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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 20-4286919

Billings Community Foundation

BILLINGS, MTFounded 2006Website

mission statement

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.

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Total Revenue

$1.3M

FY 2023

Program Spending

89.6%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2023)

The Numbers

$10.4M

Total Assets

$9.9M net

107.92 mo

Operating Reserves

FY 2023

Active Programs

FY 2023

Total Employees

FY 2023

Funding Track Record

Backed by 24 Institutional Funders

$1.2M raised across 59 grants (2019–2024 filings)

Funder Geography

Funders across 10 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Harry L Willett Foundation C O Boyd Ryan	LITTLETON, CO	$322,000
The Spence Family Foundation	BILLINGS, MT	$305,000
Montana Community Foundation Inc	HELENA, MT	$138,555
Dan and Jeanne Scott Family Foundation	Billings, MT	$65,000
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$58,109
Gs Donor Advised Philanthropy Fund for Wealth Management Inc	NEW YORK, NY	$50,000
Family Promise of Yellowstone Valley	BILLINGS, MT	$34,969
American Online Giving Foundation Inc	NEWARK, DE	$29,750
The Bloomberg Family Foundation Inc	NEW YORK, NY	$25,000
M J Murdock Charitable Trust	VANCOUVER, WA	$21,000

Total tracked: $1,179,101 across 59 grants (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2023)

What They Do

$769K in expenses

Grantmaking:the foundation administers the receipt of charitable assets through a variety of charitable giving tools, such as donor advised funds, permanent endowments, charitable gift annuities, charitable remainder trusts, and charitable lead trusts, for the purpose of making grants to various nonprofits. Distributions are made in compliance with the uniform prudent management of institutional funds ACT of montana.

$213K in expenses

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.

Financial History