Stepping Forward Foundation

BILLINGS, MT EIN: 27-4013541

Stepping Forward Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BILLINGS, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $905K in total assets. In 2024, it awarded 4 grants totaling $89K. Net investment income was $22K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$905K

+4.2% YoY

Annual Giving

$89K

-15.2% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$22K

-36.4% YoY

Under IRS private-foundation payout rules, Stepping Forward Foundation reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.

About Stepping Forward Foundation

Based on IRS filings

Stepping Forward Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BILLINGS, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $905K in total assets. In 2024, it awarded 4 grants totaling $89K. Net investment income was $22K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BillingsBozemanHelenaOrlandoRapelje

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$76K$152K$228K$304K20202021202220232024
Metric202420232022
Total Assets$904,720$868,121$769,043
Revenue$178,161$253,765$276,444
Expenses$141,562$154,687$151,218
Qualifying Distributions$134,434$148,549$143,521
Net Investment Income$22,034$47,654$20,394
Distributable Amount$52,377$44,442$39,413

Giving Over Time

Total grant dollars and number of grants per year

$0$31K$62K$92K$123K5 grants20204 grants20216 grants20223 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

MONTANA STATE UNIVERSITY…$40KSCHWAB CHARITABLE$31KMONTANA STATE UNIVERSITY…$16KBILLINGS SENIOR HIGH - H…$3K

Grant Size Distribution

22 grants across all recorded years

16<$50K6$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Montana State University - Billings Foundation ($39,900), Schwab Charitable ($31,000), Montana State University - Bozeman ($16,000).

RecipientPurposeAmount
BILLINGS SENIOR HIGH - HOLIDAY GIFT CARD DRIVE BILLINGS, MTPHILANTHROPIC PURPOSE$2,500
MONTANA STATE UNIVERSITY - BILLINGS FOUNDATION BILLINGS, MTPHILANTHROPIC PURPOSE$39,900
SCHWAB CHARITABLE ORLANDO, FLPHILANTHROPIC PURPOSE$31,000
MONTANA STATE UNIVERSITY - BOZEMAN BOZEMAN, MTPHILANTHROPIC PURPOSE$16,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LYN A FINDLEYPRES/SEC/TREAS
BENJAMIN C FINDLEYDIRECTOR
LEAH A FINDLEYDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Stepping Forward Foundation?

Stepping Forward Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BILLINGS, MT. It holds $905K in total assets as of 2024.

How large is Stepping Forward Foundation?

As of 2024, Stepping Forward Foundation holds $905K in total assets with $178K in annual revenue. It awarded 4 grants totaling $89K in 2024.

Where does Stepping Forward Foundation operate?

Stepping Forward Foundation has awarded grants in Florida, Montana.

What size grants does Stepping Forward Foundation award?

In 2024, Stepping Forward Foundation awarded 4 grants totaling $89K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is Stepping Forward Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Stepping Forward Foundation reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Stepping Forward Foundation's EIN?

Stepping Forward Foundation's EIN (Employer Identification Number) is 27-4013541. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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