Whitney Benefits Inc
Whitney Benefits Inc. is a private foundation established in 1927 in Sheridan, Wyoming, through the bequest of Edward A. Whitney. The organization is a 501(c)(3) nonprofit corporation dedicated to supporting education and enriching the Sheridan community. Based at 145 N Connor Street, Suite 1, in Sheridan, the foundation operates with a commitment to fiduciary excellence and community stewardship.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$130.0M
+3.3% YoY
Annual Giving
$4.5M
-20.5% YoY
Grant Count
19
-5.0% YoY
Avg Grant Size
$237K
-16.4% YoY
Mission & Focus Areas
Whitney Benefits honors Edward A. Whitney's legacy by providing educational opportunities and enhancing quality of life for community members. The foundation's primary activities include:
- Educational Support: Investing in local educational institutions, with nearly $100 million granted to Sheridan College
- Interest-Free Student Loans: Providing student loans for qualified students
- Community Enrichment: Building and maintaining local parks and historical features, including Whitney Commons Park and the Sheridan Ice Rink, and establishing the Whitney Center
The foundation has educated thousands of youth through its various programs and initiatives.
Grantmaking
Whitney Benefits distributes grants across education, single organization support, and elementary and secondary schools, primarily within Wyoming.
Average Grant
amount varies by year
Review Cycle
September 1 for Fall funding (new loans), October 1 for Fall funding (current borrowers), and March 1 for Spring funding
How to Apply
available
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Geographic Focus
Where this funder awards grants
Whitney Benefits focuses its grantmaking and community support activities in Wyoming, with particular emphasis on Sheridan and the surrounding region.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (Fiscal Year 2025):
- Total assets: $130,041,783
- Total revenues: $5,171,260
- Total expenses: $5,737,516
- Total giving: $4,505,421
Revenue Breakdown (FY 2025):
- Investment income and dividends: $2,594,423
- Net gain from sale of non-inventory assets: $2,536,275
- Total grants and contributions: $11,010
- Net rental income: $15,042
- Miscellaneous revenues: $14,510
Prior Year Comparison (FY 2024):
- Total assets: $126,000,000
- Total revenues: $10,751,224
- Total expenses: $7,330,000
The foundation's revenue declined 51.9% year-over-year, primarily due to decreased gains from asset sales and miscellaneous revenues.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $130,041,783 | $125,875,039 | $119,138,754 |
| Revenue | $5,171,260 | $10,751,224 | $6,809,928 |
| Expenses | $5,737,516 | $7,327,849 | $6,157,007 |
| Qualifying Distributions | $6,625,597 | $7,770,876 | $6,984,871 |
| Net Investment Income | $4,542,364 | $9,800,589 | $5,304,408 |
| Distributable Amount | $7,295,815 | $6,822,424 | $6,906,598 |
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 2025
Grant Size Distribution
97 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Current Staff:
- Erin Kilbride, Executive Director
- Bobbie Beard, Controller
- David Sanders, Maintenance Coordinator
- Janet Barnes, Coordinator
The foundation operates with a board of trustees who serve without compensation, as specified in Edward A. Whitney's original will. The organization maintains a lean staffing model with zero listed employees in recent filings.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROY GARBER | PRESIDENT | 5 | — |
| TOM BELUS | VICE PRESIDE | 5 | — |
| STEPHEN HOLST | TREASURER | 5 | — |
| ROBERT PRUSAK | DIRECTOR | 2 | — |
| BRANDI BILYEU | DIRECTOR | 2 | — |
| NADINE GALE | SECRETARY | 5 | — |
| DAVID KINSKEY | DIRECTOR | 2 | — |
| MEGAN COOK | DIRECTOR | 2 | — |
| PAMELA PELDO | DIRECTOR | 2 | — |
| ERIN KILBRIDE | EXECUTIVE DI | 40 | $151,375 |
| EMERSON SCOTT | DIRECTOR | 2 | — |
| HEIDI RICHINS | DIRECTOR | 2 | — |
| DAVID SCHULTZ | DIRECTOR | 2 | — |
Recent News & Activity
Recent developments and announcements
Whitney Benefits has been recognized for fiduciary excellence and continues to partner with local school districts and industries to support educational and community development initiatives. The foundation maintains active engagement with Sheridan College and community organizations through its grant programs and loan offerings.
Whitney Benefits partners with school districts, local industries | LocalRelated Funders
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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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