Browning Kimball Foundation
The Browning Kimball Foundation is a private foundation based in Oklahoma City, Oklahoma, established in 1981. As a 501(c)(3) organization, it operates as a philanthropic grantmaker supporting diverse initiatives across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$29.3M
+6.8% YoY
Annual Giving
$964K
-4.8% YoY
Grant Count
30
-33.3% YoY
Avg Grant Size
$32K
+42.9% YoY
Mission & Focus Areas
The foundation seeks to enhance the quality of life in Montana through the promotion of sustainable agriculture and the well-being of youth and families.
Primary funding focus areas include:
- Arts and culture
- Museums
- Education
- Health and mental health care
- Diseases and conditions
- Human services
- Family services
- Child welfare
Grantmaking
The foundation does not accept applications.
Grant Range
$1,000-$336,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation supports projects across multiple states, with particular emphasis on:
- Montana (primary focus)
- Oklahoma
- Pennsylvania
Additional states receiving support include Alabama, Arizona, California, Florida, Illinois, Texas, and Washington.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $27.4-$29.3 million
- Total Revenue: $1.47-$1.6 million
- Total Expenses: $1.28-$1.29 million
- Total Liabilities: $0
Revenue Composition (2024):
- Investment income and dividends: $807,449
- Net gain from sale of non-inventory assets: $791,084
Historical Assets:
- 2023: $25.3-$27.4 million
- 2022: $30.3 million
- 2021: $26.7 million
- 2020: $24.6 million
The foundation has maintained relatively stable assets and consistent annual giving levels over the past five years.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $29,310,955 | $27,443,496 | $25,310,223 |
| Revenue | $1,598,533 | $1,466,547 | $1,759,225 |
| Expenses | $1,283,229 | $1,289,278 | $1,453,903 |
| Qualifying Distributions | $1,148,608 | $1,180,244 | $1,286,366 |
| Net Investment Income | $1,479,912 | $1,361,318 | $1,648,688 |
| Distributable Amount | $1,377,007 | $1,280,138 | $1,346,441 |
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 2024
Grant Size Distribution
225 grants across all recorded years
Open Grants
1 open opportunity from Browning Kimball Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a team of uncompensated directors:
- Barbara Cowan
- Michelle Cowan
- William Cowan (President)
- William B. Cowan
- Brett Huestis
- Lisa Cowan Huestis
The foundation is managed by Foundation Management Inc., based in Oklahoma City.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARBARA COWAN | DIRECTOR | — | — |
| MICHELLE COWAN | DIRECTOR | — | — |
| WILLIAM COWAN | DIRECTOR | — | — |
| WILLIAM B COWAN | PRESIDENT | — | — |
| BRETT HUESTIS | DIRECTOR | — | — |
| LISA COWAN HUESTIS | DIRECTOR | — | — |
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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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