2023-08-14T09:33:12-05:00 2022-09-30 480567703 KCOE ISOM LLP 402 N BROADWAY 4TH FLOOR BILLINGS MT 59101 990 2021-10-01 204286919 BILLINGS COMMUNITY FOUNDATION BILL 4068393334 404 N 30TH ST BILLINGS MT 59101 LISA OLMSTED PRESIDENT 4068393334 2023-08-08 1 LISA OLMSTED 999009999 DANIEL MILLER P00031554 4062455136 2023-08-08 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z LISA OLMSTED 404 N 30TH ST BILLINGS MT 59101 1878670 0 X WWW.BILLINGSCOMMUNITYFOUNDATION.ORG X 2006 MT TO ENHANCE THE CAPACITY OF DONORS AND CHARITABLE ORGANIZATIONS TO MEET THE NEEDS OF THE GREATER BILLINGS COMMUNITY. WE MANAGE ENDOWMENT FUNDS FOR COMMUNITY 501 (C)(3) ORGANIZATIONS IN THE GREATER BILLINGS, MT AREA. BILLINGS COMMUNITY FOUNDATION HAS OVER 50 FUNDS FOR CHARITIES. 11 11 2 35 0 0 1566276 1484864 6687 5134 328163 371921 -6141 14290 1894985 1876209 748744 594788 0 0 118456 138582 0 0 1604 180365 161955 1047565 895325 847420 980884 8014677 7484223 672980 652995 7341697 6831228 X TO ENHANCE THE CAPACITY OF DONORS AND CHARITABLE ORGANIZATIONS TO MEET THE NEEDS OF THE GREATER BILLINGS COMMUNITY AND THE YELLOWSTONE VALLEY REGION. 0 0 594788 594788 GRANTMAKING:THE FOUNDATION ADMINISTERS THE RECEIPT OF CHARITABLE ASSETS THROUGH A VARIETY OF CHARITABLE GIVING TOOLS, SUCH AS DONOR ADVISED FUNDS, PERMANENT ENDOWMENTS, CHARITABLE GIFT ANNUITIES, CHARITABLE REMAINDER TRUSTS, AND CHARITABLE LEAD TRUSTS, FOR THE PURPOSE OF MAKING GRANTS TO VARIOUS NONPROFITS. DISTRIBUTIONS ARE MADE IN COMPLIANCE WITH THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT OF MONTANA. 10385 20995 YELLOWSTONE VALLEY GIVES/ BENEFIT BLAST EVENTS:HELPING RAISE ONLINE DONATIONS FROM 100+ LOCAL DONORS FOR 54 REGISTERED COMMUNITY NONPROFITS IN YELLOWSTONE VALLEY THROUGH AN ANNUAL WEEK LONG- DAY OF GIVING CALLED YELLOWSTONE VALLEY GIVES IN MAY 2022. LEADING UP TO THIS INITIATIVE, THE BILLINGS COMMUNITY FOUNDATION HOSTS FREE EDUCATIONAL SESSIONS FOR NONPROFIT LEADERS AND BOARD MEMBERS ON FUNDRAISING, MARKETING, AND DONOR ENGAGEMENT BEST PRACTICES. 248468 COMMUNITY LEADERSHIP:EXPAND SERVICES TO LOCAL NONPROFITS BY OFFERING EQUIPPED SHORT-TERM MINI OFFICE AND DESK SPACE FOR TEMPORARY OR MONTHLY RENTAL. CONTINUED FINISH OF COMMUNITY CONFERENCE ROOM, INCLUDING APPROPRIATE SEATING AND TECHNOLOGY EQUIPMENT.INCUBATING COMMUNITY PROJECTS AND INITIATIVES THROUGH FISCAL SPONSORSHIP FOR THE BENEFIT OF THE YELLOWSTONE REGION; RECEIVE AND ADMINISTER CHARITABLE CONTRIBUTIONS DESIGNATED FOR OTHER ORGANIZATIONS THAT PROVIDE EDUCATION, COMMUNITY DEVELOPMENT, AND WORKSHOPS. ENDOWMENT FINDS HELD BY THE FOUNDATION ARE HELD IN ACCORDANCE WITH THE INSTRUCTIONS OF THE DONOR. THE FOUNDATION ONLY MAKES DISTRIBUTIONS TO 501(C)3 ORGANIZATIONS AND EXEMPT GOVERNMENTAL UNITS IN COMPLIANCE WITH THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT OF MONTANA. 853641 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 14 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 4068393334 404 N 30TH ST BILLINGS MT 59101 LORI BYRON SECRETARY 2.00 X X 0 0 0 MARY WALKS OVER ICE DIRECTOR 2.00 X 0 0 0 MIKE PHILLIPS DIRECTOR 2.00 X 0 0 0 DAVID REDMON DIRECTOR 2.00 X 0 0 0 LEIF WELHAVEN DIRECTOR 2.00 X 0 0 0 JOY CULVER TREASURER 15.00 X X 0 0 0 JACK NICKELS DIRECTOR 2.00 X 0 0 0 LISA OLMSTED PRESIDENT 3.00 X X 0 0 0 BERNARD ROSE PAST PRESIDENT 15.00 X X 0 0 0 CAROLYN SEVIER VICE PRESIDENT 3.00 X X 0 0 0 TIM LEHMAN DIRECTOR 1.00 X 0 0 0 LAUREN WRIGHT EXECUTIVE DIRECTOR 40.00 X 76737 0 0 76737 0 0 0 0 0 0 0 1484864 322353 1484864 REGISTRATION REVENUE 900004 5134 5134 5134 176030 176030 195891 0 195891 195891 195891 890 2461 -1571 -1571 MISCELLANEOUS REVENUE 900003 15861 15861 15861 1876209 20995 0 370350 594788 594788 64999 53466 11260 273 69375 57065 12018 292 4208 3461 729 18 625 517 108 11687 9662 2025 36566 36566 3143 2530 613 2386 886 500 1000 5084 4203 881 16846 13928 2918 33510 33510 3653 3005 633 15 38364 31718 6646 7566 6255 1311 IN-KIND EXPENSES 1500 1234 260 6 MISCELLANEOUS 975 806 169 DUES 50 41 9 895325 853641 40080 1604 297178 157040 25483 23734 1064250 61030 821737 1003220 6865854 6296910 4425 3319 8014677 7484223 17849 41077 3117 0 326389 311056 325625 300862 672980 652995 X 225337 -173217 7116360 7004445 7341697 6831228 8014677 7484223 980884 -1534973 43620 0 X 0 0 0 X 792585 368498 973393 1566276 1484864 5185616 792585 368498 973393 1566276 1484864 5185616 816512 4369104 73200 67330 211376 150876 176030 678812 60772 53152 1325 15861 131110 5995538 0.72870 0.70970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22 584126 178599 797545 1 1 6461881 1044937 -1123017 295315 103498 5984988 5713975 459317 696681 370651 37441 6461881 5332533 548258 282736 419126 30426 5713975 4718969 291989 439678 96000 22103 5332533 3524383 1591342 -255419 122749 18589 4718969 0.06000 0.81000 0.13000 0 0 240300 240300 817395 58768 758627 6555 2262 4293 1003220 FUNDS HELD AS AGENCY ENDOWMENTS 132745 DEFERRED GIFT ANNUITY LIABILITIES 168117 300862 PART V, LINE 4: ENDOWMENT FUNDS HELD BY BILLINGS COMMUNITY FOUNDATION ARE HELD ACCORDING TO THE INSTRUCTIONS OF THE DONOR. THE FOUNDATION ONLY MAKES DISBURSEMENTS TO 501 (C)(3) ORGANIZATIONS AND EXEMPT GOVERNMENTAL UNITS. 1 CENTRAL MONTANA COMMUNITY FOUNDATION PO BOX 334 LEWISTOWN MT 59457 810425314 501(C)(3) 41569 0 PHILANTHROPIC PURPOSE FAMILY SERVICE PO BOX 1020 BILLINGS MT 59103 810232120 501(C)(3) 5500 0 PHILANTHROPIC PURPOSE UNITED WAY OF YELLOWSTONE COUNTY 2173 OVERLAND AVENUE BILLINGS MT 59102 810287507 501(C)(3) 7000 0 PHILANTHROPIC PURPOSE WYOLA DEVELOPMENT FUND PO BOX 144 WYOLA MT 590890144 852826038 501(C)(3) 64860 0 PHILANTHROPIC PURPOSE WYOLA YOUTH GROUP MIGHTY FEW PO BOX 10 WYOLA MT 590890144 832098523 501(C)(3) 33000 0 PHILANTHROPIC PURPOSE WOMEN STEPPING FORWARD FOR AG 1801 MAJESTIC LANE BILLINGS MT 59103 501(C)(3) 17395 0 PHILANTHROPIC PURPOSE YELLOWSTONE RIVER PARKS ASSOCIATION INC PO BOX 1201 BILLINGS MT 59103 364096295 501(C)(3) 17169 0 PHILANTHROPIC PURPOSE JOLIET COMMUNITY CENTER PO BOX 29 JOLIET MT 590410029 810531719 501(C)(3) 12955 0 PHILANTHROPIC PURPOSE MONTANA STATE PARKS FOUNDATION 400 W BROADWAY ST STE 101-424 MISSOULA MT 59802 473829371 501(C)(3) 11310 0 PHILANTHROPIC PURPOSE 15 PART I, LINE 2: GRANT RECIPIENTS, SELECTED BY THE BILLINGS COMMUNITY FOUNDATION'S GRANT COMMITTEE, ARE REQUIRED TO SEND BILLINGS COMMUNITY FOUNDATION DISBURSED TO THEM. IF NO REPORT IS SUBMITTED, THAT ORGANIZATION APPLIES FOR A GRANT THE FOLLOWING YEAR, THE FAILURE TO PROVIDE A REPORT ON USE OF A PRIOR GRANT DISBURSEMENT IS TAKEN INTO ACCOUNT DURING THE CURRENT YEAR GRANT AWARD PROCESS. X 18 272207 MARKET X IN-KIND 7 50146 FMV 0 1 1 FORM 990, PART VI, SECTION B, LINE 11B COPIES OF FORM 990 GIVEN TO BOARD MEMBER FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH JANUARY, ALL BOARD MEMBERS ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT FOR THE ORGANIZATION'S RECORDS. BOARD MEMBERS ARE REQUIRED TO NOTIFY AND CHANGE THE SIGNED STATEMENT IF THERE IS A CHANGE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HIRED ITS FIRST EXECUTIVE DIRECTOR IN 2017. AN INDEPENDENT CONSULTANT WAS HIRED TO ASSIST WITH DETERMINING THE ED'S COMPENSATION PACKAGE. ADDITIONALLY, THE SEARCH COMMITTEE CONDUCTED MANY HOURS OF RESEARCH REGARDING EQUITABLE, COMPARABLE COMPENSATION PACKAGES AND CONDUCTED A PRE-EMPLOYMENT BACKGROUND CHECK. FORM 990, PART VI, SECTION C, LINE 18 GUIDESTAR FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, CONFLICT OF INTEREST STATEMENTS, AND FINANCIALS STATEMENTS ARE AVAILABLE UPON REQUEST. 404 N 30TH LLC 404 N 30TH BILLINGS MT 59101 853581055 OWN AND OPERATE BUILDING HOUSING NONPROFIT ACTIVITIES MT 122474 984259 BILLINGS COMMUNITY FOUNDATION