Treacy Foundation
The Treacy Foundation is a private grantmaking foundation based in Helena, Montana. Founded in 1947, the organization is dedicated to supporting nonprofit organizations and providing educational scholarships to students in the region. The foundation focuses on strengthening community organizations through financial grants and supporting higher education through scholarship programs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42.0M
+6.4% YoY
Annual Giving
$2.2M
+8.7% YoY
Grant Count
100
+17.6% YoY
Avg Grant Size
$22K
-7.6% YoY
Mission & Focus Areas
The Treacy Foundation is committed to supporting and strengthening nonprofit organizations in its community by awarding financial grants and providing financial assistance through scholarships to students pursuing higher education.
The foundation makes grants to support:
- Capital campaigns
- Capital asset improvements
- Maintenance projects
Grantmaking
Grant requests for $10,000 or less can be submitted at any time and will receive a response within 30 days.
Grant Range
$1,000 to $10,000
Grant Types
How to Apply
**
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Geographic Focus
Where this funder awards grants
Montana (primary focus for grants and scholarships) Idaho (for scholarship programs)
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $50 million
Annual Distributions: $2.3 million (2024)
Charitable Expenses (2024):
- General grants to 501(c)(3) organizations: $1,908,900
- Scholarship grants to college students: $320,778
Latest Tax Filing: 2024 Form 990-PF (published by IRS in August 2025)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $42,018,509 | $39,493,819 | $40,460,779 |
| Revenue | $5,302,148 | $1,579,163 | $5,868,862 |
| Expenses | $2,728,617 | $2,579,637 | $2,289,187 |
| Qualifying Distributions | $2,311,977 | $2,132,747 | $1,991,081 |
| Net Investment Income | $4,920,385 | $1,270,057 | $5,621,485 |
| Distributable Amount | $2,387,171 | $2,249,481 | $2,164,933 |
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 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
2 open opportunities from Treacy Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Mike Cooney – Executive Director (40 hours/week, $65,000 compensation)
- Tom McCarvel – Chair (1 hour/week, $3,000 compensation)
- Kimmy Skiftun – Vice Chair (1 hour/week, $4,000 compensation)
- Kelly O'Connell – Secretary/Treasurer (1 hour/week, $3,000 compensation)
- Michele Bazzanella – Trustee (1 hour/week, $4,000 compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MIKE COONEY | EXECUTIVE DIRECTOR | 40 | $64,800 |
| KELLY O'CONNELL | SECRETARY/TREASURER | 1 | $3,000 |
| TOM MCCARVEL | CHAIR | 1 | $3,000 |
| KIMMY SKIFTUN | VICE CHAIR | 1 | $4,000 |
| MICHELE BAZZANELLA | TRUSTEE | 1 | $4,000 |
Contact Information
Mailing Address: P.O. Box 1479 Helena, MT 59624
Physical Address: 318 E 6th Ave Helena, MT 59601
Phone: (406) 443-3549
Website: treacyfoundation.org
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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