Signal Peak Community Foundation
- Assets
- $1.5m
- Revenue
- $550.1k
- Investments
- $955.6k
- Employees
- 0
- Location
- Helena, MT
- Founding
- 12/2011
- Data as of
- 12/2023
- EIN
- 45-2708352
Organization Overview
Signal Peak Community Foundation is located in Helena, MT. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Signal Peak Community Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Signal Peak Community Foundation generated $550.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $233.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Signal Peak Community Foundation has awarded 121 individual grants totaling $1,873,202. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Olson Vice Chairman | 1 | $0 | |
Chad Sealey Chairman | 1 | $0 | |
Sue Olson Secretary/treasurer | 1 | $0 | |
Sandra Jones Director | 1 | $0 | |
Tom Hougen Director | 1 | $0 | |
Parker Phipps Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $622 |
| Dividends & Interest | $44,688 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,759 |
| Capital Gain Net Income | $4,759 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $550,069 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $445 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,477 |
| Total operating and administrative expenses | $5,122 |
| Contributions, gifts, grants paid | $227,891 |
| Total expenses and disbursements | $233,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $551,162 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,506,806 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Signal Peak Community Foundation has awarded $227,891 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON UNIVERSITY PURPOSE: DONAHUE SCHOLARSHIP | $1,500 |
CITY OF ROUNDUP PURPOSE: SECURITY CAMERAS, MURAL AND LIGHTS | $43,330 |
MELSTONE COMMUNITY POOL INC PURPOSE: SHELTER | $18,625 |
FRIENDS OF MUSSELSHELL SCHOOL PURPOSE: RESTROOMS AND WALL REPAIRS | $14,672 |
MONTANA STATE UNIVERSITY - BILLINGS PURPOSE: GRIFFITH AND RAE SCHOLARSHIPS | $3,000 |
MONTANA STATE UNIVERSITY - NORTHERN PURPOSE: BILDEN SCHOLARSHIP | $5,000 |