Treacy Foundation
The Treacy Foundation is a private foundation based in Helena, Montana. It supports nonprofit organizations through grants for capital campaigns, capital asset improvements, and maintenance, and provides scholarships to students pursuing higher education.
Treacy Foundation at a glance
In short: Treacy Foundation gave $2.4M across 103 grants in 2025 (avg $23K), mostly in Montana. 57% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,369,000
- +6.2% vs 2024
- Grants made (2025)
- 103
- +3.0% vs 2024
- Average grant
- $23,000
- +3.2% vs 2024
- Median grant
- $15,000
- Total assets
- $43,664,399
- +3.9% vs 2024
- New grantees (estimate)
- 57% first-time grantees (55 of 97, 2025)
- Primary geography
- Montana (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Treacy Foundation
- How to Apply
-
The foundation’s website requires a one-page letter of intent before an application. The letter should describe the project, provide the applicant’s IRS status, total project cost, amount requested, funds on hand and their sources, and other funding requests. Applicants must have at least 50% of the project cost in hand or committed before applying. The foundation decides whether to invite an applicant to submit a full application. Full applications require a project budget, the most recent balance sheet and income statement, and an IRS 501(c)(3) verification letter or documentation of governmental tax-exempt status. The website says it does not accept 990-PFs or audited books. It excludes pass-through grants; operating expenses or salaries; travel or meals; political organizations, candidates, or campaigns; non-charitable organizations; grants or loans to individuals; debt reduction; electronics; vehicles; and projects at facilities or property the applicant does not own.
- Review Cycle
- The website lists October 1, 2026, at noon as the deadline for requests over $10,000; that date has passed. It says requests of $10,000 or less may be submitted at any time and should address emergency situations. Letters of intent for requests above $10,000 must be received three weeks before the application deadline. The application document lists an April 2, 2026, deadline, which has also passed.
- Deadline
- The website lists October 1, 2026, at noon as the deadline for requests over $10,000; that date has passed.
- Contact
Application contact: Treacy Foundation
Mailing address: PO Box 1479, Helena, MT 59624
Phone: (406) 443-3549
Website: https://treacyfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Treacy Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Helena Food Share ($103K). Together the top 10 received $695K.
Organizations only. It also paid 6 individual scholarships ($36,000), which are not listed by name.
Grant Size Distribution
417 grants across all recorded years
The most common grant size was under $50K: 338 grants of 417 (81%).
Geographic Focus
Where this funder awards grants
The foundation’s website identifies Montana as its geographic area of interest for grants. Its 2025 filing shows that 97% of grant dollars went to recipients in Montana, with smaller shares going to an individual recipient, Oregon, Alaska, and Massachusetts. The filing describes scholarship eligibility as covering residents of Montana and Idaho.
Grant Distribution by State
Share of 2025 grant dollars across all 103 itemized grants.
States
Cities
Is Treacy Foundation open to new grantees?
57%
first-time grantees, 2025
In 2025, 55 of 97 grantees (57%) were first-time recipients. First grants averaged $22K; repeat grants $27K. How we count
Medians: $20K first-time, $25K repeat.
- 22% of 2025 grantees were also funded in 2024. Method
- Giving grew 24% from 2022 to 2025. Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.9M (2019) to $2.4M (2025). In 2025 it made 103 grants totaling $2.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Helena Food Share Helena, MT | Capital Campaign | $102,500 |
| Montana State University Bozeman, MT | College scholarships for individuals paid directly to schools of higher education | $76,500 |
| Eagle Mount Bozeman, MT | Capital Campaign | $75,000 |
| Florence Crittenton Home Helena, MT | Capital Campaign | $75,000 |
| YWCA-Helena Helena, MT | Capital Campaign | $75,000 |
| St Peter's Health Foundation Helena, MT | Capital Campaign | $70,000 |
| University of Montana Missoula, MT | College scholarships for individuals paid directly to schools of higher education | $63,500 |
| Exploration Works Helena, MT | Capital Campaign | $55,000 |
| Habitat for Humanity Helena Helena, MT | Capital Campaign | $52,500 |
| Aspen - Livingston Livingston, MT | Capital Campaign | $50,000 |
Ready to take the next step with Treacy Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $43,664,399 | $4,511,943 | $2,878,300 | $2,369,000 | 103 | $2,449,116 | $4,328,407 | $2,596,714 |
| 2024 | $42,018,509 | $5,302,148 | $2,728,617 | $2,229,678 | 100 | $2,311,977 | $4,920,385 | $2,387,171 |
| 2023 | $39,493,819 | $1,579,163 | $2,579,637 | $2,051,200 | 85 | $2,132,747 | $1,270,057 | $2,249,481 |
| 2022 | $40,460,779 | $5,868,862 | $2,289,187 | $1,906,160 | 63 | $1,991,081 | $5,621,485 | $2,164,933 |
| 2021 | $36,888,345 | $2,603,734 | $2,392,857 | $1,981,450 | 66 | $2,105,895 | $2,330,424 | $2,110,036 |
| 2020 | $36,709,534 | $2,079,424 | $2,393,267 | $1,976,000 | 68 | — | $1,811,779 | $2,031,792 |
| 2019 | $36,995,925 | $2,692,176 | $2,300,420 | $1,900,198 | 77 | — | $2,403,473 | $2,086,783 |
Under IRS private-foundation payout rules, Treacy Foundation reported a distributable amount of $2.6M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated mission is to support and strengthen nonprofit organizations in its community through financial grants and to provide financial assistance through scholarships to students pursuing higher education. Its website says grants support capital campaigns, capital asset improvements, and maintenance. The 2025 filing says the foundation awards grants to 501(c)(3) organizations based on each organization’s needs.
The 2025 filing also describes scholarships for starting freshmen and sophomores who are residents of Montana and Idaho. Scholarships are generally $3,000 per year, paid directly to the school, and may be renewed for up to four years if the student requests renewal annually. The foundation does not offer them to junior, senior, or graduate students, and limits the number of new scholarships each year.
Grantees’ missions illustrate the kinds of organizations receiving support. Helena Food Share says it provides food respectfully and works with others to eliminate hunger in the greater Helena area. Eagle Mount says it provides adaptive recreation for people with disabilities and children with cancer. Florence Crittenton Home and Services describes its work as residential and community-based services for pregnant and parenting families with young children. YWCA Helena says it provides supportive housing and services for women and children experiencing homelessness. St. Peter’s Health Foundation says it supports exceptional and compassionate community health care; ExplorationWorks says it aims to inspire a lifelong love of science; Helena Area Habitat for Humanity says it brings people together to build homes and communities; and Big Sandy Medical Center says it provides quality patient care.
Grantmaking
In filing year 2025, the foundation reported 103 grants totaling $2,369,000. Grant amounts ranged from $1,500 to $102,500, with a median of $15,000. The filing also reports grants to 75 organizations and 106 scholarships awarded to 105 students that year.
Among the largest reported grants were $102,500 to Helena Food Share for a capital campaign; $76,500 to Montana State University for college scholarships paid directly to schools; $75,000 each to Eagle Mount, Florence Crittenton Home, and YWCA-Helena for capital campaigns; and $70,000 to St. Peter’s Health Foundation for a capital campaign. Other large capital campaign grants included $63,500 to the University of Montana for scholarships paid directly to schools, $55,000 to Exploration Works, $52,500 to Habitat for Humanity Helena, and $50,000 each to Aspen–Livingston, Big Sandy Medical Center, and Clay Arts Guild.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Mike Cooney as executive director, Kelly O’Connell as secretary/treasurer, Tom McCarvel as chair, Kimmy Skiftun as vice chair, and Michele Bazzanella as trustee.
Treacy Foundation is led by Mike Cooney, Executive Director since 2021 (on filings since 2019); all 5 officers listed in 2025 are compensated.
Officers on the 2025 filing
Mike Cooney
Executive Director
Trustee → Vice Chair, 2020
Vice Chair → Executive Director, 2021
On filings since 2019
40 hrs/week
$2K (2019) → $66K (2025)
Tom McCarvel
Chair
Chairman → Chair, 2023
On filings since 2019
1 hr/week
$2K (2019) → $3K (2025)
Michele Bazzanella
Trustee
On filings since 2019
1 hr/week
$2K (2019) → $4K (2025)
Kelly O'Connell
Secretary & Treasurer
Trustee → Secretary, 2020
Secretary → Secretary & Treasurer, 2021
On filings since 2019
1 hr/week
$2K (2019) → $3K (2025)
Kimmy Skiftun
Vice Chair
Executive Director → Vice Chair, 2021
On filings since 2019
1 hr/week
$74K (2019) → $4K (2025)
Former officers (1)
- Former: Colleen Brady (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $66K, to Mike Cooney (Executive Director). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Treacy Foundation
How much does Treacy Foundation give each year?
Treacy Foundation gave $2.4M across 103 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.2M across 100 grants.
What is Treacy Foundation's typical grant size?
Treacy Foundation's median grant in 2025 was $15,000, and its average grant was $23,000, across 103 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Treacy Foundation that year got $22K on average.
Where does Treacy Foundation give grants?
Treacy Foundation gives mostly in Montana: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Helena, MT (16 grants), Missoula, MT (12 grants), Bozeman, MT (9 grants) and Billings, MT (7 grants).
Does Treacy Foundation give general operating support?
Not in 2025: none of the 103 grants with a stated purpose on Treacy Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Capital Campaign" (73 grants).
Who are Treacy Foundation's largest grantees?
Treacy Foundation's largest 2025 grantees include Helena Food Share ($102,500), Montana State University ($76,500) and Eagle Mount ($75,000), according to its 2025 IRS Form 990-PF. It also paid 6 individual scholarships ($36,000), which are not listed by name. Together they received 11% of its itemized 2025 grant dollars.
How large is Treacy Foundation?
Treacy Foundation reported $43.7M in total assets on its 2025 IRS Form 990-PF. It paid out $2.4M in qualifying distributions that year, against a required minimum of $2.6M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Treacy Foundation fund?
The foundation’s stated mission is to support and strengthen nonprofit organizations in its community through financial grants and to provide financial assistance through scholarships to students pursuing higher education. See mission & focus areas ↑
How do I apply for a grant from Treacy Foundation?
The foundation’s website requires a one-page letter of intent before an application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Treacy Foundation's EIN?
Treacy Foundation's EIN (Employer Identification Number) is 81-0270257. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS August 3, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 22, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Treacy Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Treacy Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/treacy-foundation-morg_04dead8e3a074fc0969ec9267547b505
BibTeX
@misc{grantable_810270257_2026,
author = {{Grantable}},
title = {{Treacy Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/treacy-foundation-morg_04dead8e3a074fc0969ec9267547b505},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Treacy Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Treacy Foundation down — hundreds of funders to go?