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Nance Family Foundation Inc. is a private corporation based in BILLINGS, MT. The foundation received its IRS ruling in 2008. The principal officer is Penelope Nance. It holds total assets of $1.8M. Annual income is reported at $1.8M. Total assets have decreased from $2.3M in 2011 to $1.4M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2023. According to available records, Nance Family Foundation Inc. has made 6 grants totaling $338K, with a median grant of $79K. The foundation has distributed between $77K and $180K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $180K distributed across 4 grants. Individual grants have ranged from $10K to $81K, with an average award of $56K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Montana. Contributions to this foundation are tax-deductible.
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.
Nance Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MT.
Nance Family Foundation Inc. has distributed a total of $338K across 6 grants. The median grant size is $79K, with an average of $56K. Individual grants have ranged from $10K to $81K.
The application deadline is CONTACT FOUNDATION. Contact foundation.
Nance Family Foundation Inc. is headquartered in BILLINGS, MT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Amy Nance-Cebull | SECRETARY/TREASURER | $0 | $0 | N/A |
| Robert Nance | VICE PRESIDENT | $0 | $0 | N/A |
| Penelope Nance | PRESIDENT | $0 | $0 | N/A |
Total Giving
$97K
Total Assets
$1.4M
Fair Market Value
$1.5M
Net Worth
$1.4M
Grants Paid
$81K
Contributions
N/A
Net Investment Income
$76K
Distribution Amount
$77K
Total Grants
6
Total Giving
$338K
Average Grant
$56K
Median Grant
$79K
Unique Recipients
2
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Billings Clinic FoundationsPHILANTHROPIC PURPOSES | Billings, MT | $81K | 2023 |
| Tumbleweed Runaway ProgramPHILANTHROPIC PURPOSES | Billings, MT | $10K | 2022 |