Ray Lanyon Fund
- Assets
- $1.0m
- Revenue
- $72.9k
- Investments
- $971.4k
- Employees
- 0
- Location
- Billings, MT
- Founding
- 01/1984
- Data as of
- 06/2023
- 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 06/2023, Ray Lanyon Fund generated $72.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (31.6%) each year. All expenses for the organization totaled $55.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Ray Lanyon Fund has awarded 32 individual grants totaling $133,815. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
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 10 CHARITABLE ORGANIZATIONS THIS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Dunn Chairman | 1 | $0 | |
John Valenkamp Committeeman | 1 | $0 | |
Brian Bagley Committeeman | 1 | $0 | |
Sarah Verasco Committeeman | 1 | $0 | |
Kevin Ericson Independent Bank Committeeman | 3 | $0 | |
First Interstate Bank Trustee | 1 | $13,555 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $271 |
| Dividends & Interest | $39,924 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,691 |
| Capital Gain Net Income | $32,691 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $72,886 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,555 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $862 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,265 |
| Total operating and administrative expenses | $19,282 |
| Contributions, gifts, grants paid | $36,200 |
| Total expenses and disbursements | $55,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,143 |
| 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 | $1,008,499 |
| 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 $36,200 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BLUE SKY BRIDGE PURPOSE: GRANT FOR SCHOOL BASED PREVENTION EDUCATION PROGRAM | $7,000 |
CENTER FOR PEOPLE WITH DISABILITIES PURPOSE: GRANT FOR GENERAL OPERATING SUPPORT | $2,500 |
COAL CREEK ADULT EDUCATION CENTER PURPOSE: GRANT FOR GENERAL OPERATING SUPPORT | $2,000 |
COLLEGIATE CROSSINGS PURPOSE: GRANT FOR GENERAL OPERATING SUPPORT | $2,000 |
COLORADO FRIENDSHIP PURPOSE: GRANT FOR FRIDAY FOOD BAGS FOR CHILDREN | $3,000 |
DEVELOPMENTAL DISABILITIES CENTER PURPOSE: GRANT FOR GENERAL OPERATING SUPPORT | $4,000 |