Education Foundation For Billings Public Schools

Organization Overview

Education Foundation For Billings Public Schools is located in Billings, MT. The organization was established in 1988. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Education Foundation For Billings Public Schools employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Foundation For Billings Public Schools 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 06/2021, Education Foundation For Billings Public Schools generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $798.4k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Education Foundation For Billings Public Schools has awarded 90 individual grants totaling $4,381,666. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE EXCELLENCE IN EDUCATION BY PROVIDING OPPORTUNITIES AND RESOURCES OUTSIDE OF THE SCOPE OF DISTRICT BUDGETING TO BILLINGS PUBLIC SCHOOL STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION OFFERS DONOR ENDOWMENT DISTRIBUTIONS TO EDUCATORS AND INCURS OTHER EXPENSES IN BILLINGS PUBLIC SCHOOLS AND EDUCATIONAL INSTUTIONS IN SURROUNDING AREAS CONSISTENT WITH DONOR RESTRICTED PURPOSES AND THE FOUNDATIONS'S MISSION ON A PERIODIC BASIS IN AMOUNTS ESTABLISHED BY DONOR INTENT.


THE FOUNDATION PROVIDES GRANTS TO BILLINGS PUBLIC SCHOOLS AND STUDENT ORGANIZATIONS USING PROCEEDS FROM FUNDRAISING EFFORTS TO DEVELOP AND ENHANCE OPPORTUNITY FOR LEARNING AND GROWTH.


THE BACKPACK MEALS PROGRAM ENSURES THAT LOW-INCOME CHILDREN IN BILLINGS HAVE FOOD ON WEEKENDS AND SCHOOL HOLIDAYS. BY WORKING CLOSELY WITH OTHER ORGANIZATIONS IN THE CITY, THE PROGRAM HAS BECOME PART OF A COORDINATED EFFORT TO END HUNGER/POVERY IN BILLINGS.


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Board, Officers & Key Employees

Name (title)Compensation
Greg Benjamin
President
$0
Shannon Christensen
Vice President
$0
Angie Gray
Secretary
$0
Shane Richards
Treasurer
$0
Julie Sullivan
Director
$0
Tierani Brusett
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$599,301
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$599,301
Total Program Service Revenue$0
Investment income $121,176
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $341,281
Net Income from Fundraising Events $144,577
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,206,335

Grants Awarded

Over the last fiscal year, Education Foundation For Billings Public Schools has awarded $472,460 in support to 12 organizations.

Grant RecipientAmount

LAUREL HIGH SCHOOL

PURPOSE: SCHOOL GRANT

$97,994

BILLINGS PUBLIC SCHOOLS

PURPOSE: DONOR RESTRICTED GRANTS

$94,597

BILLINGS PUBLIC SCHOOLS

PURPOSE: CLASSROOM GRANTS

$84,367

BILLINGS PUBLIC SCHOOLS

PURPOSE: SUV RAFFLE

$47,697

BILLINGS WEST HIGH SCHOOL

PURPOSE: SCHOOL GRANT

$44,463

SKYVIEW HIGH SCHOOL

PURPOSE: SCHOOL GRANT

$25,242
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Education Foundation For Billings Public Schools has recieved totaling $11,400.

Awarding OrganizationAmount
First Interstate Bancsystem Foundation Inc

Billings, MT

PURPOSE: GENERAL OPERATING SUPPORT

$11,400
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,851,876
Earnings$1,107,547
Admin Expense$42,950
Net Contributions$106,013
Grants$193,330
Ending Balance$4,829,156

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