The Louvin Foundation

BILLINGS, MT EIN: 26-2844097

The Louvin 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 $1.9M in total assets. In 2024, it awarded 14 grants totaling $107K. Net investment income was $169K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+3.3% YoY

Annual Giving

$107K

-21.1% YoY

Grant Count

14

+0.0% YoY

Avg Grant Size

$8K

-21.1% YoY

Under IRS private-foundation payout rules, The Louvin Foundation reported a distributable amount of $106K for 2024 — the minimum it must pay out in qualifying distributions.

About The Louvin Foundation

Based on IRS filings

The Louvin 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 $1.9M in total assets. In 2024, it awarded 14 grants totaling $107K. Net investment income was $169K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BigforkBillingsRed Lodge

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$223K$447K$670K$893K20202021202220232024
Metric202420232022
Total Assets$1,940,323$1,878,049$1,898,088
Revenue$194,339$138,488$222,880
Expenses$132,065$158,527$133,704
Qualifying Distributions$106,500$135,000$107,000
Net Investment Income$168,774$130,306$195,867
Distributable Amount$106,199$93,977$91,103

Giving Over Time

Total grant dollars and number of grants per year

$0$34K$68K$101K$135K10 grants202011 grants202115 grants202214 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MONTANA RESCUE MISSION$25KFIRST PRESBYTERIAN CHURCH$20KFAMILY PROMISE OF YELLOW…$12KFAITH EVANGELICAL CHURCH$10KBOYS & GIRLS CLUB OF YEL…$8KFAMILY SERVICE$8KCHILD BRIDGE INC$5KHABITAT FOR HUMANITY$5KBIKENET DBA BILLINGS TRA…$3KBILLINGS PUBLIC LIBRARY …$3K

Grant Size Distribution

64 grants across all recorded years

64<$50K$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 Rescue Mission ($25,000), First Presbyterian Church ($20,000), Family Promise of Yellowstone Valley ($12,000).

RecipientPurposeAmount
ANGELA'S PIAZZA INC BILLINGS, MTHUMANITARIAN AID$2,000
BIKENET DBA BILLINGS TRAILNET BILLINGS, MTHUMANITARIAN AID$2,500
BILLINGS PUBLIC LIBRARY FOUNDATION BILLINGS, MTHUMANITARIAN AID$2,500
BOYS & GIRLS CLUB OF YELLOWSTONE COUNTY BILLINGS, MTHUMANITARIAN AID$7,500
CHILD BRIDGE INC BIGFORK, MTHUMANITARIAN AID$5,000
FAITH EVANGELICAL CHURCH BILLINGS, MTHUMANITARIAN AID$10,000
FAMILY PROMISE OF YELLOWSTONE VALLEY BILLINGS, MTHUMANITARIAN AID$12,000
FAMILY SERVICE BILLINGS, MTHUMANITARIAN AID$7,500
FIRST PRESBYTERIAN CHURCH BILLINGS, MTHUMANITARIAN AID$20,000
HABITAT FOR HUMANITY BILLINGS, MTHUMANITARIAN AID$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DENNIS C MCGINNISPRES/TREAS/DIRECTOR1
LOUISE F LARSENVICE PRES/DIRECTOR1
TONYA APPELTSECRETARY/DIRECTOR1
PAIGE SPALDINGDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Louvin Foundation?

The Louvin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BILLINGS, MT. It holds $1.9M in total assets as of 2024.

How large is The Louvin Foundation?

As of 2024, The Louvin Foundation holds $1.9M in total assets with $194K in annual revenue. It awarded 14 grants totaling $107K in 2024.

Where does The Louvin Foundation operate?

The Louvin Foundation has awarded grants in Montana.

What size grants does The Louvin Foundation award?

In 2024, The Louvin Foundation awarded 14 grants totaling $107K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is The Louvin Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Louvin Foundation reported a distributable amount of $106K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Louvin Foundation's EIN?

The Louvin Foundation's EIN (Employer Identification Number) is 26-2844097. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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