Funder DirectoryTHE SPENCE FAMILY FOUNDATION
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Private foundation (trust)EIN 043619122Est. 2002-05

THE SPENCE FAMILY FOUNDATION

BILLINGS, MT 59106

Accepts unsolicited proposals

Total Assets

$2.2M

FY 2023

Annual Giving

$30K

FY 2023

Grants Made

2

FY 2023

Avg Grant

$15K

FY 2023

Grant Range

$10K–$20K

Typical

Deadlines

Contact foundation

Applications

Programs & Activities

Program 1

$20K

Support of various 501(c)(3) organizations

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$133K

Total Expenses

$37K

Qualifying Distributions

$30K

Distributable Amount

$102K

Min. Investment Return

$103K

Undistributed Income

$102K

Payout rate 29%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.29%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

6 years

Giving over time from 2017 to 2023. Peak $200K in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

11 grants

BILLINGS COMMUNITY FOUNDATION
$314K
4 grants
ROCKY MOUNTAIN COLLEGE
$65K
4 grants
AMANI FOR AFRICA USA FOUNDATION
$36K
3 grants

Grant Size Distribution

11 grants

<$10K
6
grants
$10–50K
3
grants
$50–250K
2
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

Montana
$394K
95% of total
Tennessee
$21K
5% of total

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THE SPENCE FAMILY FOUNDATION — Grants, Financials & Contact | Grantivo