Tamarack Foundation Inc
- Assets
- $2.2m
- Revenue
- $332.1k
- Investments
- $1.3m
- Employees
- 0
- Location
- Whitefish, MT
- Founding
- 12/1999
- Data as of
- 12/2021
- EIN
- 84-1519358
Organization Overview
Tamarack Foundation Inc is located in Whitefish, MT. The organization was established in 1999. 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. Tamarack Foundation Inc 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 12/2021, Tamarack Foundation Inc generated $332.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $102.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Tamarack Foundation Inc has awarded 30 individual grants totaling $382,944. 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 |
|---|---|---|---|
Michael Shaw Director | 0.25 | $0 | |
Marie Russell-Shaw Director | 0.25 | $0 | |
David E Russell Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $324,847 |
| Interest on Savings | $124 |
| Dividends & Interest | $7,114 |
| 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 | $332,085 |
| 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 | $0 |
| Total operating and administrative expenses | $875 |
| Contributions, gifts, grants paid | $101,100 |
| Total expenses and disbursements | $101,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $833,742 |
| 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 | $1,004,600 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,163,189 |
| 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, Tamarack Foundation Inc has awarded $101,100 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Whitefish, MT PURPOSE: GENERAL CHARITABLE COMMUNITY DONATION | $37,600 |
FRIENDS OF MT PBS PURPOSE: NON PROFIT BROADCASTING | $20,000 |
Big Sky, MT PURPOSE: PSIA-AASI OFFERS NATIONAL BRAND RECOGNITION AND CREDENTIALS; IT IS RECOGNIZED BY SKI AND SNOWBOARD SCHOOLS THROUGHOUT THE COUNTRY, AND MEMBERSHIP OFTEN CAN MEAN INCREASED WAGES, ADDITIONAL BENEFITS, AND RECOGNITION. | $10,000 |
MONTANA PUBLIC RADIO PURPOSE: PUBLIC BROADCASTING | $10,000 |
WHITEFISH EDUCATION FOUNDATION PURPOSE: TO ASSIST IN THE EDUCATION IN THE WHITEFISH SCHOOL DISTRICT | $7,500 |
Whitefish, MT PURPOSE: ENHANCING THE FLATHEAD VALLEY COMMUNITY BY INVITING AND PRESENTING MUSICAL ARTISTS FROM AROUND THE NATION AND THE WORLD TO ENTERTAIN, MENTOR, COACH AND ENCOURAGE RURAL AND SMALL-TOWN AUDIENCES AND LOCAL PERFORMERSIN THE BEAUTY OF THE NORTHERN ROCKY MOUNTAINS. | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dennis R Washington Foundation Inc Missoula, MT | $1,024,973,213 | $135,352,040 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
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 |