER HORIZON" FINAL PRE-PRODUCTION FOR FILM | $5,000 |
| THUNDERHEART MEDIA INC Gallatin Gateway, MT | SUPPORT FILM "BRING THEM HOME" TO RETURN BISON TO THEIR ANCESTRAL HOME | $5,000 |
| HM MEDIA PARTNERS Studio City, CA | SUPPORT PRODUCTION OF FILM "A DISTURBANCE IN THE HIGH DESERT" | $5,000 |
| PICTURE BOOK Missoula, MT | SUPPORT POST PRODUCTION COSTS FOR FILM "I LIKE GOD'S STYLE" | $2,500 |
| JULYNN WILDMAN Helena, MT | SUPPORT DOCUMENTARY "SCARABIC SERENADES" | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Susan E O'Connor | President | 5 | — |
| Fredericka Hunter | Secretary | 0.5 | — |
| Christopher O'Connor | Director | 0.5 | — |
| Laura Millin | Director | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Prop Foundation Inc?
Prop Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in Missoula, MT. It holds $1.6M in total assets as of 2024.
How large is Prop Foundation Inc?
As of 2024, Prop Foundation Inc holds $1.6M in total assets with $337K in annual revenue. It awarded 10 grants totaling $80K in 2024.
Where does Prop Foundation Inc operate?
Prop Foundation Inc has awarded grants in California, Hawaii, Illinois, Montana, Utah.
What size grants does Prop Foundation Inc award?
In 2024, Prop Foundation Inc awarded 10 grants totaling $80K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Prop Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Prop Foundation Inc reported a distributable amount of $79K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Prop Foundation Inc's EIN?
Prop Foundation Inc's EIN (Employer Identification Number) is 81-0504727. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.