Ray Lanyon Fund
- Assets
- $991.1k
- Revenue
- $133.6k
- Investments
- $980.7k
- Employees
- 0
- Location
- Billings, MT
- Founding
- 01/1984
- Data as of
- 06/2022
- EIN
- 84-6131781
Organization Overview
Ray Lanyon Fund is located in Billings, MT. The organization was established in 1984. 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.
For the year ending 06/2022, Ray Lanyon Fund generated $133.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.4% each year . All expenses for the organization totaled $68.0k during the year ending 06/2022. While expenses have increased by 2.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
THE FUND PAYS THE APPROXIMATE AMOUNT OF ITS NET INCOME TO VARIOUS TAX-EXEMPT CHARITABLE ORGANIZATIONS IN THE ST. VRAIN VALLEY. GRANTS WERE MADE TO 11 CHARITABLE ORGANIZATIONS THIS YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
First Interstate Bank Trustee | 1 | $15,166 | |
Scott Dunn Chairman | 1 | $0 | |
Kevin Ericson Independent Bank Committeeman | 3 | $0 | |
Sarah Verasco Committeeman | 1 | $0 | |
John Valenkamp Committeeman | 1 | $0 | |
Brian Bagley Committeeman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31 |
| Dividends & Interest | $37,001 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $96,558 |
| Capital Gain Net Income | $96,558 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $133,590 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,166 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,246 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $22,957 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $67,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,347 |
| 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 | $991,095 |
| 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, Ray Lanyon Fund has awarded $45,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BLUE SKY BRIDGE PURPOSE: GRANT FOR SCHOOL BASED PREVENTION EDUCATION PROGRAM | $10,000 |
Longmont, CO PURPOSE: GRANT FOR GENERAL OPERATING SUPPORT | $5,000 |
COLORADO FRIENDSHIP PURPOSE: GRANT FOR FRIDAY FOOD BAGS FOR CHILDREN | $5,000 |
Longmont, CO PURPOSE: GRANT TO PROVIDE QUALITY AFFORDABLE EARLY CHILDHOOD CARE | $5,000 |
BOULDER COMMUNITY HOUSING CORPORATION PURPOSE: GRANT FOR STATE OF THE ART LEARNING | $4,500 |
Lakewood, CO PURPOSE: GRANT FOR GENERAL OPERATING SUPPORT | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Foley Family Charitable Foundation Whitefish, MT | $33,136,562 | $2,272,522 |
Fred & Clara Eckert Foundation For Children Williston, ND | $22,065,382 | $6,837,965 |
George B Storer Foundation Inc Jackson, WY | $58,787,234 | $2,111,031 |
The Martin Family Foundation Casper, WY | $32,865,845 | $6,480,338 |