Thomas W & Joan Scott Foundation

BILLINGS, MT EIN: 81-0503776

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

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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Montana $1.0M (66%)

North Carolina $500K (33%)

Wyoming $7K (0%)

States

Montana North Carolina Wyoming

Cities

AshevilleBillingsSheridan

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Philanthropy, Voluntarism & Grantmaking

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.