Bair Ranch Foundation is located in Billings, MT. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bair Ranch 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, Bair Ranch Foundation generated $3.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $5.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bair Ranch Foundation has awarded 12 individual grants totaling $8,843,460. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Davies President | 0 | $0 | |
James Day Vice-President | 0 | $0 | |
Jason Euell Secretary/treasurer | 0 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Us Bank Trust National Assoc Mt | 12/30/23 | $751,712 |
Us Bank Trust National Assoc Mt | 12/30/23 | $132,221 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,767,034 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $220,395 |
| Capital Gain Net Income | $220,395 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $1,722,417 |
| Other Income | $50,276 |
| Total Revenue | $3,760,122 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $211,113 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $126,616 |
| Depreciation | $102,763 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,438,187 |
| Total operating and administrative expenses | $2,804,854 |
| Contributions, gifts, grants paid | $2,217,726 |
| Total expenses and disbursements | $5,022,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,800 |
| Savings and temporary cash investments | $2,436,908 |
| 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 | $627,579 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,625 |
| Net Land, buildings, and equipment | $2,398,352 |
| Other assets | $58,169 |
| Total assets | $58,253,077 |
| 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 |
Over the last fiscal year, Bair Ranch Foundation has awarded $2,217,726 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLES M BAIR FAMILY TRUST PURPOSE: PASS THROUGH TO CHARITIES FOR GEN OPERATING | $1,050,000 |
CHARLES M BAIR MEMORIAL TRUST PURPOSE: PASS THROUGH TO CHARITIES FOR GEN OPER & SCHOLARSHIPS | $1,050,000 |
MONTANA STATE UNIVERSITY OFFICE OF SPONSORED PROGRAMS PURPOSE: AGRICULTURAL RESEARCH | $117,726 |