BOZEMAN, MT

Randy And Meredith Scully Foundation Inc.

Also known as: FOUNDATION INC

Quick Facts

EIN: 834065825
Location: BOZEMAN, MT
Phone: (914) 450-8803
Category: Education
Total Assets: $4.5M
Annual Income: $467K
IRS Ruling Year: 2020
Organization Type: Operating Foundation
Tax Deductibility: Contributions are deductible

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About This Foundation

Randy And Meredith Scully Foundation Inc. is a private corporation based in BOZEMAN, MT. The foundation received its IRS ruling in 2020. It holds total assets of $4.5M. Annual income is reported at $467K. CONTRIBUTIONS TO COTTONWOOD DAY SCHOOL, INC. A RELATED ORGANIZATION. According to available records, Randy And Meredith Scully Foundation Inc. has made 5 grants totaling $129K, with a median grant of $25K. Annual giving has decreased from $104K in 2022 to $25K in 2023. Individual grants have ranged from $10K to $42K, with an average award of $26K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Montana. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Programs & Activities

CONTRIBUTIONS TO COTTONWOOD DAY SCHOOL, INC. A RELATED ORGANIZATION

Expenses: $42K

CONTRIBUTION TO MONTANA STATE UNIVERSITY

Expenses: $10K

Frequently Asked Questions

What does Randy And Meredith Scully Foundation Inc. fund?

CONTRIBUTIONS TO COTTONWOOD DAY SCHOOL, INC. A RELATED ORGANIZATION. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MT.

How much does Randy And Meredith Scully Foundation Inc. give in grants?

Randy And Meredith Scully Foundation Inc. has distributed a total of $129K across 5 grants. The median grant size is $25K, with an average of $26K. Individual grants have ranged from $10K to $42K.

How do I apply for a grant from Randy And Meredith Scully Foundation Inc.?

Randy And Meredith Scully Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.

Where is Randy And Meredith Scully Foundation Inc. located?

Randy And Meredith Scully Foundation Inc. is headquartered in BOZEMAN, MT.

Key People & Compensation (2023)

Name	Title	Compensation	Benefits	Total
Meredith M Scully	PRESIDENT	$0	$0	$0
Gerald W Scully	DIRECTOR	$0	$0	$0
Randolph P Scully	VP / TREASURER	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$253K

2023-6%

Total Assets

$4.8M

2023-5%

Fair Market Value

$4.8M

2023

Net Worth

$4.8M

2023

Grants Paid

$25K

2023

Contributions

2023

Net Investment Income

$24K

2023

Distribution Amount

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Expense Breakdown (2023)

Revenue Sources (2023)

Dividends: $17K
Capital Gains (Net): $16K

Financial Details (2023)

Total Revenue: $33K
Total Expenses: $253K
Exempt Purpose Expenses: $34K
Required Distribution: $0
Undistributed Income: $0
Total Liabilities: $1
Excise Tax: $336
Tax Due: $9

Foundation Classification (2023)

Operating FoundationYes

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$129K

Average Grant

$26K

Median Grant

$25K

Unique Recipients

Most Common Grant

$10K

Grant Disbursements by Year

Grant Range

Min$10K

Max$42K

Median: $25K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

MT$129K (5)

Past Grantees

Recipient	Location	Amount	Year
Cottonwood Day School IncPROGRAM SUPPORT	Bozeman, MT	$25K	2023
Montana State UniversityUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE	Bozeman, MT	$10K	2022