Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
GIANFORTE FAMILY CHARITABLE TRUST
 
% SUSAN GIANFORTE
Number and street (or P.O. box number if mail is not delivered to street address)1320 MANLEY ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOZEMAN, MT59715
A Employer identification number

30-6089834
B Telephone number (see instructions)

(406) 585-0604
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$232,267,609J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 124 124  
4 Dividends and interest from securities... 3,618,603 3,383,826  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,334,411
b Gross sales price for all assets on line 6a 17,993,395
7 Capital gain net income (from Part IV, line 2)... 7,334,411
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 1,919,010 1,916,210  
12 Total. Add lines 1 through 11........ 12,872,148 12,634,571  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 12,000     12,000
14 Other employee salaries and wages...... 136,206     136,206
15 Pension plans, employee benefits....... 3,526      
16a Legal fees (attach schedule)......... 2,112      
b Accounting fees (attach schedule)....... 19,024      
c Other professional fees (attach schedule).... Click to see attachment 744,029 684,037   57,931
17 Interest............... 1,227 1,227    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 223,090 91,385    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 13,766     13,766
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 22,408     20,328
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,177,388 776,649   240,231
25 Contributions, gifts, grants paid....... 9,459,133 9,459,133
26 Total expenses and disbursements. Add lines 24 and 25 10,636,521 776,649   9,699,364
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,235,627
b Net investment income (if negative, enter -0-) 11,857,922
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 10,897,426 11,593,945 11,593,945
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 196,966,526 Click to see attachment220,673,664 220,673,664
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 207,863,952 232,267,609 232,267,609
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) 7,043  
23 Total liabilities (add lines 17 through 22)......... 7,043 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 207,856,909 232,267,609
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 207,856,909 232,267,609
30 Total liabilities and net assets/fund balances (see instructions). 207,863,952 232,267,609
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
207,856,909
2
Enter amount from Part I, line 27a .....................
2
2,235,627
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
22,175,073
4
Add lines 1, 2, and 3 ..........................
4
232,267,609
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
232,267,609
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a SEE STIFEL NICOLAUS #23495389 P 2021-01-01 2021-12-31
b SEE STIFEL NICOLAUS #23495389 P 2020-01-01 2021-12-31
c SEE STIFEL NICOLAUS #17959392 P 2020-01-01 2021-12-31
d SEE STIFEL NICOLAUS #39320247 P 2021-01-01 2021-12-31
e SEE STIFEL NICOLAUS #39320247 P 2020-01-01 2021-12-31
SEE STIFEL NICOLAUS #39320324 P 2021-01-01 2021-12-31
SEE STIFEL NICOLAUS #39320324 P 2020-01-01 2021-12-31
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 34,732   73,835 -39,103
b 2,506,786   1,460,983 1,045,803
c 1,999,724   301,312 1,698,412
d 603,389   450,804 152,585
e 1,831,288   1,233,861 597,427
2,524,195   2,182,774 341,603
5,794,301   4,955,597 838,704
      31,655
      31,655
      31,655
      31,655
      31,655
      31,655
      31,655
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -39,103
b       1,045,803
c       1,698,412
d       152,585
e       597,427
      341,421
      838,704
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 7,334,411
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 164,825
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 164,825
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 129,862
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 83,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 212,862
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 477
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 47,560
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet47,560 RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see list of attachments....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see list of attachments....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see list of attachments
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletgianfortefoundation.org
    14
    The books are in care ofbulletSUSAN GIANFORTE Telephone no.bullet (406) 585-0604

    Located atbullet1320 MANLEY ROADBOZEMANMT ZIP+4bullet59715
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    GREG GIANFORTE TRUSTEE
    2.0     		0 0 0
    1320 MANLEY ROAD
    BOZEMAN,MT59715
    SUSAN GIANFORTE TRUSTEE
    4.0     		12,000 0 0
    1320 MANLEY ROAD
    BOZEMAN,MT59715
    RICHARD GIANFORTE TRUSTEE
    1.0     		0 0 0
    12317 102ND LANE NE
    KIRKLAND,WA98034
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    213,172,109
    b
    Average of monthly cash balances.......................
    1b
    6,558,201
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    219,730,310
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    219,730,310
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    3,295,955
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    216,434,355
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    10,821,718
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    10,821,718
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    164,825
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    164,825
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    10,656,893
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    10,656,893
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    10,656,893
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 10,656,893
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:2019, 2018, 2017 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 640,003
    b From 2017......  
    c From 2018...... 274,491
    d From 2019...... 494,510
    e From 2020...... 1,393,194
    f Total of lines 3a through e ........ 2,802,198
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 9,699,364
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 9,699,364
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 957,529 957,529
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,844,669
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		1,844,669
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019.... 451,475
    d Excess from 2020.... 1,393,194
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    GREG SUSAN GIANFORTE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    15-57 MINISTRIES
    1315 REMINGTON CREST DRIVE
    HOUSTON,TX77094     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 5,000
    A RAY OF HOPE
    46 5th AVE W
    KALISPELL,MT59901     		NONE PC CHARITABLE PURPOSE 20,000
    ADAPTIVE PERFORMANCE CENTER
    1420 BROADWATER AVE
    BILLINGS,MT59102     		NONE PC CHARITABLE PURPOSE 68,000
    AGAPE & ECCLESIA
    6612 N NEWGARD AVE APT 2
    CHICAGO,IL60626     		NONE PC CHARITABLE PURPOSE 2,000
    AJ BAIN FOUNDATION
    421 RIMROCK ROAD
    BILLINGS,MT59102     		NONE PC CHARITABLE PURPOSE 2,500
    ALLIANCE DEFENDING FREEDOM
    15100 N 90TH STREET
    SCOTTSDALE,AZ85260     		NONE CHARITABLE ORG CHARITABLE PURPOSE 50,000
    ALLIANCE FOR CHOICE IN EDUCATION
    1201 EAST COLFAX AVENUE STE 302
    DENVER,CO80218     		NONE PC CHARITABLE PURPOSE 889,250
    ALLIANCE FOR YOUTH
    3220 11TH AVE S
    GREAT FALLS,MT59405     		NONE PC CHARITABLE PURPOSE 25,000
    ALPHA USA
    1635 EMERSON LANE
    NAPERVILLE,IL60540     		NONE PC CHARITABLE PURPOSE 50,000
    AMERICAN COMPUTER MUSEUM
    PO BOX 7190
    BOZEMAN,MT59771     		NONE CHARITABLE ORG CHARITABLE PURPOSE 7,500
    AMERICAN JOBS FOR AMERICA'S YOUTH MT
    PO BOX 923
    HELENA,MT59624     		NONE PC CHARITABLE PURPOSE 10,000
    ASLAN YOUTH MINISTRIES
    257 HARDING RD
    RED BANK,NJ07701     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 70,000
    ASSOCIATION OF CLASSICAL CHRISTIAN SCHOOLS
    205 E 5TH ST
    MOSCOW,ID83843     		TRUSTEE CHARITABLE ORG. CHARITABLE PURPOSE 25,000
    ATLAS CULTURAL FOUNDATION
    300 RED TWIG LANE
    BOZEMAN,MT59715     		NONE PC CHARITABLE PURPOSE 1,000
    BALLANTINE UNITED LUNCH AND FOOD BOX PRO
    2264 4TH ST
    BALLATINE,MT59006     		NONE PC CHARITABLE PURPOSE 7,000
    BELGRADE COMMUNITY LIBRARY FOUNDATION
    106 N BROADWAY
    BELGRADE,MT59714     		NONE PC CHARITABLE PURPOSE 25,000
    BELGRADE SENIOR CENTER
    92 E CAMERON AVENUE
    BELGRADE,MT59714     		NONE PC CHARITABLE PURPOSE 3,000
    BETTER BILLINGS FOUNDATION
    PO BOX 50489
    BILLINGS,MT59105     		NONE PC CHARITABLE PURPOSE 10,000
    BILLINGS CATHOLIC SCHOOLS FOUNDATION
    PO BOX 31158
    BILLINGS,MT59107     		NONE PC CHARITABLE PURPOSE 50,000
    BOYS & GIRLS CLUB OF MISSOULA COUNTY
    1515 FAIRVIEW AVE SUITE 243
    MISSOULA,MT59801     		NONE PC CHARITABLE PURPOSE 8,145
    BOZEMAN ART MUSEUM
    2612 W MAIN ST STE B
    BOZEMAN,MT59718     		NONE PC CHARITABLE PURPOSE 5,000
    BOZEMAN HIGH SCHOOL ROBOTICS
    205 NORTH 11TH AVENUE
    BOZEMAN,MT59715     		NONE PC CHARITABLE PURPOSE 3,000
    BOZEMAN PRISON MINISTRIES
    2710 COTTONTAIL ROAD
    GALLATIN GATEWAY,MT59730     		NONE PC CHARITABLE PURPOSE 2,000
    BOZEMAN PUBLIC LIBRARY
    PO BOX 6242
    BOZEMAN,MT59771     		NONE PC CHARITABLE PURPOSE 1,000
    BOZEMAN SUNRISE ROTARY CLUB
    PO BOX 6523
    BOZEMAN,MT59771     		NONE PC CHARITABLE PURPOSE 10,000
    BOZEMAN SYMPHONY
    1001 W OAK ST STE 110
    BOZEMAN,MT59715     		NONE PC CHARITABLE PURPOSE 5,000
    BRAVEHEART CHAPLAIN MINISTRY
    PO BOX 1132
    KALISPELL,MT59903     		NONE PC CHARITABLE PURPOSE 8,500
    BUTTE CARES INC
    305 W MERCURY ST SUITE 301
    BUTTE,MT59701     		NONE PC CHARITABLE PURPOSE 3,190
    BUTTE LITERACY PROGRAM
    PO BOX 244
    BUTTE,MT59703     		NONE PC CHARITABLE PURPOSE 10,000
    BUTTE RESCUE MISSION
    610 E PLATINUM ST
    BUTTE,MT59701     		NONE PC CHARITABLE PURPOSE 35,000
    BUTTE SILVER BOW COUNCIL ON AGING
    615 E MERCURY ST
    BUTTE,MT59701     		NONE PC CHARITABLE PURPOSE 5,000
    BUTTE SPIRIT CENTER
    1053 POINT OF ROCKS RD
    WHITEHALL,MT59759     		NONE PC CHARITABLE PURPOSE 26,000
    CAMP BIGHORN
    1850 MONTANA HIGHWAY 135
    PLAINS,MT59859     		NONE PC CHARITABLE PURPOSE 2,000
    CATERING TO AFRICANS IN NEED
    105 LINDEN STREET 3RD FL
    NEW HAVEN,CT06511     		NONE PC CHARITABLE PURPOSE 9,000
    CHESTERTON HOUSE
    CORNELL UNIVERSITY PO BOX 4405
    ITHACA,NY14852     		NONE PC CHARITABLE PURPOSE 10,000
    CHILD BRIDGE
    PO BOX 310
    BIG FORK,MT59911     		NONE PC CHARITABLE PURPOSE 450,000
    CHOTEAU COUNTY FOOD BANK
    1020 13TH ST
    FORT BENTON,MT59442     		NONE PC CHARITABLE PURPOSE 5,000
    CODE GIRLS UNITED
    PO BOX 8272
    KALISPELL,MT59904     		NONE PC CHARITABLE PURPOSE 35,000
    COLLECTIVE CHICAGO
    1262 W ARGYLE ST
    CHICAGO,IL60640     		NONE PC CHARITABLE PURPOSE 80,000
    COMMUNIO
    5901 KINGSTOWNE VILLAGE PKWY STE 10
    ALEXANDRIA,VA22315     		NONE PC CHARITABLE PURPOSE 548,755
    COMMUNITY LEADERSHIP AND DEV INC
    PO BOX 3381
    BILLINGS,MT59103     		NONE PC CHARITABLE PURPOSE 740,094
    COMPASSION INTERNATIONAL
    12290 VOYAGER PKWY
    COLORADO SPRINGS,CO80921     		NONE PC CHARITABLE PURPOSE 1,000
    CONNECTIONS CHURCH
    5554 GRAND AVE
    BILLINGS,MT59106     		NONE PC CHARITABLE PURPOSE 1,100
    CORNERSTONE FAITH CENTER INC
    PO BOX 578
    ST IGNATIUS,MT59865     		NONE PC CHARITABLE PURPOSE 19,500
    CORPORATE AMERICA SUPPORTS YOU
    10 STONE FALCON CT
    LAKE SAINT LOUIS,MO63367     		NONE PC CHARITABLE PURPOSE -20,716
    CROWN FINANCIAL MINISTRY
    8331 E WALKER SPRINGS LANE SUITE 3
    KNOXVILLE,TN37923     		NONE PC CHARITABLE PURPOSE 50,000
    CRU MINISTRIES
    PO BOX 628222
    ORLANDO,FL328328222     		NONE PC CHARITABLE PURPOSE 123,000
    DAWSON COMMUNITY COLLEGE
    PO BOX 189
    DARBY,MT59829     		NONE PC CHARITABLE PURPOSE 50,000
    EAGLE MOUNT BOZEMAN
    6901 GOLDENSTEIN LANE
    BOZEMAN,MT59715     		NONE PC CHARITABLE PURPOSE 10,000
    ECHOZ PREGNANCY CARE CENTER
    1323 9TH AVE SOUTH
    GREAT FALLS,MT59404     		NONE PC CHARITABLE PURPOSE 25,000
    ED CHOICE
    111 MONUMENT CIRCLE SUITE 2650
    INDIANAPOLIS,IN46204     		NONE PC CHARITABLE PURPOSE 25,000
    EDIFY
    8825 AERO DR SUITE 220
    SAN DIEGO,CA92123     		NONE PC CHARITABLE PURPOSE 150,000
    ELIZABETH SMART FOUNDATION
    6337 HIGHLAND DRIVE 2056
    HOLLADAY,UT84121     		NONE PC CHARITABLE PURPOSE 3,000
    FAMILY INDEPENDENCE INITIATIVE
    PO BOX 71363
    OAKLAND,CA94612     		NONE PC CHARITABLE PURPOSE 100,000
    FAMILY LIFE MINISTRIES
    PO BOX 62822
    ORLANDO,FL32862     		NONE PC CHARITABLE PURPOSE 50,000
    FAMILY PROMISE OF GALLATIN VALLEY
    PO BOX 475
    BOZEMAN,MT59771     		NONE PC CHARITABLE PURPOSE 100,000
    FAMILY PROMISE OF GREATER HELENA
    PO BOX 939
    HELENA,MT59624     		NONE PC CHARITABLE PURPOSE 12,700
    FAMILY PROMISE OF YELLOWSTONE VALLEY
    10 S 26TH ST
    BILLINGS,MT59101     		NONE PC CHARITABLE PURPOSE 20,000
    FAMILY RESEARCH COUNCIL
    801 G STREET NW
    WASHINGTON,DC20001     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 50,000
    FATHERS IN THE FIELD
    6796 N FRANKLIN AVE
    LOVELAND,CO80538     		NONE PC CHARITABLE PURPOSE 100,000
    FELLOWSHIP OF CHRISTIAN ATHLETES
    526 STADLER
    HELENA,MT59601     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 50,000
    FELLOWSHIP OF CHRISTIAN COWBOYS
    PO BOX 573
    BELGRADE,MT59714     		NONE CHARITABLE ORG CHARITABLE PURPOSE 3,500
    FIGHT THE NEW DRUG
    1680 S MAIN ST
    SALT LAKE CITY,UT84115     		NONE PC CHARITABLE PURPOSE 20,000
    FIRST ALLIANCE CHURCH
    1835 CENTRAL AVE
    BILLINGS,MT59102     		NONE PC CHARITABLE PURPOSE 2,600
    FLATHEAD WARMING CENTER
    PO BOX 7142
    KALISPELL,MT59904     		NONE PC CHARITABLE PURPOSE 120,000
    FLORENCE CRITTENTON HOME & SERVICES
    901 NORTH HARRIS STREET
    HELENA,MT59601     		NONE PC CHARITABLE PURPOSE 20,000
    FOCUS ON THE FAMILY
    8605 EXPLORER WAY
    COLORADO SPRINGS,CO80920     		NONE PC CHARITABLE PURPOSE 50,000
    FRIENDS OF BUTTE VETS TREATMENT CENTER
    PO BOX 4354
    BUTTE,MT59702     		NONE PC CHARITABLE PURPOSE 45,929
    FRIENDSHIP HOUSE OF CHRISTIAN SERVICE
    3123 8TH AVE SOUTH
    BILLINGS,MT59101     		NONE PC CHARITABLE PURPOSE 35,000
    GALLATIN VALLEY FOUNDATION FOR ECON DEV
    2015 CHARLOTTE ST STE 1
    BOZEMAN,MT59718     		NONE PC CHARITABLE PURPOSE 2,500
    GALLATIN VALLEY YMCA
    3673 LOVE LANE
    BOZEMAN,MT59718     		NONE PC CHARITABLE PURPOSE 10,000
    GOOD SAMARITAN MINISTRIES & THRIFT STORE
    3067 N MONTANA AVE
    HELENA,MT59601     		NONE PC CHARITABLE PURPOSE 10,000
    GRACE BIBLE CHURCH
    3625 S 19TH STREET
    BOZEMAN,MT59718     		NONE PC CHARITABLE PURPOSE 206,000
    GREAT FALLS CHILDREN'S RECEIVING HOME
    PO BOX 1061
    GREAT FALLS,MT59403     		NONE PC CHARITABLE PURPOSE 6,000
    GREAT FALLS PUBLIC SCHOOLS
    2601 8TH ST NE
    GREAT FALLS,MT59404     		NONE PC CHARITABLE PURPOSE 5,000
    GREAT FALLS RESCUE MISSION
    408 2ND AVENUE SOUTH
    GREAT FALLS,MT59403     		NONE PC CHARITABLE PURPOSE 40,000
    GREATER IMPACT INC
    PO BOX 4199
    BOZEMAN,MT59772     		NONE PC CHARITABLE PURPOSE 25,000
    GREENHOUSE MOVEMENT
    2849 S KOLIN AVE
    CHICAGO,IL60623     		NONE PC CHARITABLE PURPOSE 2,000
    HABITAT FOR HUMANITY OF FLATHEAD
    2535 HWY 93 S
    KALISPELL,MT59901     		NONE PC CHARITABLE PURPOSE 7,500
    HABITAT FOR HUMANITY OF GREAT FALLS
    905 1ST AVENUE NORTH
    GREAT FALLS,MT59403     		NONE PC CHARITABLE PURPOSE 5,000
    HARVEST SPRINGS COMMUNITY CHURCH
    1001 36TH
    KALISPELL,MT59404     		NONE PC CHARITABLE PURPOSE 1,150
    HEART OF MONTANA LOVE
    214 WEST MAIN STREET SUITE 201
    LEWISTOWN,MT59457     		NONE PC CHARITABLE PURPOSE 10,000
    HELENA VALLEY FAITH CENTER
    PO BOX 785
    EAST HELENA,MT59635     		NONE PC CHARITABLE PURPOSE 1,100
    HER CAMPAIGN
    PO BOX 51451
    BILLINGS,MT59105     		NONE PC CHARITABLE PURPOSE 40,000
    HERITAGE CHRISTIAN SCHOOL
    4310 DURSTON RD
    BOZEMAN,MT59718     		NONE PC CHARITABLE PURPOSE 6,000
    HI-LINE PREGNANCY RESOURCE CENTER
    315 1ST STREET
    HAVRE,MT59501     		NONE PC CHARITABLE PURPOSE 10,000
    HILLSDALE COLLEGE
    33 E COLLEGE ST
    HILLSDALE,MI49242     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 12,500
    HOLTER MUSEUM OF ART
    12 E LAWRENCE ST
    HELENA,MT59601     		NONE PC CHARITABLE PURPOSE 1,000
    HOPA MOUNTAIN
    234 E BABCOCK SUITE E
    BOZEMAN,MT59715     		NONE PC CHARITABLE PURPOSE 20,000
    HOPE CENTER
    308 SPIRES WAY
    DIVIDE,MT59727     		NONE PC CHARITABLE PURPOSE 1,600
    HOPE CENTER MINISTRIES
    PO BOX 87
    CLANCY,MT59634     		NONE PC CHARITABLE PURPOSE 40,000
    HOPE PREGNANCY MINISTRIES
    1281 BURNS WAY
    KALISPELL,MT59901     		NONE PC CHARITABLE PURPOSE 25,000
    HUMAN RESOURCE DEV COUNCIL
    32 S TRACY AVE
    BOZEMAN,MT59715     		NONE PC CHARITABLE PURPOSE 50,000
    IMPACT MONTANA INC
    PO BOX 6061
    HELENA,MT59604     		NONE PC CHARITABLE PURPOSE 10,000
    INSPIRE PREGNANCY OUTREACH CENTER
    108 6TH AVE NORTH
    LEWISTOWN,MT59457     		NONE PC CHARITABLE PURPOSE 6,500
    INTERMOUNTAIN CHILDREN'S HOME
    500 SOUTH LAMBORN
    HELENA,MT59601     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 10,000
    INTERMOUNTAIN OPERA
    PO BOX 37
    BOZEMAN,MT59771     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 15,000
    INTERNATIONAL STUDENTS INC
    PO BOX C
    COLORADO SPRINGS,CO809013000     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 50,000
    INTERVARSITY CHRISTIAN FELLOWSHIP
    PO BOX 7895
    MADISON,WI53707     		NONE PC CHARITABLE PURPOSE 20,000
    KALEIDOSCOPE A THEATER AND ARTS CO-OP
    3443 LOVE LAND BARN
    BOZEMAN,MT59715     		NONE PC CHARITABLE PURPOSE 1,000
    KIDS HOPE USA
    201 W WASHINGTON AVE SUITE 20
    ZEELAND,MI49464     		NONE PC CHARITABLE PURPOSE 5,000
    LAVIE DBA BILLINGS CRISIS PREG CTR INC
    PO BOX 80146
    BILLINGS,MT59108     		NONE PC CHARITABLE PURPOSE 525,000
    LIGHTHOUSE CHRISTIAN HOME & SERVICES
    384 N SOMERS RD
    KALISPELL,MT59901     		NONE PC CHARITABLE PURPOSE 5,000
    LIGHTHOUSE COMMUNITY PARTNERS
    PO BOX 7121
    GREAT FALLS,MT59406     		NONE PC CHARITABLE PURPOSE 10,000
    LIVING HOPE CHURCH
    226 S 3RD STREET
    LIVINGSTON,MT59047     		NONE PC CHARITABLE PURPOSE 1,100
    LIVINGSTON FOOD PANTRY OF PARK COUNTY
    202 S 2ND ST
    LIVINGSTON,MT59047     		NONE PC CHARITABLE PURPOSE 10,000
    LOVE IN THE NAME OF CHRIST - GALLATIN CITY
    PO BOX 7117
    BOZEMAN,MT59771     		NONE PC CHARITABLE PURPOSE 50,000
    LOVE INC OF YELLOWSTONE COUNTY
    PO BOX 1254
    BILLINGS,MT59103     		NONE PC CHARITABLE PURPOSE 20,000
    LOVE THY NEIGHBOR
    PO BOX 847
    EATONTOWN,NJ07740     		NONE PC CHARITABLE PURPOSE 10,000
    MASTERS COLLEGE
    21726 PLACERITA CANYON RD
    SANTA CLARITA,CA91321     		NONE PC CHARITABLE PURPOSE 25,000
    MIGHTY OAKS FOUNDATION
    38397 INNOVATION COURT SUITE 101
    MURRIETA,CA92563     		NONE PC CHARITABLE PURPOSE 26,500
    MINISTRY TO STATE HELENA MONTANA
    5975 NORTH SLOPE
    HELENA,MT59602     		NONE PC CHARITABLE PURPOSE 2,000
    MISSIO DEI CHICAGO (UPTOWN)
    1242 W ADDISON
    CHICAGO,IL60613     		NONE PC CHARITABLE PURPOSE 4,000
    MISSION AVIATION FELLOWSHIP
    PO BOX 47
    NAMPA,ID83653     		NONE PC CHARITABLE PURPOSE 25,000
    MISSION VALLEY CHRISTIAN ACADEMY
    38907 HWY 35
    POISON,MT59860     		NONE PC CHARITABLE PURPOSE 291,546
    MISSOULA BOXING CLUB INC
    1633 SOUTH AVE
    MISSOULA,MT59801     		NONE PC CHARITABLE PURPOSE 10,000
    MISSOULA INTERFAITH COLLABORATIVE
    2205 34TH ST
    MISSOULA,MT59801     		NONE PC CHARITABLE PURPOSE 15,000
    MISSOULA ROBOTICS TEAM 3216
    901 SOUTH AVENUE WEST
    MISSOULA,MT59801     		NONE PC CHARITABLE PURPOSE 1,500
    MONTANA CHAMBER MUSIC SOCIETY
    PO BOX 1506
    BOZEMAN,MT59771     		NONE PC CHARITABLE PURPOSE 2,000
    MONTANA COUNCIL ON ECONOMIC EDUCATION
    PO BOX 1306
    HELENA,MT59624     		NONE PC CHARITABLE PURPOSE 1,000
    MONTANA FAMILY INSTITUTE
    PO BOX 494
    LAUREL,MT59044     		NONE PC CHARITABLE PURPOSE 205,500
    MONTANA FFA FOUNDATION INC
    502 S 19TH AVE STE 102
    BOZEMAN,MT59718     		NONE CHARITABLE ORG CHARITABLE PURPOSE 10,000
    MONTANA HIGHER ED STUD ASSIS CORP
    PO BOX 5209
    HELENA,MT59601     		NONE PC CHARITABLE PURPOSE 306,500
    MONTANA METH PROJECT
    PO BOX 8944
    MISSOULA,MT59807     		NONE PC CHARITABLE PURPOSE 200,000
    MONTANA SHAKESPEARE IN THE PARKS
    P O BOX 174120
    BOZEMAN,MT59717     		NONE PC CHARITABLE PURPOSE 36,000
    MONTANA STATE UNIVERSITY ALUMNI FOUNDATION
    1501 SOUTH 11TH AVENUE
    BOZEMAN,MT59717     		NONE CHARITABLE ORG CHARITABLE PURPOSE 250,000
    MONTANA THEATERWORKS - ELLEN THEATER
    PO BOX 28
    BOZEMAN,MT59771     		NONE PC CHARITABLE PURPOSE 50,000
    MORNING STAR BAPTIST CHURCH
    PO BOX 114
    LAME DEER,MT59043     		NONE PC CHARITABLE PURPOSE 2,500
    MOUNTAIN HOME
    2606 SOUTH AVE WEST
    MISSOULA,MT59804     		NONE PC CHARITABLE PURPOSE 20,000
    MOUNTAINSONG CHURCH
    PO BOX 1778
    BIGFORK,MT59911     		NONE PC CHARITABLE PURPOSE 1,100
    MSU EXTENSION OFFICE
    PO BOX 170535
    BOZEMAN,MT59717     		NONE PC CHARITABLE PURPOSE 1,000
    NACDC FINANCIAL SERVICES
    101 PATA ST
    BROWNING,MT59417     		NONE PC CHARITABLE PURPOSE 9,000
    NATIVE NATIONS CHAPLAINCY ALLIANCE
    117 7TH AVE WEST
    ROUNDUP,MT59072     		NONE PC CHARITABLE PURPOSE -1,735
    NEW HOPE CLINIC
    320 S IDAHO ST
    BUTTE,MT59701     		NONE PC CHARITABLE PURPOSE 13,000
    NEW HOPE PREGNANCY SUPPORT CTR OF DILLON
    610 N MONTANA ST 6
    DILLON,MT59725     		NONE PC CHARITABLE PURPOSE 15,500
    OMF INTERNATIONAL
    10 W DRY CREEK
    LITTLEON,CO80120     		NONE PC CHARITABLE PURPOSE 3,000
    ONE VALLEY COMMUNITY FOUNDATION
    1627 W MAIN STREET BOX 404
    BOZEMAN,MT59715     		NONE PC CHARITABLE PURPOSE 1,500
    OPTION WOMEN'S CLINIC
    1005 PARTRIDGE PLACE STE 1
    HELENA,MT59602     		NONE PC CHARITABLE PURPOSE 25,000
    OUTFITTERS FOR CHRIST
    PO BOX 140
    YAMPA,CO80483     		NONE PC CHARITABLE PURPOSE 15,000
    OUTREACH CLINIC OF MILES CITY
    PO BOX 596
    MILES CITY,MT59301     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 24,980
    PETRA ACADEMY
    4720 CLASSICAL WAY
    BOZEMAN,MT59718     		NONE PC CHARITABLE PURPOSE 46,418
    PHILANTHROPY ROUNDTABLE
    1120 20TH STREET SUITE 550 SOUTH
    WASHINGTON,DC20036     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 25,000
    PROMISE686
    19 HOLCOMB BRIDGE ROAD
    NORCROSS,GA30071     		NONE PC CHARITABLE PURPOSE 10,000
    RAFIKI FOUNDATION
    23315 COUNTY RD 44 A
    EUSTIS,FL32736     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 250,000
    REBOOT ALLIANCE
    PO BOX 381
    PLEASANT VIEW,TN37146     		NONE PC CHARITABLE PURPOSE 18,750
    RIPE FOR HARVEST
    PO BOX 487
    MONUMENT,CO80132     		NONE PC CHARITABLE PURPOSE 4,000
    RIVER OF LIFE MINISTRIES
    4007 HWY 200 E
    MISSOULA,MT59802     		NONE PC CHARITABLE PURPOSE 2,650
    ROC WHEELS
    PO BOX 11765
    BOSEMAN,MT59719     		NONE PC CHARITABLE PURPOSE 44,000
    ROCKY MOUNTAIN BALLET THEATER
    2704 BROOKS
    MISSOULA,MT59801     		NONE PC CHARITABLE PURPOSE 10,000
    SAMARITAN HOUSE INC
    124 9TH AVE WEST
    KALISPELL,MT59901     		NONE PC CHARITABLE PURPOSE 5,000
    SKILLSUSA MONTANA
    PO BOX 1970
    HAVRE,MT59501     		NONE PC CHARITABLE PURPOSE 7,500
    SPARROW'S NEST OF NORTHWEST MT
    PO BOX 8384
    KALISPELL,MT59904     		NONE PC CHARITABLE PURPOSE 20,000
    SPARROW'S VINE
    PO BOX 864
    SEELY LAKE,MT59868     		NONE PC CHARITABLE PURPOSE 14,000
    SPECIAL OLYMPICS MONTANA
    710 1ST AVENUE NORTH
    GREAT FALLS,MT59401     		NONE PC CHARITABLE PURPOSE 20,000
    ST CATHERINE CLINIC AND PREG RES CTR
    15 EAST MAIN STREET
    BELGRADE,MT59714     		NONE PC CHARITABLE PURPOSE 36,000
    SUMMIT CAREER CENTER
    100 FORT OWEN RANCH ROAD
    STEVENSVILLE,MT59870     		NONE PC CHARITABLE PURPOSE 80,000
    SUNRISE WOMEN'S CLINIC
    PO BOX 1086
    SIDNEY,MT59270     		NONE PC CHARITABLE PURPOSE 20,000
    T-6 ADVANCED TRAINING & CAREER DEV
    36 EAST FORK RD
    BIG TIMBER,MT59011     		NONE PC CHARITABLE PURPOSE 18,000
    THE CHILDREN'S SHAKESPEARE SOCIETY
    1627 W MAIN ST 281
    BOZEMAN,MT59715     		NONE PC CHARITABLE PURPOSE 5,000
    THE LIFEGUARD GROUP
    13320 BUNCHGRASS LANE
    MISSOULA,MT59808     		NONE PC CHARITABLE PURPOSE 500,000
    THE NAVIGATORS
    3820 N 30TH ST
    COLORADO SPRINGS,CO80904     		NONE PC CHARITABLE PURPOSE 3,000
    THE PHOENIX
    2239 CHAMPA ST
    DENVER,CO80205     		NONE PC CHARITABLE PURPOSE 10,000
    THE ROCK YOUTH CENTER
    214 N 11TH
    BOZEMAN,MT59715     		NONE PC CHARITABLE PURPOSE 45,400
    THE SALVATION ARMY A CALIFORNIA CORP
    1370 PENNSYLVANIA ST
    DENVER,CO80203     		NONE PC CHARITABLE PURPOSE 10,000
    THE SALVATION ARMY NORTHWEST DIV
    111 QUEEN ANNE AVE N 300
    SEATTLE,WA98109     		NONE PC CHARITABLE PURPOSE 25,000
    THE VERITAS FORUM
    PO BOX 380807
    CAMBRIDGE,MA02238     		NONE PC CHARITABLE PURPOSE 135,000
    TIKKUN OLAM MINISTRIES
    PO BOX 999
    FORT BENTON,MT59442     		NONE PC CHARITABLE PURPOSE 40,000
    TRINITY LUTHERAN CHURCH
    400 W CALIFORNIA ST
    KALISPELL,MT59901     		NONE PC CHARITABLE PURPOSE 1,100
    TRUE NORTH 406 MINISTRIES
    345 EAST BOWMAN DR
    KALISPELL,MT59901     		NONE PC CHARITABLE PURPOSE 10,000
    UNION GOSPEL MISSION OF MISSOULA
    PO BOX 306
    MISSOULA,MT59806     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 80,000
    UNIVERSITY OF MONTANA FOUNDATION
    PO BOX 7159
    MISSOULA,MT59807     		NONE PC CHARITABLE PURPOSE 182,927
    VALLEY CHRISTIAN SCHOOL
    2526 SUNSET LANE
    MISSOULA,MT59804     		NONE PC CHARITABLE PURPOSE 20,000
    VALLEY FELON-AID
    146 BIRCH ST
    HAMILTON,MT59840     		NONE PC CHARITABLE PURPOSE 25,000
    VIETNAM VETS OF AMERICA CHAPTER 788
    PO BOX 7226
    BOZEMAN,MT59771     		NONE PC CHARITABLE PURPOSE 5,000
    WARRIORS AND QUIET WATERS FOUNDATION
    351 EVERGREEN DR STE A
    BOZEMAN,MT59715     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 2,500
    WATSON CHILDREN'S SHELTER
    4978 BUCKHOUSE LANE
    MISSOULA,MT59804     		NONE PC CHARITABLE PURPOSE 50,000
    YELLOWSTONE BOYS & GIRLS RANCH FOUNDATION
    PO BOX 80807
    BILLINGS,MT59108     		NONE PC CHARITABLE PURPOSE 10,000
    YELLOWSTONE COUNTY DUI TASK FORCE
    316 NORTH 26TH ST
    BILLINGS,MT59101     		NONE PC CHARITABLE PURPOSE 1,500
    YES YOUTH EMPOWERMENT SERVICES
    1410 W PARK PO BOX 686
    ANANCONDA,MT59711     		NONE CHARITABLE ORG. CHARITABLE PURPOSE 10,000
    YOUNG LIFE
    PO BOX 520
    COLORADO SPRINGS,CO80901     		NONE PC CHARITABLE PURPOSE 28,000
    YOUTH ENTERPRENEURS INC
    4111 E 37TH ST N D101
    WICHITA,KS67220     		NONE PC CHARITABLE PURPOSE 174,000
    ZOECARE
    2251 W KAGY BLVD 2
    BOZEMAN,MT59718     		NONE PC CHARITABLE PURPOSE 38,500
    Total .................................bullet 3a 9,459,133
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 7,334,411  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aORDINARY INCOME OTHER INVESTMENTS-MARK TO MARKET     		    18 1,673,219  
    bORDINARY INCOME OTHER INVESTMENTS     18 242,991  
    cRETURNED GRANTS     41 2,800  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   12,872,148  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    12,872,148
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 DepreciationSchedule
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN:
    30-6089834
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 InvestmentsOtherSchedule2
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN:
    30-6089834
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIXED INCOME MUTUAL FUNDS FMV 19,400,154 19,400,154
    HARDING LOEVNER EQUITIES FMV 19,258,883 19,258,883
    INDEX ACCOUNT FMV 84,809,238 84,809,238
    NEW SOUTH SMALL CAP FMV 11,829,422 11,829,422
    LIGHTHOUSE GLOBAL FMV 5,504,343 5,504,343
    OLD KINGS FMV 11,562,874 11,562,874
    ISHARES RUSSELL 2000 GROWTH FMV 14,475,558 14,475,558
    WHIPPOORWILL FMV 1,496,344 1,496,344
    PARAMETRIC FMV 24,081,582 24,081,582
    VANGUARD EMERGING MARKETS FMV 7,952,077 7,952,077
    INTERNATIONAL MUTUAL FUNDS FMV 9,583,731 9,583,731
    TPG OPPORTUNITIES FMV 144,291 144,291
    HARBORVEST GLOBAL 2015 FD FMV 1,854,447 1,854,447
    HARBORVEST GLOBAL 2019 FD FMV 2,214,448 2,214,448
    MARATHON EUROPEAN CREDIT OPPOR FMV 2,915,448 2,915,448
    EJF TRUST PREFERRED FMV 592,451 592,451
    SUMMIT PARTNERS FMV 1,436,456 1,436,456
    TOP IV AIV FMV 406,350 406,350
    TSSP OPP PARTNERS IV FMV 1,155,567 1,155,567

    TY 2021 OtherExpensesSchedule
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN:
    30-6089834
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES & SUBSCRIPTIONS 12,264     12,264
    OFFICE SUPPLIES 1,223     1,223
    POSTAGE/DELIVERY 267     267
    WORKERS COMP INSURANCE 981      
    MARKETING FEES 606     606
    MT FILING FEE 20     20
    MISCELLANEOUS 787     787
    PAYROLL EXPENSES 74      
    LIABILITY INSURANCE 1,025      
    ENRICHMENT PROGRAM EXPENSES 5,161     5,161


    TY 2021 OtherIncomeSchedule2
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN:
    30-6089834
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    WHIPPORWILL DIST OPPTY (SEE FORM 8621) 90,270 90,270  
    OLD KINGS CAPITAL (SEE FORM 8621) 1,516,256 1,516,256  
    LIGHTHOUSE GLOBAL(SEE FORM 8621) 0 0  
    MARATHON EC OPPTY FD III(SEE FORM 8621) 66,693 66,693  
    TPG MARKETS IIB SF AIV (SEE FORM 8621 0 0  
    SUMMIT PARTNERS GROWTH EQUITY FUND 41,438 41,438  
    EJF TRUST (see Form 8621) 4,824 4,824  
    TOP IV DELAWARE AIV I-B 71,066 71,066  
    TSSP OPPORTUNITIES PARTNERS IV (B) LP 24,699 24,699  
    RETURNED GRANTS FROM PRIOR YEAR 2,800    
    HARBOURVEST 2019 (See Form 8621) 100,124 100,124  
    SIXTH STREET/TPG OPPORTUNITIES II 840 840  


    TY 2021 OtherIncreasesSchedule
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN:
    30-6089834
    Description Amount
    UNREALIZED GAIN & BOOK TAX DIFFERENCES 22,175,073


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN:
    30-6089834
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MGT FEES 584,754 584,754    
    PORTFOLIO DEDUCTIONS THRU K1S 86,302 84,241    
    CONSULTING 45,550     45,550
    CONTRACT LABOR 12,381     12,381
    STIFFEL NICOLAUS INV EXPENSES 15,042 15,042    


    TY 2021 TaxesSchedule
    Name:
    GIANFORTE FAMILY CHARITABLE TRUST
    EIN:
    30-6089834
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX ON DIVIDENDS 91,385 91,385    
    EXCISE TAX-EST TAX PMTS 120,000      
    PAYROLL TAXES 11,705