Bruno And Evelyne Betti Foundation
- Assets
- $0.0
- Revenue
- $451.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Billings, MT
- Founding
- 08/2011
- Data as of
- 10/2021
- EIN
- 26-4539000
Organization Overview
Bruno And Evelyne Betti Foundation is located in Billings, MT. The organization was established in 2011. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Bruno And Evelyne Betti 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 10/2021, Bruno And Evelyne Betti Foundation generated $451.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $6.3m during the year ending 10/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bruno And Evelyne Betti Foundation has awarded 61 individual grants totaling $21,170,000. 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 |
|---|---|---|---|
Stanley Hill President | 35 | $98,500 | |
Alexander Mackie Secretary, Treasurer | 5 | $71,000 | |
Thomas Reinhardt Vice President | 5 | $68,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $71,984 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $370,157 |
| Capital Gain Net Income | $370,157 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,200 |
| Total Revenue | $451,341 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $237,500 |
| Other employee salaries and wages | $8,845 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,436 |
| Depreciation | $0 |
| Occupancy | $9,130 |
| Travel, conferences, and meetings | $2,430 |
| Printing and publications | $0 |
| Other expenses | $8,785 |
| Total operating and administrative expenses | $345,498 |
| Contributions, gifts, grants paid | $5,973,000 |
| Total expenses and disbursements | $6,318,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, Bruno And Evelyne Betti Foundation has awarded $5,973,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Lewistown, MT PURPOSE: PETROLEUM COUNTY COMMUNITY CENTER YOUTH PROGRAM | $1,600,000 |
Lewistown, MT PURPOSE: PETROLEUM COUNTY COMMUNITY CENTER ENDOWMENT | $1,410,000 |
Olympia, WA PURPOSE: CREATE AN ENDOWED FUND TO SUPPORT NURSING SCHOLARSHIPS | $605,000 |
ST MARTINS UNIVERSITY FOUNDATION PURPOSE: CREATE THE BRUNO AND EVELYNE BETTI FOUNDATION LEGACY NURSING SCHOLARSHIP ENDOWMENT | $605,000 |
ST JOHN'S LUTHERAN MINISTRIES FOUNDATION PURPOSE: NURSING HOME DIVISION SUPPORT | $500,000 |
Wenatchee, WA PURPOSE: OKANOGAN FIRE DISTRICT 6 EQUIPMENT & TOWER | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Gianforte Fam Charitable Tr Bozeman, MT | $232,267,609 | $12,872,148 |
The Aditi Foundation Sioux Falls, SD | $272,669 | $9,625,048 |
Denny Sanford Foundation Sioux Falls, SD | $42,390,595 | $5,136,218 |
Montana Healthcare Foundation Bozeman, MT | $211,845,474 | $27,605,227 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
J R Simplot Foundation Inc Boise, ID | $241,362,659 | $7,582,149 |
Laura Moore Cunningham Foundation Inc Boise, ID | $9,665,036 | $4,890,131 |
Bruno And Evelyne Betti Foundation Billings, MT | $0 | $451,341 |
Dakota Charitable Foundation Inc Rapid City, SD | $26,047,186 | $2,168,472 |
Town Pump Charitable Foundation Butte, MT | $40,763,462 | $8,633,359 |
Pharos Foundation Jackson, WY | $46,452,761 | $4,714,657 |