James R & Christine M Scott Family Foundation
- Assets
- $166.3k
- Revenue
- $62.3k
- Investments
- $9.7k
- Employees
- 0
- Location
- Billings, MT
- Founding
- 02/2003
- Data as of
- 12/2022
- EIN
- 80-0001258
Organization Overview
James R & Christine M Scott Family Foundation is located in Billings, MT. The organization was established in 2003. 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. James R & Christine M Scott Family 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 12/2022, James R & Christine M Scott Family Foundation generated $62.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (47.3%) each year. All expenses for the organization totaled $1.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (78.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James R Scott Director | 1 | $0 | |
Christine M Scott Director | 1 | $0 | |
James R Scott Jr Director | 1 | $0 | |
Courtney Scott Director | 1 | $0 | |
Dana Andersson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $62,314 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,314 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20 |
| Total operating and administrative expenses | $1,794 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,637 |
| 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 | $166,287 |
| 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, James R & Christine M Scott Family Foundation has awarded $813,306 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERTA BAIR THEATRE PURPOSE: CAPITAL BUILDING CAMPAIGN | $748,306 |
RIVERSTONE HEALTH PURPOSE: CAPITAL CAMPAIGN | $50,000 |
WISE WONDERS CHILDRENS MUSEUM PURPOSE: CAREER CENTER EXHIBIT BUILDING PROGRAM | $15,000 |