Herrin Scholarship Foundation

Billings, MTGovernment-related / quasi-publicEIN 82-6101411Revenue $12K in FY2025

On file with the IRSPo Box 30918, 59116-0918 · Billings, MTTax-exempt since 0000

Tell your story. Claim this org

$5K paid to officers and key staff.
Pay: Part VII

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $6K a year · 49% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$5K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
990-PF Pt VIII
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12K
-19% vs prior year
Spent
$19K
Net assets
$176K
By yearFY2020–FY2025
Revenue
$12K
FY2025▼ -19%
Tap a bar for its year
Revenue by fiscal year
FY2020$9K
FY2021$27K
FY2022−$616
FY2023$13K
FY2024$15K
FY2025$12K
Expenses
$19K
FY2025-0.3%
Tap a bar for its year
Expenses by fiscal year
FY2020$18K
FY2021$18K
FY2022$19K
FY2023$18K
FY2024$19K
FY2025$19K
Net assets
$176K
FY2025▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$203K
FY2021$211K
FY2022$192K
FY2023$186K
FY2024$182K
FY2025$176K

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in 0000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 64% · $12K Operating & administrative 36% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

1 person listed on the 990-PF; $5K paid to officers and key staff.

Part VII, Section A · reportable compensation
$5,000Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
First Interstate Bank$5,000$5,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Herrin Scholarship Foundation executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Programs and updates

A government-related organization based in Billings, MT.

Questions for Herrin Scholarship Foundation

Tap to ask. Herrin Scholarship Foundation sees how many people are interested.

Your first name shows with your question. Herrin Scholarship Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 12 grants · $12K · 2025–2025
Individual RecipientFY2025$1,000
Grand Canyon UniversityFY2025$1,000
Dartmouth CollegeFY2025$1,000
Unversity of MinnesotaFY2025$1,000
University of MontanaFY2025$1,000
Grand Canyon UniversityFY2025$1,000
Flathead Valley Community CollegeFY2025$1,000
Montana State UniversityFY2025$1,000
Montana State UniversityFY2025$1,000
Montana State UniversityFY2025$1,000
University of MontanaFY2025$1,000
Flathead Valley Community CollegeFY2025$1,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$1K
Median grantPart XV$1K
Largest grantPart XV$1K

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$12K
Investment income$12K
Money out
$19K
Grants paid$12K
Running costs$7K
Owns and owes
$176K
net assets
Cash and savings$3K
Total assets$176K
Liabilities$0
People
1
listed
Paid1
2In more detail
Revenue in detail
Investment income$12K
Total revenue$12K
Assets in detailEnd of year
Cash and savings together$3K
Total assets$176K
Liabilities$0
Net assets$176K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $12K$19K−$6K$176K 990 PDF
FY2024 $15K$19K−$4K$182K 990 PDF
FY2023 $13K$18K−$6K$186K 990 PDF
FY2022 −$616$19K−$20K$192K 990 PDF
FY2021 $27K$18K$9K$211K 990 PDF
FY2020 $9K$18K−$10K$203K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.