Susan Scott Heyneman Foundation

Foundation · Grantmaker Billings, MT EIN: 74-2364561 Website

The Susan Scott Heyneman Foundation is a private foundation based in Billings, Montana. The foundation makes both project-specific grants and general operating grants to qualified charitable organizations.

Key facts about Susan Scott Heyneman Foundation

EIN: 74-2364561
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $200,000
Grants made (2024): 34
Average grant: $5,882
Median grant: $3,000
New grantees (estimate): 47% first-time grantees (16 of 34, 2024)
Total assets: $1,349,005
Primary geography: Montana (81% of itemized 2024 grant dollars)
How to apply: The foundation operates on two grant cycles:. Full details ↓

Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Susan Scott Heyneman Foundation funds

By grant dollars, the top recipient states for Susan Scott Heyneman Foundation's 34 itemized 2024 grants were Montana (81%), Wyoming (11%) and Colorado (8%). The most frequent recipient cities were Billings, MT (12 grants), Sheridan, WY (7 grants), Absarokee, MT (5 grants) and Bozeman, MT (4 grants). 100% of grants with a stated purpose were for general or operating support.

Is Susan Scott Heyneman Foundation open to new grantees?

47%

first-time grantees, 2024

In 2024, 16 of 34 grantees (47%) were first-time recipients. First grants averaged $6K; repeat grants $6K. How we count

Medians: $4K first-time, $3K repeat.

44% of 2024 grantees were also funded in 2023. Method
Giving grew 28% from 2021 to 2024. Method
In 2024 it paid out 249% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Susan Scott Heyneman Foundation

How to evaluate Susan Scott Heyneman Foundation as a funder
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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-9.5% YoY

Annual Giving

$200K

-7.5% YoY

Grant Count

+9.7% YoY

Avg Grant Size

$6K

-15.7% YoY

Under IRS private-foundation payout rules, Susan Scott Heyneman Foundation reported a distributable amount of $84K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's purpose is to support qualified charities focusing in the following areas:

Humanities
Education
Environment
Performing and fine arts

Grantmaking

Review Cycle

- **Spring Cycle:** Deadline April 15; grants awarded in May

Grant Types

& Sizes**

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

Stillwater and Yellowstone County, Montana
Sheridan County, Wyoming
New York (limited giving)

Grant Distribution by State

Montana $163K (81%)

Wyoming $23K (11%)

Colorado $15K (8%)

Share of all 34 itemized 2024 grant dollars.

States

California Colorado District of Columbia Kansas Montana New York Wyoming

Cities

BillingsSheridanMissoulaAbsarokeeBozemanNew YorkRivertonHelenaPaoniaSalinaCodyColumbusLos AngelesRed LodgeWashington

Financial History

Multi-year comparison from IRS filings

Most Recent Data (2023)

Total assets: $1,491,366
Total giving: $216,200

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,349,005	$1,491,366	$1,060,569
Revenue	$83,915	$673,160	$182,101
Expenses	$226,188	$241,729	$165,249
Qualifying Distributions	$208,494	$224,590	$156,955
Net Investment Income	$75,946	$664,621	$173,807
Distributable Amount	$83,658	$77,542	$87,334

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 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

145 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Art House Billings ($25,000), Northern Plains Resource Council ($25,000), Alberta Bair Theater ($20,000).

Recipient	Purpose	Amount
Art House Billings Billings, MT	Operational Support	$25,000
Northern Plains Resource Council Billings, MT	Operational Support	$25,000
Alberta Bair Theater Billings, MT	Operational Support	$20,000
High Country News Paonia, CO	Operational Support	$15,000
Billings Family YMCA Billings, MT	Operational Support	$10,000
Billings Symphony Billings, MT	Operational Support	$10,000
Montana Chamber Music Society Bozeman, MT	Operational Support	$10,000
Montana Youth Symphony Bozeman, MT	Operational Support	$10,000
Bair Bait Dance Missoula, MT	Operational Support	$8,000
Sandstone Preservation Community Absarokee, MT	Operational Support	$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

The Board of Trustees is comprised of:

John Heyneman – Sheridan, WY
Tom Heyneman – Fishtail, MT
Alex Heyneman – Absarokee, MT
Corby Skinner – Billings, MT
Margaret Kingsland – Missoula, MT

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Susan Scott Heyneman	Trustee	1	—
John Heyneman Jr	Trustee	1	—
Corby Skinner	Trustee	1	—
Margaret Kingsland	Trustee	1	—
Alexander Heyneman	Trustee	1	—
Thomas Heyneman	Trustee	1	—

Frequently Asked Questions

What does Susan Scott Heyneman Foundation fund?

The foundation's purpose is to support qualified charities focusing in the following areas: • Humanities • Education • Environment • Performing and fine arts

How do I apply for a grant from Susan Scott Heyneman Foundation?

The foundation operates on two grant cycles:. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Susan Scott Heyneman Foundation make grants?

The foundation primarily funds organizations in: • Stillwater and Yellowstone County, Montana • Sheridan County, Wyoming • New York (limited giving)

What size grants does Susan Scott Heyneman Foundation award?

In 2024, Susan Scott Heyneman Foundation awarded 34 grants totaling $200K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Susan Scott Heyneman Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Susan Scott Heyneman Foundation reported a distributable amount of $84K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Susan Scott Heyneman Foundation's EIN?

Susan Scott Heyneman Foundation's EIN (Employer Identification Number) is 74-2364561. IRS Form 990 filing data is available on this page for 2020–2024.