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    First Interstate BancSystem Foundation

    Supporting OrganizationIRS data 2022–2024
    Billings, MTEIN 810465899 Website

    Annual Giving

    $4.8M-20% YoY

    Grants

    758

    Median Grant

    $3K

    Organizations Funded

    —

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    Foundation Overview

    Mission

    The First Interstate BancSystem Foundation's purpose is to help communities live out their greatest potential through encouraging active leadership and identifying and responding to needs in the markets we serve. We help people and their money work better together and are driven by a vested interest in the health and strength of their communities.

    Focus Areas

    food banks and hunger reliefaffordable housing and habitat for humanityyouth development and after-school programscommunity leadership and capacity buildingdomestic violence and family servicesemergency and disaster reliefhospital and healthcare supporteducation and entrepreneurship programs

    Grant Types

    general operating supportgeneral support

    Funded Initiatives

    Believe in Local campaign $1 million in grants to 40 nonprofits; FHLB partnership $2.6M to 82 Montana, North Dakota, and Oregon organizations; $980K to 33 Washington nonprofits; $21.5 million gift to Foundation; over $87 million contributed since 1990

    How to Apply

    All requests reviewed monthly, must be submitted online; Foundation only grants to organizations recommended by local First Interstate Bank branches; minimum grant amount $2,500

    Does Not Fund

    Individuals; projects without significant community impact; projects to influence legislation or elect candidates; sectarian/religious organizations with services limited to one group; duplicate efforts; projects implying service restrictions based on sex, race, age, religious affiliation; endowments

    Based on publicly available information from the foundation's 990 filings and website.

    Giving History

    2024-20%

    $4.8M

    Grants

    758

    Median

    $3K

    States

    22

    2023-1%

    $6.0M

    Grants

    1,536

    Median

    $1K

    States

    29

    2022

    $6.1M

    Grants

    1,375

    Median

    $1K

    States

    25

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $20.3M
    $4.8M(23.6%)
    2023
    $23.0M
    $6.0M(26.1%)
    2022
    $24.6M
    $6.1M(24.7%)

    Grants paid shown as percentage of total assets

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    Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.

    Questions?