Billings Community Foundation

BILLINGS
FOUNDATION
“Let your good work begin with us”
ANNUAL REPORT
2015
Our Mission: To help individual donors and
charitable organizations meet the needs of the greater
Billings community
For Individuals: The Billings Community
Foundation can facilitate tax advantaged giving and
serve as your private foundation to manage the
distribution of gifts.
For Charitable Organizations: The
Billings Community Foundation can oversee
assets by serving as the trustees and investment
committee for your fund.
For Estates: The Billings Community
Foundation can accept endowment bequests and
facilitate the long-term distribution of gifts to local
charitable organizations.
Mission Statement
To enhance the capacity of donors and charitable organizations to
meet the needs of the greater Billings community.
2016 Board of Directors
Teresa Darnielle-Morse – President &
VP Planned Giving
RBC Wealth Management
Don Roberts – Vice President
Retired Oral & Maxillofacial Surgeon
Val Jeffries – Secretary/Treasurer
Regional Director of Operations
Holiday Station Stores
Obert Undem – Assistant VP,
Planned Giving
Retired, Director of Planned Giving,
Rocky Mountain College
Don Allen - Director
Retired, CPA
Joy L. Culver - Director
CPA, Eide Bailly LLP
James R. Foley - Director
Founder, Foley Group LLC
Jack Nickels - Director
Realtor and Consultant
Ralph Spence - Director
Spence Accounts, Inc.
Advisory Board
Sarie Mackay • Bill Milton • Lynda Moss • Lisa Reid Perry
• Melanie Schwarz • Colleen Weast
Primary Geographic Area We Serve
Yellowstone, Carbon, Stillwater, Big Horn, Treasure, Custer and Musselshell County
BILLINGS COMMUNITY FOUNDATION | Annual Report
2015
Endowments, Memorials and Scholarship Funds
Absaroka Beartooth Wilderness
Arts Without Boundaries
Big Sky Senior Services
Billings Christian School Education Foundation
Billings Community Foundation (BCF)
BCF Arts & Culture
Billings Family YMCA
Billings Public Library
Billings Studio Theatre
* Billings TrailNet
Billings Unitarian Universalist Fellowship
Broadview Community Center
Central Montana Foundation
Christikon
Clocktower Inn Animal Fund
Forever 42 Dusty Taber Memorial Scholarship
Head Start Endowment for Community Vitality
Joliet Community Center
Lutheran Center
* Miles City Area Community
Montana Audubon Education Center
Montana Audubon General
Montana Audubon Public Policy
Montana Conservation Voters Education
Environmental Information Center
Nature Conservancy of Montana
NERC: Naturopathic Ed & Research
NILE Foundation
Pioneer Scholarship Fund - Harlowton, MT
Prevention of Elder Abuse
Project Hope – Columbus, MT
Rimrock Opera
Jane Shelhamer - Big Brothers Big Sisters
Stillwater County Library, Friends of
Stillwater Historical Society
George and Blanche Taber Scholarship
Tumbleweed
UM Wilderness Scholarship; Seibert
Obert Undem Fund for Community Vitality
Unity Church of Christianity
Thomas & Amoretta Wilkins
James Wrightson Educational Fund
Yellowstone River Parks Association
* Yellowstone Valley Audubon Society
Youlden Scholarship Fund
ZooMontana
* denotes a new 2015 account
Grant Program
Awarded in 2015
Over Past 9 Years We Have Granted Over
$19,600
$137,146
Field of Interest Funds Available:
Animal Welfare • Arts and Culture • Bricks & Mortar Projects •
Economic Development • Education • Endowment Marketing Support •
Human Welfare • Natural Resources & Conservation
12/31/2014
12/31/2015
TOTAL ASSETS
Total Liabilities
Restricted Funds
Temporarily Restricted
Unrestricted
Equity
$1,948,723
$53,456
$1,377,781
$479,600
$37,886
$1,895,267
$2,194,447
$79,621
$1,635,956
$446,640
$32,230
$2,114,826
TOTAL LIABILITIES & EQUITY
$1,948,723
$2,194,447
BILLINGS COMMUNITY FOUNDATION | Annual Report
2015
History
The roots of the Billings Community Foundation were formed in
1988 by a group of volunteers who comprised one of a number of
regional committees serving a statewide community foundation in
Montana. This region was known as the Greater Yellowstone
Region. In 2005, this committee began the transition to a standalone tax exempt 501 (c)(3) organization. This transition was
completed in 2006.
The founders saw the need to enhance the capacity of donors and
charitable organizations in this part of the state via a local
grassroots organization that offers services that are otherwise not
available to small non-profits and donors in the area. BCF’s primary
geographical focus area consists of, but is not limited to, the
following counties: Yellowstone, Carbon, Stillwater, Big Horn,
Custer, Treasure, Rosebud and M u s s e l s h e l l .
Through BCF, you can make a contribution or set up a fund of
any size to support the cause(s) you love most. BCF gives
people of both great and modest means a way to contribute to
the betterment of their community in perpetuity. BCF offers
professional management of funds that are invested through
local firms with donor advice.
How To Contribute
Send contributions to:
Billings Community Foundation
P.O. Box 1255, Billings, MT 59103
Phone: 406-839-3334
[email protected]
Visit us online at:
www.billingscommunityfoundation.org
The Billings Community Foundation is a non-profit 501 (c) (3) tax-exempt organization under the Internal
Revenue Code. Contributions are deductible to the maximum extent allowable for federal income tax purposes.
Please consider the Billings Community Foundation for your long-range giving plans.