Browning Kimball Foundation

OKLAHOMA CITY, OK EIN: 94-2766079

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

Under IRS private-foundation payout rules, Browning Kimball Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.

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

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

12states
+4 more states

Cities

AmarilloAnacondaArdmoreAuburnBig SandyBigforkBox ElderBozemanBryanChandlerChinookCityColumbusDenverDillonElderElder TownshipFallsGildfordGreat Falls

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$855K$2M$3M$3M20202021202220232024
Metric202420232022
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

$0$281K$562K$843K$1M53 grants202056 grants202167 grants202245 grants202330 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CM RUSSELL MUSEUM$250KFRIENDS OF THE POOL & PA…$100KFRIENDS OF BEAVER CREEK …$78KPRODUCERS PARTNERSHIP INC$50KSPECIAL K RANCH$47KWESTERN SUSTAINABILITY E…$35KMONTANA STATE UNIVERSITY…$32KAWARE$30KBEAR PAW VOLUNTEER FIRE …$30KNEIGHBORHOOD HOUSING SER…$25K

Grant Size Distribution

225 grants across all recorded years

213<$50K6$50–100K1$100–250K5$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Browning Kimball Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cm Russell Museum ($250,000), Friends of the Pool & Park Foundati ($100,000), Friends of Beaver Creek Park Inc ($78,000).

RecipientPurposeAmount
ALLIANCE FOR YOUTH INC GREAT FALLS, MTYOUTH RESOURCE CENTER$20,000
AWARE ANACONDA, MTGENERAL OPERATIONS SUPPORT$30,000
BEAR PAW VOLUNTEER FIRE DEPT HAVRE, MTIN SUPPORT OF CHALLENGE GRANT FOR A$30,000
BOYS & GIRLS CLUB OF LEWISTOWN LEWISTOWN, MTEXEMPT PURPOSE$5,000
BOYS & GIRLS CLUB OF THE HI-LINE HAVRE, MTHEALTH AND LIFE SKILLS PROGRAM$21,000
CM RUSSELL MUSEUM GREAT FALLS, MTBROWNING FIREARMS EXHIBIT$250,000
CASA-CAN GREAT FALLS, MTUNRESTRICTED SUPPORT$15,000
FRIENDS OF BEAVER CREEK PARK INC HAVRE, MTEXEMPT PURPOSE$78,000
FRIENDS OF THE POOL & PARK FOUNDATI CHINOOK, MTEXEMPT PURPOSE$100,000
GOLDEN CIRCLE OF CHAMPIONS SANTA MARIA, CAUNRESTRICTED SUPPORT$3,000

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

NameTitleHoursCompensation
BARBARA COWANDIRECTOR
MICHELLE COWANDIRECTOR
WILLIAM COWANDIRECTOR
WILLIAM B COWANPRESIDENT
BRETT HUESTISDIRECTOR
LISA COWAN HUESTISDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Browning Kimball Foundation fund?

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

How do I apply for a grant from Browning Kimball Foundation?

**Grant Activity:** • Made 45-53 grants annually in recent years • Total giving: approximately $964,000-$1.0 million annually • Grant range: $1,000-$336,000 • Median grant: $10,000-$14,000 **Recent Grant Recipients (2023-2024):** • CM Russell Museum - $336,000 (Browning Firearms Exhibit) • Friends of Beaver Creek Park Incorporated - $78,000 • Producers Partnership - $50,000 • Western Sustainability Exchange - $35,000 (Regenerative Ranching Program) • Special K Ranch - $46,000 (Tuition Support) …

Where does Browning Kimball Foundation make 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.

What size grants does Browning Kimball Foundation award?

In 2024, Browning Kimball Foundation awarded 30 grants totaling $964K — an average of about $32K per grant, based on its IRS Form 990 filings.

How much is Browning Kimball Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Browning Kimball Foundation reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Browning Kimball Foundation's EIN?

Browning Kimball Foundation's EIN (Employer Identification Number) is 94-2766079. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Browning Kimball Foundation's focus areas in our free grants database

Related Funders

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

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