Thomas W & Joan Scott Foundation
Thomas W & Joan Scott Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Billings, MT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $36.2M in total assets. In 2025, it awarded 11 grants totaling $1.6M. Net investment income was $1.6M.
Key facts about Thomas W & Joan Scott Foundation
In short: Thomas W & Joan Scott Foundation gave $1.6M across 11 grants in 2025 (avg $147K), mostly in Wyoming. Source: 2025 IRS Form 990-PF.
- EIN
- 81-0503776
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $1,615,000
- Grants made (2025)
- 11
- Average grant
- $146,818
- Median grant
- $90,000
- Total assets
- $36,200,921
- Primary geography
- Wyoming (51% 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
$36.2M
-2.9% YoY
Annual Giving
$1.6M
+7.2% YoY
Grant Count
11
+266.7% YoY
Avg Grant Size
$147K
-70.8% YoY
Under IRS private-foundation payout rules, Thomas W & Joan Scott Foundation reported a distributable amount of $1.6M for 2025 — the minimum it must pay out in qualifying distributions.
How Thomas W & Joan Scott Foundation gives
- 9% of 2025 grantees were also funded in 2024. Method
- In 2025 it paid out 101% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 11 itemized 2025 grant dollars.
States
Cities
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 2025
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Carolina Day School Asheville, NC | Operating Funds | $500,000 |
| Homer & Mildred Scott Foundation Sheridan, WY | Operating Grant | $350,000 |
| Antelope Butte Foundation Dayton, WY | Operating Funds | $250,000 |
| Yellowstone Ice Foundation Billings, MT | Operating Funds | $200,000 |
| Leadership Wyoming Casper, WY | Operating Funds | $100,000 |
| Tongue River Valley Community Center Dayton, WY | Operating Funds | $90,000 |
| Montana FFA Foundation Bozeman, MT | Operating Funds | $50,000 |
| Billings Education Foundation Billings, MT | Advocates for Billings Baseball | $25,000 |
| Tongue River Valley Scholarship Fund Dayton, WY | Operating Funds | $25,000 |
| Chinook Horses Billings, MT | Operating Funds | $20,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $36,200,921 | $37,274,329 | $37,652,680 |
| Revenue | $639,948 | $965,199 | $25,792,959 |
| Expenses | $1,710,242 | $1,605,110 | $4,981 |
| Qualifying Distributions | $1,617,616 | $1,512,476 | $604 |
| Net Investment Income | $1,623,989 | $1,802,608 | $1,910,220 |
| Distributable Amount | $1,608,963 | $1,545,269 | $1,332,566 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Thomas W & Joan Scott Foundation is led by Julie Scott-Rose, President since 2023 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Julie Scott-Rose
President
Director → President, 2023
On filings since 2020
1 hr/week
No compensation reported
Jonathan R Scott
Vice President
Director → Vice President, 2023
On filings since 2020
1 hr/week
No compensation reported
Barb Skelton
Secretary
On filings since 2023
1 hr/week
No compensation reported
Former officers (1)
- Former: Joan D Scott (2020–2021) — 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 Thomas W & Joan Scott Foundation
How much does Thomas W & Joan Scott Foundation give each year?
Thomas W & Joan Scott Foundation gave $1.6M across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.5M across 3 grants.
What is Thomas W & Joan Scott Foundation's typical grant size?
Thomas W & Joan Scott Foundation's median grant in 2025 was $90,000, and its average grant was $146,818, across 11 grants on its 2025 IRS Form 990-PF.
Where does Thomas W & Joan Scott Foundation give grants?
Thomas W & Joan Scott Foundation gives mostly in Wyoming: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were North Carolina (31%) and Montana (18%). The most frequent recipient cities were Dayton, WY (3 grants), Billings, MT (3 grants) and Sheridan, WY (2 grants).
Does Thomas W & Joan Scott Foundation give general operating support?
Yes: 82% of Thomas W & Joan Scott Foundation's 2025 grants with a stated purpose (9 of 11) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Thomas W & Joan Scott Foundation's largest grantees?
Thomas W & Joan Scott Foundation's largest 2025 grantees include Carolina Day School ($500,000), Homer & Mildred Scott Foundation ($350,000) and Antelope Butte Foundation ($250,000), according to its 2025 IRS Form 990-PF. Together they received 68% of its itemized 2025 grant dollars.
How large is Thomas W & Joan Scott Foundation?
Thomas W & Joan Scott Foundation reported $36.2M in total assets on its 2025 IRS Form 990-PF. It paid out $1.6M in qualifying distributions that year, against a required minimum of $1.6M (roughly 5% of its investment assets).
What is Thomas W & Joan Scott Foundation?
Thomas W & Joan Scott Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Billings, MT. It holds $36.2M in total assets as of 2025.
What is Thomas W & Joan Scott Foundation's EIN?
Thomas W & Joan Scott Foundation's EIN (Employer Identification Number) is 81-0503776. 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.
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