Billings Community Foundation

BILLINGS, MT EIN: 20-4286919 Website

TO ENHANCE THE CAPACITY OF DONORS AND CHARITABLE ORGANIZATIONS TO MEET THE NEEDS OF THE GREATER BILLINGS COMMUNITY. WE MANAGE ENDOWMENT FUNDS FOR COMMUNITY 501 (C)(3) ORGANIZATIONS IN THE GREATER BILLINGS, MT AREA. BILLINGS COMMUNITY FOUNDATION HAS OVER 50 FUNDS FOR CHARITIES.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$10.4M

+12.7% YoY

Annual Giving

$320K

+90.7% YoY

Grant Count

15

+7.1% YoY

Avg Grant Size

$21K

+78.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$588K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$10,409,121$9,235,183$7,484,223
Revenue$1,297,674$2,138,765$1,876,209
Expenses$1,096,635$1,027,071$895,325
Qualifying Distributions
Net Investment Income$289,355$238,486$371,921
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$95K$190K$285K$380K16 grants202021 grants20219 grants202214 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MURYL AND LU MYHRE FOUND…$104KMATTHEWS-DOUSMAN MEMORIA…$49KNATALIE A DIETRICH SCHOL…$28KWYOLA DEVELOPMENT FUND$21KSUBSTANCE ABUSE CONNECT$20KFRANK AND MARGO KELLEY DAF$17KJAMES WRIGHTSON EDUCATIO…$15KYELLOWSTONE RIVER PARKS …$15KVARELA FAMILY FUND DAF$10KSTILLWATER HISTORICAL SO…$9K

Grant Size Distribution

75 grants across all recorded years

68<$50K5$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Billings Community Foundation fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ZACHARY TERAKEDISEXECUTIVE DIRECTOR$22K

From 2024 filing

NameTitleHoursCompensation
LORI BYRONSECRETARY2
MARY WALKS OVER ICEDIRECTOR2
MIKE PHILLIPSDIRECTOR2
JOY CULVERTREASURER15
JACK NICKELSDIRECTOR3
LISA OLMSTEDPRESIDENT1
CAROLYN SEVIERVICE PRESIDENT3
TIM LEHMANDIRECTOR1
MATTHEW SCHAFERDIRECTOR1
TYSON DYEDIRECTOR1
ZACHARY TERAKEDISEXECUTIVE DIRECTOR20$22,386

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

BillingBillingsBozemanColumbusCorningCrow AgencyGreat FallsHelenaJolietLewistownMissoulaNormandy ParkOgdensburgWyola

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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