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Carlson Music Scholarship Fund is a private trust based in BILLINGS, MT. The foundation received its IRS ruling in 2003. The principal officer is First Interstate Bank. It holds total assets of $530K. Annual income is reported at $196K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Montana. According to available records, Carlson Music Scholarship Fund has made 16 grants totaling $126K, with a median grant of $9K. The foundation has distributed between $30K and $66K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $66K distributed across 8 grants. Individual grants have ranged from $3K to $10K, with an average award of $8K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Montana. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$9K
Average Grant
$8K
Largest Grant
$9K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Carlson Music Scholarship Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MT.
Carlson Music Scholarship Fund has distributed a total of $126K across 16 grants. The median grant size is $9K, with an average of $8K. Individual grants have ranged from $3K to $10K.
Carlson Music Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Carlson Music Scholarship Fund is headquartered in BILLINGS, MT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Interstate Bank | TRUSTEE | $7K | $0 | $7K |
Total Giving
$39K
Total Assets
$533K
Fair Market Value
$614K
Net Worth
$533K
Grants Paid
$30K
Contributions
N/A
Net Investment Income
$20K
Distribution Amount
$29K
Total Grants
16
Total Giving
$126K
Average Grant
$8K
Median Grant
$9K
Unique Recipients
4
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Providence EndowmentEDUCATIONAL SCHOLARSHIP | Great Falls, MT | $9K | 2023 |
| Montana State University FoundationEDUCATIONAL SCHOLARSHIP | Bozeman, MT | $9K | 2023 |
| University Of Montana FoundationEDUCATIONAL SCHOLARSHIP | Missoula, MT | $9K | 2023 |
| Great Falls SymphonyEDUCATIONAL SCHOLARSHIP | Great Falls, MT | $3K | 2023 |