Charles M Bair Family Tr Fund
- Assets
- $33.3m
- Revenue
- $2.1m
- Investments
- $11.0m
- Employees
- 0
- Location
- Billings, MT
- Founding
- 03/1994
- Data as of
- 04/2024
- EIN
- 81-6075761
Organization Overview
Charles M Bair Family Tr Fund is located in Billings, MT. The organization was established in 1994. 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. Charles M Bair Family Tr Fund 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 04/2024, Charles M Bair Family Tr Fund generated $2.1m 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 (8.8%) each year. All expenses for the organization totaled $1.8m during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Charles M Bair Family Tr Fund has awarded 165 individual grants totaling $4,004,810. 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 |
|---|---|---|---|
Gerry Fagan Moulton Bellingham Chairman | 15 | $0 | |
Bill Davies Us Bank Vice Chairman | 15 | $0 | |
James Day Us Bank Secretary | 15 | $0 | |
Kelly Coleman At Large Member - Yellowstone County | 15 | $0 | |
Burt Hurwitz At Large Member - Meagher County | 15 | $0 | |
Paula Beezley Security And Mainten | 80 | $77,430 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,060,000 |
| Interest on Savings | $37,347 |
| Dividends & Interest | $375,090 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $566,813 |
| Capital Gain Net Income | $566,813 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $30,022 |
| Total Revenue | $2,069,272 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $222,099 |
| Pension plans, employee benefits | $6,900 |
| Interest | $0 |
| Taxes | $36,353 |
| Depreciation | $0 |
| Occupancy | $204,965 |
| Travel, conferences, and meetings | $2,405 |
| Printing and publications | $0 |
| Other expenses | $41,328 |
| Total operating and administrative expenses | $777,473 |
| Contributions, gifts, grants paid | $1,009,301 |
| Total expenses and disbursements | $1,786,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,317 |
| 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 | $3,422,491 |
| Other assets | $18,845,179 |
| Total assets | $33,313,114 |
| 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, Charles M Bair Family Tr Fund has awarded $1,009,301 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERTA BAIR THEATER PURPOSE: GRANT FOR ABT EDUCATIONAL PROGRAMS AND WORKSHOPS. | $27,204 |
BIG BROTHERS & SISTERS OF YELLOWSTONE COUNTY INC PURPOSE: GRANT FOR RECRUITMENT AND SUPPORT OF VOLUNTEER MENTORS. | $10,000 |
BIG SKY SCIENCE EDUCATION ENHANCEMENT INC PURPOSE: GRANT FOR ROCKET CAMP. | $2,000 |
BIG SKY SENIOR SERVICES PURPOSE: GRANT FOR HELPING HANDS OLDER TRANSPORTATION. | $30,000 |
BILLINGS CATHOLIC SCHOOLS PURPOSE: GRANT FOR HUMANITIES CURRICULUM. | $25,000 |
BILLINGS STUDIO THEATRE PURPOSE: GRANT FOR NEW LENNOX MERIT SYSTEM. | $3,500 |