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 2024. As of 2024, the organization holds $37.3M in total assets. In 2024, it awarded 3 grants totaling $1.5M. Net investment income was $1.8M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$37.3M
-1.0% YoY
Annual Giving
$1.5M
Grant Count
3
Avg Grant Size
$502K
Under IRS private-foundation payout rules, Thomas W & Joan Scott Foundation reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.
About Thomas W & Joan Scott Foundation
Based on IRS filings
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 2024. As of 2024, the organization holds $37.3M in total assets. In 2024, it awarded 3 grants totaling $1.5M. Net investment income was $1.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $37,274,329 | $37,652,680 | $10,932 |
| Revenue | $965,199 | $25,792,959 | $3 |
| Expenses | $1,605,110 | $4,981 | $644 |
| Qualifying Distributions | $1,512,476 | $604 | $644 |
| Net Investment Income | $1,802,608 | $1,910,220 | $3 |
| Distributable Amount | $1,545,269 | $1,332,566 | $553 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 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 Billings Clinic Foundation ($1,000,000), Carolina Day School ($500,000), Sheridan High School Booster Club ($6,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Billings Clinic Foundation Billings, MT | Pediatric Capital Campaign | $1,000,000 |
| Carolina Day School Asheville, NC | Capital Campaign - Key School Building | $500,000 |
| Sheridan High School Booster Club Sheridan, WY | Up With People Competition | $6,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Julie Scott-Rose | President | 1 | — |
| Jonathan R Scott | Vice President | 1 | — |
| Barb Skelton | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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 $37.3M in total assets as of 2024.
How large is Thomas W & Joan Scott Foundation?
As of 2024, Thomas W & Joan Scott Foundation holds $37.3M in total assets with $965K in annual revenue. It awarded 3 grants totaling $1.5M in 2024.
Where does Thomas W & Joan Scott Foundation operate?
Thomas W & Joan Scott Foundation has awarded grants in Montana, North Carolina, Wyoming.
What size grants does Thomas W & Joan Scott Foundation award?
In 2024, Thomas W & Joan Scott Foundation awarded 3 grants totaling $1.5M — an average of about $502K per grant, based on its IRS Form 990 filings.
How much is Thomas W & Joan Scott Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Thomas W & Joan Scott Foundation reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.