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First Interstate Bancsystem Foundation Inc. is a private corporation based in BILLINGS, MT. The foundation received its IRS ruling in 1991. It holds total assets of $20.3M. Annual income is reported at $12.1M. Total assets have grown from $1.6M in 2011 to $23M in 2023. The foundation is governed by 13 officers and trustees. Tax records are available from 2020 to 2023. Funding is distributed across 4 states, including Montana, Wyoming, South Dakota. According to available records, First Interstate Bancsystem Foundation Inc. has made 3,675 grants totaling $15.1M, with a median grant of $1K. Annual giving has grown from $3M in 2021 to $12.1M in 2022. Individual grants have ranged from N/A to $103K, with an average award of $4K. The foundation has supported 1,766 unique organizations. The foundation primarily supports organizations in Montana, South Dakota, Wyoming, which account for 55% of all grants. Grantmaking reaches organizations across 25 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$1K
Average Grant
$4K
Largest Grant
$103K
Based on 1,375 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.
First Interstate Bancsystem Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3,675 grants. Its grantmaking reaches organizations primarily in MT, SD, WY.
First Interstate Bancsystem Foundation Inc. has distributed a total of $15.1M across 3,675 grants. The median grant size is $1K, with an average of $4K. Individual grants have ranged from N/A to $103K.
The application deadline is Refer to Foundation website for online application.. The grants are intended to serve the communities of interest to First Interstate Bank.
First Interstate Bancsystem Foundation Inc. is headquartered in BILLINGS, MT. While based in MT, the foundation distributes grants to organizations across 25 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Amberly Pahut | Executive Director | $0 | $0 | N/A |
| James R Scott | Director | $0 | $0 | N/A |
| Marcy Mutch | Director | $0 | $0 | N/A |
| Kevin Riley | Director | $0 | $0 | N/A |
| Jodi Delahunt Hubbell | Director | $0 | $0 | N/A |
| Phil Gaglia | Director | $0 | $0 | N/A |
| Kirk Jensen | Director | $0 | $0 | N/A |
| Rachel Turitto | Director | $0 | $0 | N/A |
| Russ Lee | Director | $0 | $0 | N/A |
| Julie Scott Rose | Director | $0 | $0 | N/A |
| Joyce Phillips | Director | $0 | $0 | N/A |
| Thomas Henning | Director | $0 | $0 | N/A |
| Ashley Hayslip | Director- as of Dec 2022 | $0 | $0 | N/A |
Total Giving
$6.2M
Total Assets
$23M
Fair Market Value
$24.5M
Net Worth
$23M
Grants Paid
$6M
Contributions
$3.7M
Net Investment Income
$742K
Distribution Amount
$1.2M
Total: $16.5M
Total Grants
3,675
Total Giving
$15.1M
Average Grant
$4K
Median Grant
$1K
Unique Recipients
1,766
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| NewhouseGeneral Operating Support | Kansas City, MO | $32K | 2022 |
| Special Olympics MontanaGeneral Operating Support | Great Falls, MT | $103K | 2022 |
| Cobre Valley HospitalGeneral Operating Support | Globe, AZ | $75K | 2022 |
| Ywca Of BillingsGeneral Operating Support | Billings, MT | $71K | 2022 |
| Montana Food Bank NetworkGeneral Operating Support | Missoula, MT | $59K | 2022 |
| Whitefish Community FoundationGeneral Operating Support | Whitefish, MT | $54K | 2022 |
| Rural America InitiativeGeneral Operating Support | Rapid City, SD | $50K | 2022 |
| Native American Community Development CorporationGeneral Operating Support | Browning, MT | $50K | 2022 |
| Feeding South DakotaGeneral Operating Support | Sioux Falls, SD | $48K | 2022 |
| Community Leadership And Development Inc (Cldi)General Operating Support | Billings, MT | $44K | 2022 |
| Four Bands Community FundGeneral Operating Support | Eagle Butte, SD | $40K | 2022 |
| Montana Rescue MissionGeneral Operating Support | Billings, MT | $38K | 2022 |
| E4e ReliefGeneral Operating Support | Charlotte, NC | $37K | 2022 |
| Helena Food ShareGeneral Operating Support | Helena, MT | $35K | 2022 |
| The Giving Plate IncGeneral Operating Support | Bend, OR | $34K | 2022 |
| United Way Of Treasure ValleyGeneral Operating Support | Boise, ID | $34K | 2022 |
| Rocky Mountain CollegeGeneral Operating Support | Billings, MT | $32K | 2022 |
| Network For Teaching EntrepreneurshipGeneral Operating Support | New York, NY | $32K | 2022 |
| Wyoming Food For Thought ProjectGeneral Operating Support | Casper, WY | $31K | 2022 |
| Boulder County Rsvp Bourd Inc Dba CultivateGeneral Operating Support | Boulder, CO | $30K | 2022 |
| The Hope Center For KidsGeneral Operating Support | Omaha, NE | $30K | 2022 |
| Rapid City Regional Hospital FoundationGeneral Operating Support | Rapid City, SD | $30K | 2022 |
| Leadership WyomingGeneral Operating Support | Lander, WY | $30K | 2022 |
| Montana State University FoundationGeneral Operating Support | Bozeman, MT | $29K | 2022 |
| United Way Of The Black HillsGeneral Operating Support | Rapid City, SD | $29K | 2022 |