Whitney Benefits Inc

SHERIDAN, WY EIN: 83-0168511 Website

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

-5.0% YoY

Avg Grant Size

$237K

-16.4% YoY

Under IRS private-foundation payout rules, Whitney Benefits Inc reported a distributable amount of $7.3M for 2025 — the minimum it must pay out in qualifying distributions.

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

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

Wyoming $26.5M (100%)

States

Wyoming

Cities

Sheridan

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.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Among its reported 2025 grants, the largest include Sheridan College ($2,130,610), Sheridan College ($300,000), Sheridan College ($284,000).

Recipient	Purpose	Amount
SHERIDAN COLLEGE SHERIDAN, WY	ASSIST - CENTENNIAL HOUSING	$284,000
SHERIDAN COLLEGE SHERIDAN, WY	ASSIST - AGRICULTURAL PROGRAM	$225,000
SHERIDAN COLLEGE SHERIDAN, WY	ASSIST - FACULTY MACHINE TOOL	$100,000
SHERIDAN COLLEGE SHERIDAN, WY	ASSIST - FACULTY WELDING	$100,000
SHERIDAN COLLEGE SHERIDAN, WY	ASSIST - FACULTY DIESEL TECHNOLOGY	$100,000
SHERIDAN COLLEGE SHERIDAN, WY	ASSIST - FACULTY GENERAL ARTS/VISUAL	$100,000
SHERIDAN COLLEGE SHERIDAN, WY	ASSIST - CNA PROGRAM	$50,000
SHERIDAN COLLEGE SHERIDAN, WY	ASSIST - MUSIC/MUSIC RECRUITING	$170,000
SHERIDAN COLLEGE SHERIDAN, WY	ASSIST - MARKETING PROGRAM	$140,000
SHERIDAN COLLEGE SHERIDAN, WY	ASSIST - RECRUTING PROGRAM	$90,000

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 | Local

Frequently Asked Questions

What does Whitney Benefits Inc fund?

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 Whit…

How do I apply for a grant from Whitney Benefits Inc?

Whitney Benefits distributes grants across education, single organization support, and elementary and secondary schools, primarily within Wyoming. **Grant Characteristics:** • Typical award range: $1,001 to $2,131,210 • Average grant amount varies by year • Total giving in fiscal year 2025: $4,505,421 **Student Loan Program:** • Application deadlines: September 1 for Fall funding (new loans), October 1 for Fall funding (current borrowers), and March 1 for Spring funding • Online application pro…

Where does Whitney Benefits Inc make grants?

Whitney Benefits focuses its grantmaking and community support activities in Wyoming, with particular emphasis on Sheridan and the surrounding region.

What size grants does Whitney Benefits Inc award?

In 2025, Whitney Benefits Inc awarded 19 grants totaling $4.5M — an average of about $237K per grant, based on its IRS Form 990 filings.

How much is Whitney Benefits Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Whitney Benefits Inc reported a distributable amount of $7.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.