Thomas Romine Foundation

BILLINGS, MT EIN: 88-1054623

Thomas Romine Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BILLINGS, MT. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $166 in total assets. In 2024, it awarded 2 grants totaling $7K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$166

-97.7% YoY

Annual Giving

$7K

+150.0% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$4K

+25.0% YoY

Under IRS private-foundation payout rules, Thomas Romine Foundation reported a distributable amount of $34 for 2024 — the minimum it must pay out in qualifying distributions.

About Thomas Romine Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Montana $10K (100%)

States

Montana

Cities

Billings

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$166	$7,198
Revenue	—	$10,000
Expenses	$7,032	$2,802
Qualifying Distributions	$7,000	$2,800
Net Investment Income	—	$2
Distributable Amount	$34	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Our Montana Foundation ($5,000), Billings Education Foundation ($2,000).

Recipient	Purpose	Amount
Billings Education Foundation Billings, MT	Scholarship	$2,000
Our Montana Foundation Billings, MT	Public Park Historical site work	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Thomas Romine	Secretary/Treasurer	1	—
Eric Nielsen	President	1	—
Arthur Foeste	President	1	—
Barb Butler	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Thomas Romine Foundation?

Thomas Romine Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BILLINGS, MT. It holds $166 in total assets as of 2024.

How large is Thomas Romine Foundation?

As of 2024, Thomas Romine Foundation holds $166 in total assets. It awarded 2 grants totaling $7K in 2024.

Where does Thomas Romine Foundation operate?

Thomas Romine Foundation has awarded grants in Montana.

What size grants does Thomas Romine Foundation award?

In 2024, Thomas Romine Foundation awarded 2 grants totaling $7K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Thomas Romine Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Thomas Romine Foundation reported a distributable amount of $34 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.