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RiverStone Health Foundation

Foundation · Grantmaker Billings, MT EIN: 35-2332179 Website

RiverStone Health Foundation is a supporting organization for RiverStone Health, raising funds for efforts such as augmenting accessible primary and dental healthcare, making medications for affordable, and providing medical supplies to underserved or vulnerable populations. In doing so, RiverStone Health Foundation partners with supporters who wish to enhance the life, health and safety of our region's families and the communities in which they live.

Key facts about RiverStone Health Foundation

In short: RiverStone Health Foundation gave $1.2M across 1 grant in 2025 (avg $1.2M), mostly in Montana. Source: 2025 IRS Form 990.

EIN
35-2332179
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$1,175,847
Grants made (2025)
1
Average grant
$1,175,847
Median grant
$1,175,847
Total assets
$1,071,494
Primary geography
Montana (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.1M

-30.1% YoY

Annual Giving

$1.2M

+127.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.2M

+127.9% YoY

How RiverStone Health Foundation gives

  • Giving grew 394% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About RiverStone Health Foundation

Based on IRS filings

RiverStone Health Foundation is a nonprofit organization focused on Human Services, based in Billings, MT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 1 grant totaling $1.2M. Net investment income was $38K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

Billings

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M1 grants20191 grants20201 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Yellowstone City-County Health Department: $1.2MYellowstone City-County HealthDepartment$1.2M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K1$100–250K1$250–500K1$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Yellowstone City-County Health Department Billings, MTProgram Support$1,175,847

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2019202020212022202320242025
Metric202520242023
Total Assets$1,071,494$1,533,983$1,300,128
Revenue$1,072,173$1,023,788$828,488
Expenses$1,441,698$957,935$652,078
Qualifying Distributions———
Net Investment Income$38,172$84,801$19,908
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS July 14, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)

Leadership & Key People

Officers and directors from IRS filings

RiverStone Health Foundation is led by Jonathan Forte, President & CEO on every filing since 2024; none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jonathan Forte

    President & CEO

    On filings since 2024

    1 hr/week

    No compensation reported

  • Megan Irion

    Executive Director

    On filings since 2024

    40 hrs/week

    No compensation reported

  • Kevi Berger

    Executive Director

    New on the 2025 filing

    40 hrs/week

    No compensation reported

  • William Royer

    Chairman

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Drew Hedrick

    Secretary & Treasurer

    Director → Secretary & Treasurer, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Dorr MD

    Past Vice Chair

    Director → Vice Chair, 2021

    Vice Chair → Past Vice Chair, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Carol Beam

    Vice Chair

    Director → Vice Chair, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

  • Barb Skelton

    Board Member

    Director → Board Member, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Deborah Agnew MD MMM

    Board Member

    Director → Board Member, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Kim Gillian

    Board Member

    Director → Board Member, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Don Sterhan

    Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • James Harris

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (17)
  • Former: Dan Carter (2020–2024) — Board Member
  • Former: Ryan Nordlund (2020–2024) — Board Member
  • Former: Bill Royer (2021–2024) — Chairman
  • Former: Barbara Schneeman (2022–2024) — Executive Director
  • Former: John Felton (2019–2023) — Past CEO
  • Former: Jon Forte (2023) — CEO
  • Former: Greg Wing (2019–2022) — Treasurer
  • Former: Kristie Asay (2019–2022) — Executive Director
  • Former: David Mitchell (2020–2022) — Director
  • Former: Cindy Woods (2022) — Director
  • Former: Bill Underriner (2019–2021) — Director
  • Former: Alex Martin (2019–2020) — Director
  • Former: Debra Jones (2020) — Director
  • Former: Joan Thullbery (2019) — Director
  • Former: Mary Hernandez (2019) — Chairperson
  • Former: Spencer Larsen (2019) — Director
  • Former: Steve Wahrlich (2019) — Vice Chairperson

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.

Frequently asked questions about RiverStone Health Foundation

How much does RiverStone Health Foundation give each year?

RiverStone Health Foundation gave $1.2M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $516K across 1 grant.

How large is RiverStone Health Foundation?

RiverStone Health Foundation reported $1.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.1M.

What is RiverStone Health Foundation?

RiverStone Health Foundation is a nonprofit organization focused on Human Services, based in Billings, MT. It holds $1.1M in total assets as of 2025.

Where does RiverStone Health Foundation operate?

RiverStone Health Foundation has awarded grants in Montana.

What is RiverStone Health Foundation's EIN?

RiverStone Health Foundation's EIN (Employer Identification Number) is 35-2332179. IRS Form 990 filing data is available on this page for 2019–2025.

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

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