The Bilby Foundation
The Bilby Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Ardmore, OK. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.7M in total assets. In 2025, it awarded 10 grants totaling $236K. Net investment income was $367K.
Key facts about The Bilby Foundation
In short: The Bilby Foundation gave $236K across 10 grants in 2025 (avg $24K), mostly in Oklahoma. Source: 2025 IRS Form 990-PF.
- EIN
- 73-1554618
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $236,000
- Grants made (2025)
- 10
- Average grant
- $23,600
- Median grant
- $11,500
- Total assets
- $2,728,198
- Primary geography
- Oklahoma (76% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.7M
+4.5% YoY
Annual Giving
$236K
+7.3% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$24K
-3.5% YoY
Under IRS private-foundation payout rules, The Bilby Foundation reported a distributable amount of $216K for 2025 — the minimum it must pay out in qualifying distributions.
How The Bilby Foundation gives
- Giving held roughly steady from 2022 to 2025 (+18%). Method
- In 2025 it paid out 111% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
Grant Size Distribution
49 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Children's Shelter & Family Services Ardmore, OK | CapitalCampaign | $90,000 |
| Southern Oklahoma Ambulance Service Ardmore, OK | General Operations | $50,000 |
| Ashley Inc Havre De Grace, MD | Renovations | $32,000 |
| Univ of Oklahoma Foundation Norman, OK | Shelley MullinsScholarshipEndowment | $25,000 |
| Ranch Hand Rescue Argyle, TX | General Operations | $15,000 |
| Univ of Oklahoma Foundation Norman, OK | OU POM | $8,000 |
| Texas Tech Foundation Lubbock, TX | ScholarshipFund | $7,000 |
| Ardmore Animal Shelter Ardmore, OK | General Operations | $4,000 |
| Texas Christian University Fort Worth, TX | General Operations | $3,000 |
| Panhandle State University Goodwell, OK | GeneralExpenses | $2,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,728,198 | $2,611,465 | $2,345,703 |
| Revenue | $385,856 | $508,847 | $127,670 |
| Expenses | $269,123 | $243,085 | $208,159 |
| Qualifying Distributions | $239,979 | $223,788 | $191,119 |
| Net Investment Income | $366,662 | $490,550 | $112,631 |
| Distributable Amount | $216,351 | $198,836 | $171,428 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 22, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
The Bilby Foundation is led by Cody Noble, President since 2023 (on filings since 2020); none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Cody Noble
President
V-President → President, 2023
On filings since 2020
1 hr/week
No compensation reported
Nataly Bynum
V-President
On filings since 2020
2 hrs/week
No compensation reported
Blair Bissett
V-President
On filings since 2023
No compensation reported
Russell Noble
Trustee
V-President → Trustee, 2023
On filings since 2020
No compensation reported
Jo Kate Parker
Trustee
New on the 2025 filing
No compensation reported
Jessie Nance
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Former officers (1)
- Former: Samuel Lars Noble (2020–2022) — 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 The Bilby Foundation
How much does The Bilby Foundation give each year?
The Bilby Foundation gave $236K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $220K across 9 grants.
What is The Bilby Foundation's typical grant size?
The Bilby Foundation's median grant in 2025 was $11,500, and its average grant was $23,600, across 10 grants on its 2025 IRS Form 990-PF.
Where does The Bilby Foundation give grants?
The Bilby Foundation gives mostly in Oklahoma: 76% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Maryland (14%) and Texas (11%). The most frequent recipient cities were Ardmore, OK (3 grants) and Norman, OK (2 grants).
Does The Bilby Foundation give general operating support?
Yes: 40% of The Bilby Foundation's 2025 grants with a stated purpose (4 of 10) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Bilby Foundation's largest grantees?
The Bilby Foundation's largest 2025 grantees include Community Children's Shelter & Family Services ($90,000), Southern Oklahoma Ambulance Service ($50,000) and Univ of Oklahoma Foundation ($33,000 across 2 grants), according to its 2025 IRS Form 990-PF. Together they received 73% of its itemized 2025 grant dollars.
How large is The Bilby Foundation?
The Bilby Foundation reported $2.7M in total assets on its 2025 IRS Form 990-PF. It paid out $240K in qualifying distributions that year, against a required minimum of $216K (roughly 5% of its investment assets).
What is The Bilby Foundation?
The Bilby Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Ardmore, OK. It holds $2.7M in total assets as of 2025.
What is The Bilby Foundation's EIN?
The Bilby Foundation's EIN (Employer Identification Number) is 73-1554618. 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.
Here's the math on researching The Bilby Foundation by hand.
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