BILLINGS, MT
Bair Ranch Foundation
Quick Facts
- EIN
- 810108184
- Location
- BILLINGS, MT
- Category
- Education
- Total Assets
- $56.9M
- Annual Income
- $14.2M
- IRS Ruling Year
- 1998
- Organization Type
- Corporation
- Principal Officer
- % Anderson Zurmuehlen
- Tax Deductibility
- Contributions are deductible
About This Foundation
Bair Ranch Foundation is a private corporation based in BILLINGS, MT. The foundation received its IRS ruling in 1998. The principal officer is % Anderson Zurmuehlen. It holds total assets of $56.9M. Annual income is reported at $14.2M. The foundation operates in the area of education. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$5M
2023+8%
Total Assets
$58.3M
2023-2%
Fair Market Value
$107.5M
2023
Net Worth
$58.3M
2023
Grants Paid
$2.2M
2023
Contributions
$0
2023
Net Investment Income
$1.5M
2023
Distribution Amount
$2.9M
2023
Total Giving by Year
$3.9M
11$4.3M
12$4.5M
13$4.3M
14$4.8M
15$4.4M
19$4.4M
20$5M
21$4.7M
22$5M
23Asset Growth
$45.7M
11$47.8M
12$53.6M
13$57M
14$60.1M
15$59.2M
19$57.8M
20$61.7M
21$59.6M
22$58.3M
23Investment Portfolio (2023)
Total: $52.6M
Corporate Stock: $30.5M
Corporate Bonds: $5.8M
Government Obligations: $16.3M
Other Investments: $4K
Cash: $158K
Corporate Stock (58%)
Corporate Bonds (11%)
Government Obligations (31%)
Other Investments (0%)
Cash (0%)
Expense Breakdown (2023)
Grants Paid$2.2M
Officer Compensation$211K
Depreciation$103K
Accounting Fees$31K
Legal Fees$3K
Revenue Sources (2023)
- Dividends
- $1.8M
- Business Profits
- $1.7M
- Capital Gains (Net)
- $220K
- Other Income
- $50K
Financial Details (2023)
- Total Revenue
- $3.8M
- Total Expenses
- $5M
- Exempt Purpose Expenses
- $2.7M
- Required Distribution
- $2.9M
- Undistributed Income
- $0
- Total Liabilities
- $1
- Excise Tax
- $20K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
9
Total Giving
$6.8M
Average Grant
$757K
Median Grant
$1M
Total Giving by Year
$2.5M (3 grants)
21$2.1M (3 grants)
22$2.2M (3 grants)
23Grant Range
Min$110K
Max$1.1M
Median: $1M
Smallest grantLargest grant
Openness to New Grantees (2023)
0%
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
MT: $6.8M (9)
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
MT$6.8M (9)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Charles M Bair Family TrustPASS THROUGH TO CHARITIES FOR GEN OPERATING | Billings, MT | $1.1M | 2023 |
| Charles M Bair Memorial TrustPASS THROUGH TO CHARITIES FOR GEN OPER & SCHOLARSHIPS | Billings, MT | $1.1M | 2023 |
| Montana State University Office Of Sponsored ProgramsAGRICULTURAL RESEARCH | Bozeman, MT | $118K | 2023 |
| Charles M Bair Family TrustPASS THROUGH TO CHARITIES FOR GEN OPERATING | Billings, MT | $1M | 2022 |
| Charles M Bair Memorial TrustPASS THROUGH TO CHARITIES FOR GEN OPER & SCHOLARSHIPS | Billings, MT | $1M | 2022 |
| Montana State University Office Of Sponsored ProgramsAGRICULTURAL RESEARCH | Bozeman, MT | $110K | 2022 |
| Charles M Bair Family TrustPASS THROUGH TO CHARITIES FOR GEN OPERATING | Billings, MT | $1.1M | 2021 |
| Charles M Bair Memorial TrustPASS THROUGH TO CHARITIES FOR GEN OPER & SCHOLARSHIPS | Billings, MT | $1.1M | 2021 |
| Montana State University Office Of Sponsored ProgramsAGRICULTURAL RESEARCH | Bozeman, MT | $285K | 2021 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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