NonprofitsBillings Community Foundation

Billings Community Foundation

BILLINGS, MT

Total revenue

$1.3M

Total expenses

$1.1M

Net assets

$9.9M

Grants received

$1.3M

58 grants

EIN

204286919

Tax year

2023

Mission

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. We connect donors with nonprofit organizations by creating advised funds channeling donations from donors to charities. We also fiscally sponsor organizations that are not 501(c)(3) but have charitable missions and causes.

Programs

1 program

Yellowstone valley gives:host 2-day community event to raise online donations for 100 separate community nonprofits in yellowstone valley through at annual day of giving. Includes pre-event training for nonprofit leaders on fundraising, marketing, and donor engagement best practices.community leadership:provide networking and education events for local non-profits and donors; offer equipped office and desk spaces for temporary or monthly rental; provide conference room and event space for community gatherings.

Expenses: $213K

Financials

FY 2023

Revenue

Contributions & grants$937K
Program service revenue$23K
Investment income$289K
Other revenue$48K
Total revenue$1.3M

Expenses

Grants paid$769K
Salaries & benefits$117K
Fundraising$18K
Other expenses$211K
Total expenses$1.1M
Total assets$10.4M
Net assets$9.9M

People

11 listed

NameRoleCompensation

ZACHARY TERAKEDIS

EXECUTIVE DIRECTOR

Board

$22K

20 hrs/wk

MARY WALKS OVER ICE

DIRECTOR

Board

2 hrs/wk

MIKE PHILLIPS

DIRECTOR

Board

2 hrs/wk

JOY CULVER

TREASURER

Board

15 hrs/wk

JACK NICKELS

DIRECTOR

Board

3 hrs/wk

LORI BYRON

SECRETARY

Board

2 hrs/wk

CAROLYN SEVIER

VICE PRESIDENT

Board

3 hrs/wk

TIM LEHMAN

DIRECTOR

Board

1 hrs/wk

MATTHEW SCHAFER

DIRECTOR

Board

1 hrs/wk

TYSON DYE

DIRECTOR

Board

1 hrs/wk

LISA OLMSTED

PRESIDENT

Board

1 hrs/wk

Grants received

Showing 58 of 58

FromAmountPurposeYear
$20K
PRESIDENT'S PARTNERSHIP FUND - PROJECT SUPPORT
2024
$1K
GENERAL OPERATIONS
2024
$26K
ANNUAL DISTRIBUTION
2023
$25K
WYOLA SCHOOL PROJECTS
2023
$18K
For grant recipient's exempt purposes
2023
$10K
PROGRAM SUPPORT
2023
$10K
SUBSTANCE ABUSE PROGRAMS
2023
$5K
GENERAL
2023
$4K
COMMUNITY SUPPORT
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$1K
GENERAL OPERATIONS
2023
$1K
CAPITAL CAMPAIGN FOR BUILDING
2023
$353
General Operating Support
2023
$250
PROGRAM/OPERATING SUPPORT
2023
$50K
COMMUNITY & HUMAN SERVICES
2022
$40K
WYOLA SCHOOL PROJECT
2022
$35K
ENDOWMENT INVESTMENT
2022
$26K
ANNUAL DISTRIBUTION
2022
$8K
For grant recipient's exempt purposes
2022
$1K
CAPITAL CAMPAIGN FOR BUILDING
2022
$1K
GENERAL OPERATIONS
2022
$50K
Operating Support
2021
$35K
WYOLA SCHOOL PROJECT
2021
$26K
2021 ANNUAL DISTRIBUTION
2021
$5K
PHILANTHROPIC PURPOSES
2021
$3K
Operational Support
2021
$2K
FOR BENEFIT OF MONTANA AUDUBON CEC ENDOWMENT
2021
$1K
GENERAL OPERATIONS
2021
$200K
PHILANTHROPIC PURPOSES
2020
$90K
WYOLA SCHOOL PROJECT
2020
$25K
2020 ANNUAL DISTRIBUTION
2020
$21K
NEW EXECUTIVE DIRECTOR
2020
$15K
Copper Ridge Playground Project
2020
$11K
For grant recipient's exempt purposes
2020
$10K
Operational Support
2020
$1K
GENERAL OPERATIONS
2020
$100K
PHILANTHROPIC PURPOSES
2019
$35K
2019 ANNUAL DISTRIBUTION; BILLINGS COMMUNITY FOUNDATION OPERATING SUPPORT; REMAINING BALANCE
2019
$22K
For grant recipient's exempt purposes
2019
$52K
For grant recipient's exempt purposes
2018
$3K
GENERAL OPERATIONS
2018
$250
PROGRAM/OPERATING SUPPORT
2018
$126K
WYOLA SCHOOL DISTRICT PROJECT
2017
$9K
PHILANTHROPIC PURPOSES
2017
$7K
2017 ANNUAL DISTRIBUTION; UNRESTRICTED OR OPERATING SUPPORT
2017
$7K
2017 ANNUAL DISTRIBUTION; UNRESTRICTED OR OPERATING SUPPORT
2017

Funded by

$1.3M from 21 funders · 58 grants · 2017–2024

Harry L Willett Foundation C O Boyd Ryan

$448K · 12 grants · 2017–2023

The Spence Family Foundation

$314K · 4 grants · 2017–2021

Montana Community Foundation Inc

$152K · 7 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$110K · 5 grants · 2018–2023

Dan & Jeanne Scott Family Foundation

$65K · 2 grants · 2020–2021

Gs Donor Advised Philanthropy Fund

$50K · 1 grant · 2022

Details

EIN204286919
Subsection03
Ruling date2007-01
Formed2006
Employees2
Volunteers12
BILLINGS COMMUNITY FOUNDATION — Mission, Financials & Grants Received | Grantivo