Thomas W & Joan Scott Foundation

Foundation · Grantmaker 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 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

3states

Share of all 11 itemized 2025 grant dollars.

Cities

BillingsDaytonSheridanAshevilleBozemanCasper

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M0 grants20200 grants20210 grants20220 grants20233 grants202411 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Carolina Day School: $500KCarolina Day School$500KHomer & Mildred Scott Foundation: $350KHomer & Mildred ScottFoundation$350KAntelope Butte Foundation: $250KAntelope Butte Foundation$250KYellowstone Ice Foundation: $200KYellowstone Ice Foundation$200KLeadership Wyoming: $100KLeadership Wyoming$100KTongue River Valley Community Center: $90KTongue River Valley CommunityCenter$90KMontana FFA Foundation: $50KMontana FFA Foundation$50KBillings Education Foundation: $25KBillings Education Foundation$25KTongue River Valley Scholarship Fund: $25KTongue River ValleyScholarship Fund$25KChinook Horses: $20KChinook Horses$20K

Grant Size Distribution

14 grants across all recorded years

5<$50K2$50–100K2$100–250K2$250–500K2$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Carolina Day School Asheville, NCOperating Funds$500,000
Homer & Mildred Scott Foundation Sheridan, WYOperating Grant$350,000
Antelope Butte Foundation Dayton, WYOperating Funds$250,000
Yellowstone Ice Foundation Billings, MTOperating Funds$200,000
Leadership Wyoming Casper, WYOperating Funds$100,000
Tongue River Valley Community Center Dayton, WYOperating Funds$90,000
Montana FFA Foundation Bozeman, MTOperating Funds$50,000
Billings Education Foundation Billings, MTAdvocates for Billings Baseball$25,000
Tongue River Valley Scholarship Fund Dayton, WYOperating Funds$25,000
Chinook Horses Billings, MTOperating Funds$20,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M202020212022202320242025
Metric202520242023
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

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 13, 2026)
  2. 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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