Walter & Frances Green Charitable Trust

Private foundation · Grantmaker Billings, MT EIN: 46-6096446

Walter & Frances Green Charitable Trust is a private foundation based in Billings, Montana. Its 2025 grants supported scholarships and organizations and programs serving students, children, and communities, primarily in an individual recipient

Walter & Frances Green Charitable Trust at a glance

In short: Walter & Frances Green Charitable Trust gave $61K across 40 grants in 2025 (avg $2K), mostly in South Dakota. 48% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$60,700
+8.2% vs 2024
Grants made (2025)
40
+11.1% vs 2024
Average grant
$1,518
-2.7% vs 2024
Median grant
$1,025
Total assets
$1,067,761
-2.9% vs 2024
New grantees (estimate)
48% first-time grantees (16 of 33, 2025)
Primary geography
South Dakota (82% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Walter & Frances Green Charitable Trust

How to Apply

Contact the Green Scholarship Committee and see the attached application form. Awards are limited to high school seniors graduating from Lead/Deadwood High School in Lead, an individual recipient

Contact

Application contact: Green Scholarship Committee
Mailing address: 320 S Main, Lead, SD 57754
Phone: (605) 348-3322

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Walter & Frances Green Charitable Trust funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

SD School of Mines and Technology: $5K across 2 grantsSD School of Mines andTechnology$5K · 2 grantsSoutheast Technical Institute: $5K across 2 grantsSoutheast Technical Institute$5K · 2 grantsLDMS - Student Council: $4KLDMS - Student Council$4KBoys and Girls Club of Lead-Deadwood: $4KBoys and Girls Club ofLead-Deadwood$4KLDMS - Outlaw Ranch Program: $3KLDMS - Outlaw Ranch Program$3KUniversity of Colorado: $3KUniversity of Colorado$3KUniversity of Jamestown: $3KUniversity of Jamestown$3KLDHS - Key Club: $3KLDHS - Key Club$3KClothe a Kid: $2KClothe a Kid$2KMontana State University: $2KMontana State University$2K

The largest 2025 recipient was SD School of Mines and Technology ($5K across 2 grants). Together the top 10 received $33K.

Organizations only. It also paid 4 individual scholarships ($4,000), which are not listed by name.

Grant Size Distribution

179 grants across all recorded years

179<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 179 grants of 179 (100%).

Geographic Focus

Where this funder awards grants

In 2025, 82% of grant dollars went to an individual recipient recipients. The remaining shares were Colorado (5%), an individual recipient (5%), Montana (3%), and Wyoming (3%).

Grant Distribution by State

12states

Share of 2025 grant dollars across all 40 itemized grants.

Cities

LeadDeadwoodSioux FallsVermillionMitchellRapid CitySpearfishLaramieBozemanAberdeenChadronGrand ForksBoulderChandlerDenverGlendaleGrand JunctionGunnisonJamestownLincoln

Is Walter & Frances Green Charitable Trust open to new grantees?

48%

first-time grantees, 2025

In 2025, 16 of 33 grantees (48%) were first-time recipients. First grants averaged $2K; repeat grants $2K. How we count

Medians: $2K first-time, $2K repeat.

  • 42% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+1%). Method
  • In 2025 it paid out 106% of its IRS minimum distribution (the 5% rule). 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

$0$20K$40K$60K$80K33 grants2019 25 grants2020 41 grants2021 25 grants2022 37 grants2023 36 grants2024 40 grants2025

From 2019 to 2025, annual grant giving ranged from $53K (2020) to $70K (2021). In 2025 it made 40 grants totaling $61K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
SD School of Mines and Technology Rapid City, SDScholarship$4,000
LDMS - Student Council Lead, SDStudent Council$4,000
Boys and Girls Club of Lead-Deadwood Lead, SDProgram Support$3,500
4 individual scholarships Recipients not named —$4,000
LDMS - Outlaw Ranch Program Lead, SDOutlaw Ranch Program$3,000
University of Colorado Boulder, COScholarship$3,000
University of Jamestown Jamestown, NDScholarship$3,000
Southeast Technical Institute Sioux Falls, SDScholarship$3,000
LDHS - Key Club Lead, SDProgram Support$2,500
Clothe a Kid Lead, SDProgram Support$2,300
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,067,761$47,282$79,260$60,70040$65,645$35,900$61,801
2024$1,099,793$110,406$68,797$56,12536$59,752$102,088$58,927
2023$1,058,435$50,015$71,933$56,60037$61,172$38,806$55,893
2022$1,080,346$32,239$77,167$60,15025$64,733$21,183$58,053
2021$1,125,357$83,181$85,269$69,60041$74,255$72,062$66,278
2020$1,127,462$55,011$70,020$53,20025—$45,151$59,199
2019$1,141,229$78,548$73,401$59,20533—$67,967$57,888

Under IRS private-foundation payout rules, Walter & Frances Green Charitable Trust reported a distributable amount of $62K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement is provided. The 2025 grants included scholarships, student council and program support, and support for education-related and community organizations.

Grantees describe their work in varied ways. Junior Achievement of an individual recipient says it prepares young people for the global economy through programs in financial literacy, work readiness, and entrepreneurship. An individual recipient Alliance for Children says it provides affordable child care and educational services to families with young children in the an individual recipient Mitchell Technical College says its support helps students build skills for technical careers through scholarships and updated equipment and tools.

Grantmaking

In 2025, the trust made 40 grants totaling $60,700. Grants ranged from $250 to $4,000, with a median of $1,025. Recent filing-year totals were $56,600 across 37 grants in 2023 and $56,125 across 36 grants in 2024.

Among the largest 2025 grants were $4,000 to SD School of Mines and Technology for scholarships, $4,000 to LDMS - Student Council, $3,500 to Boys and Girls Club of Lead-Deadwood for program support, and $3,000 each to an individual recipient State University, LDMS - Outlaw Ranch Program, University of Colorado, University of Jamestown, and Southeast Technical Institute. The trust also gave $2,500 to LDHS - Key Club and $2,300 to Clothe a Kid.

Additional 2025 recipients included Junior Achievement of an individual recipient ($1,800), an individual recipient Alliance for Children ($1,050), Mitchell Technical College ($1,000), an individual recipient Area CASA Program ($1,000), and an individual recipient State University ($500). The grantees describe their work respectively as youth preparation for economic success, child care and education, technical career preparation, court-appointed advocacy for children who have experienced abuse or neglect, and support for an individual recipient State University.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Dr. Erik Person, Suzanne Rogers, David Ruth Jr., Ron Everett, and Tim Madsen as board members, and First Interstate Bank as trustee.

Walter & Frances Green Charitable Trust's 2025 filing lists 6 officers; 1 of 6 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • First Interstate Bank

    Trustee

    On filings since 2019

    1 hr/week

    $13K (2019) → $14K (2025)

  • David Ruth Jr.

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Ron Everett

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Suzanne Rogers

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Tim Madsen

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Erik Person

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Dan Leikvold (2019–2021) — Board Member

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

First Interstate Bank — Trustee: $14KFirst Interstate BankTrustee$14K

The highest reported compensation on the 2025 filing was $14K, to First Interstate Bank (Trustee).

Frequently asked questions about Walter & Frances Green Charitable Trust

How much does Walter & Frances Green Charitable Trust give each year?

Walter & Frances Green Charitable Trust gave $61K across 40 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $56K across 36 grants.

What is Walter & Frances Green Charitable Trust's typical grant size?

Walter & Frances Green Charitable Trust's median grant in 2025 was $1,025, and its average grant was $1,518, across 40 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Walter & Frances Green Charitable Trust that year got $2K on average.

Where does Walter & Frances Green Charitable Trust give grants?

Walter & Frances Green Charitable Trust gives mostly in South Dakota: 82% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lead, SD (16 grants), Mitchell, SD (4 grants), Rapid City, SD (3 grants) and Sioux Falls, SD (3 grants).

Does Walter & Frances Green Charitable Trust give general operating support?

Not in 2025: none of the 40 grants with a stated purpose on Walter & Frances Green Charitable Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (20 grants) and "Program Support" (16 grants).

Who are Walter & Frances Green Charitable Trust's largest grantees?

Walter & Frances Green Charitable Trust's largest 2025 grantees include SD School of Mines and Technology ($5,000 across 2 grants), Southeast Technical Institute ($5,000 across 2 grants) and LDMS - Student Council ($4,000), according to its 2025 IRS Form 990-PF. It also paid 4 individual scholarships ($4,000), which are not listed by name. Together they received 23% of its itemized 2025 grant dollars.

How large is Walter & Frances Green Charitable Trust?

Walter & Frances Green Charitable Trust reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $66K in qualifying distributions that year, against a required minimum of $62K (roughly 5% of its investment assets).

What does Walter & Frances Green Charitable Trust fund?

No mission statement is provided. The 2025 grants included scholarships, student council and program support, and support for education-related and community organizations. See mission & focus areas ↑

How do I apply for a grant from Walter & Frances Green Charitable Trust?

Contact the Green Scholarship Committee and see the attached application form. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Walter & Frances Green Charitable Trust's EIN?

Walter & Frances Green Charitable Trust's EIN (Employer Identification Number) is 46-6096446. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 15, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 27, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  8. IRS filings on file for fiscal years 2019–2024

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Cite this profile

Grantable. (2026). Walter & Frances Green Charitable Trust funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/walter-and-frances-green-charitable-trust-morg_af0df96418734106a92ddeaace08a6d5

BibTeX
@misc{grantable_466096446_2026,
  author       = {{Grantable}},
  title        = {{Walter \& Frances Green Charitable Trust funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/walter-and-frances-green-charitable-trust-morg_af0df96418734106a92ddeaace08a6d5},
  note         = {Accessed 2026-10-13. 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 Walter & Frances Green Charitable Trust'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.

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