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Homestead Foundation Inc. is a private corporation based in LIVINGSTON, MT. The foundation received its IRS ruling in 2003. The principal officer is John Sullivan. It holds total assets of $1.9M. Annual income is reported at $798K. Total assets have grown from $1.1M in 2011 to $1.9M in 2024. The foundation is governed by 4 officers and trustees. Contributions to various philanthropic organizations. Total of 54 organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Montana. According to available records, Homestead Foundation Inc. has made 147 grants totaling $502K, with a median grant of $1K. Annual giving has grown from $72K in 2021 to $136K in 2023. Grantmaking activity was highest in 2022 with $294K distributed across 74 grants. Individual grants have ranged from $300 to $76K, with an average award of $3K. The foundation has supported 62 unique organizations. The foundation primarily supports organizations in Montana, Wyoming, Virginia, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$300
Median Grant
$600
Average Grant
$1K
Largest Grant
$10K
Based on 54 grants from the most recent 990-PF filing.
Contributions to various philanthropic organizations. Total of 54 organizations.
Expenses: $72K
Contributions to various philanthropic organizations. Total of 54 organizations. Based on available records, the foundation has funded 147 grants. Its grantmaking reaches organizations primarily in MT, WY, VA.
Homestead Foundation Inc. has distributed a total of $502K across 147 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from $300 to $76K.
Homestead Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Homestead Foundation Inc. is headquartered in LIVINGSTON, MT. While based in MT, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Meredith Key Sullivan | VICE PRESIDENT | $0 | $0 | N/A |
| Mike Waters | DIRECTOR | $0 | $0 | N/A |
| Steve Woodruff | DIRECTOR | $0 | $0 | N/A |
| John Sullivan | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.9M
Fair Market Value
N/A
Net Worth
$1.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
147
Total Giving
$502K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
62
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Livingston Healthcare FoundationPHILANTHROPIC PURPOSE | Livingston, MT | $50K | 2023 |
| Eagle Mount Of BozemanPHILANTHROPIC PURPOSES | Bozeman, MT | $26K | 2023 |
| Montana History FoundationPHILANTHROPIC PURPOSES | Helena, MT | $20K | 2023 |
| Buffalo Bill Center Of The WestPHILANTHROPIC PURPOSE | Cody, WY | $10K | 2023 |
| Livingston Depot FoundationPHILANTHROPIC PURPOSES | Livingston, MT | $10K | 2023 |
| Sweet Briar CollegePHILANTHROPIC PURPOSE | Sweet Briar, VA | $3K | 2023 |
| Northernlights Parkcity Of Froid MtPHILANTHROPIC PURPOSE | Froid, MT | $3K | 2023 |
| Livingston CounterpointPHILANTHROPIC PURPOSES | Livingston, MT | $2K | 2023 |
| Friends Of The Yellowstone Public RadioPHILANTHROPIC PURPOSE | Billings, MT | $2K | 2023 |
| Flathead Lake Biological StationsPHILANTHROPIC PURPOSES | Polson, MT | $2K | 2023 |
| Bigfork Summer PlayhousePHILANTHROPIC PURPOSES | Bigfork, MT | $1K | 2023 |
| Preserve MontanaPHILANTHROPIC PURPOSES | Helena, MT | $1K | 2023 |
| Carroll CollegePHILANTHROPIC PURPOSE | Helena, MT | $1K | 2023 |
| Loaves And Fishes Of LivingstonPHILANTHROPIC PURPOSES | Livingston, MT | $1K | 2023 |
| Livingston Food ResourcePHILANTHROPIC PURPOSE | Livingston, MT | $1K | 2023 |
| Friends Of Yellowstone Gateway MuseumPHILANTHROPIC PURPOSES | Livingston, MT | $1K | 2023 |
| County Cupboard IncPHILANTHROPIC PURPOSE | Culbertson, MT | $1K | 2023 |
| Bigfork Art And Cultural CenterPHILANTHROPIC PURPOSES | Bigfork, MT | $500 | 2023 |
| Yellowstone Ballet CompanyPHILANTHROPIC PURPOSE | Livingston, MT | $500 | 2023 |
| Shane Lalani Center For The ArtsPHILANTHROPIC PURPOSES | Livingston, MT | $8K | 2022 |
| Mayo ClinicPHILANTHROPIC PURPOSES | Rochester, MN | $3K | 2022 |
| St Mary'S Catholic School Scholarship FundPHILANTHROPIC PURPOSES | Livingston, MT | $2K | 2022 |
| Range Riders MuseumPHILANTHROPIC PURPOSE | Miles City, MT | $1K | 2022 |
| Montana Newspaper Foundation IncPHILANTHROPIC PURPOSE | Helena, MT | $1K | 2022 |