Margaret V Ping Foundation

Billings, MT
Tax exemption issued: June 2009
EIN: 26-4347667

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2025

Revenue

$99,955

Expenses

$107,463

Net Income

-$7,508

Net Assets

$583,826

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$500	0.5%
Interest Revenue	$0
Dividends	$17,315	17.3%
Sales of Assets	$82,140	82.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$99,000	92.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$592,119
Total Liabilities	$8,293
Net Assets	$583,826

Compensation

Key Employees and Officers	Compensation	Other
Candace Forrette (President)	$0	$0
Valerie Mcmurtry (Vice President)	$0	$0
Ed Gulick (Secretary)	$0	$0
Mark Moak (Treasurer)	$0	$0

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990-PF

Filed on May 14, 2026

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2024

Revenue

$78,835

Expenses

$103,188

Net Income

-$24,353

Net Assets

$594,084

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$500	0.6%
Interest Revenue	$0
Dividends	$18,013	22.8%
Sales of Assets	$60,322	76.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$95,000	92.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$603,847
Total Liabilities	$9,763
Net Assets	$594,084

Compensation

Key Employees and Officers	Compensation	Other
Candace Forrette (President)	$0	$0
Valerie Mcmurtry (Vice President)	$0	$0
Ed Gulick (Secretary)	$0	$0
Mark Moak (Treasurer)	$0	$0

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990-PF

Filed on Aug. 11, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2023

Revenue

$37,169

Expenses

$101,580

Net Income

-$64,411

Net Assets

$639,837

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$853	2.3%
Interest Revenue	$0
Dividends	$17,712	47.7%
Sales of Assets	$18,604	50.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$93,000	91.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$653,837
Total Liabilities	$14,000
Net Assets	$639,837

Compensation

Key Employees and Officers	Compensation	Other
Candace Forrette (President)	$0	$0
Valerie Mcmurtry (Vice President)	$0	$0
Ed Gulick (Secretary)	$0	$0
Mark Moak (Treasurer)	$0	$0

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990-PF

Filed on May 2, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$35,686

Expenses

$98,093

Net Income

-$62,407

Net Assets

$704,248

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10,825	30.3%
Interest Revenue	$0
Dividends	$13,941	39.1%
Sales of Assets	$10,920	30.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$88,500	90.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$714,248
Total Liabilities	$10,000
Net Assets	$704,248

Compensation

Key Employees and Officers	Compensation	Other
Candace Forette (President)	$0	$0
Valerie Mcmurtry (Vice President)	$0	$0
Edward Gulick (Secretary)	$0	$0
Mark Moak (Treasurer)	$0	$0

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990-PF

Filed on Oct. 20, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2021

Revenue

$70,470

Expenses

$101,336

Net Income

-$30,866

Net Assets

$766,655

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$500	0.7%
Interest Revenue	$0
Dividends	$15,900	22.6%
Sales of Assets	$54,070	76.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$90,000	88.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$766,655
Total Liabilities	$0
Net Assets	$766,655

Compensation

Key Employees and Officers	Compensation	Other
Candace Forette (President)	$0	$0
Valerie Mcmurtry (Vice President)	$0	$0
Edward Gulick (Secretary)	$0	$0
Mark Moak (Treasurer)	$0	$0

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990-PF

Filed on Oct. 26, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$48,926

Expenses

$96,142

Net Income

-$47,216

Net Assets

$797,520

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$500	1.0%
Interest Revenue	$0
Dividends	$12,034	24.6%
Sales of Assets	$36,081	73.7%
Other Income	$311	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$86,600	90.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$797,521
Total Liabilities	$1
Net Assets	$797,520

Compensation

Key Employees and Officers	Compensation	Other
Candace Forette (President)	$0	$0
Valerie Mcmurtry (Vice President)	$0	$0
Edward Gulick (Secretary)	$0	$0
Mark Moak (Treasurer)	$0	$0

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990-PF

Filed on July 20, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$35,529

Expenses

$97,845

Net Income

-$62,316

Net Assets

$844,736

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,165	3.3%
Interest Revenue	$0
Dividends	$16,849	47.4%
Sales of Assets	$17,013	47.9%
Other Income	$502	1.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$88,300	90.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$844,737
Total Liabilities	$1
Net Assets	$844,736

Compensation

Key Employees and Officers	Compensation	Other
Candace Forette (President)	$0	$0
Valerie Mcmurtry (Vice President)	$0	$0
Edward Gulick (Secretary)	$0	$0
Mark Moak (Treasurer)	$0	$0

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990-PF

Filed on May 12, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$77,986

Expenses

$141,852

Net Income

-$63,866

Net Assets

$907,555

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,828	3.6%
Interest Revenue	$0
Dividends	$15,939	20.4%
Sales of Assets	$58,608	75.2%
Other Income	$611	0.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$133,345	94.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$907,555
Total Liabilities	$0
Net Assets	$907,555

Compensation

Key Employees and Officers	Compensation	Other
Candace Forette (President)	$0	$0
Valerie Mcmurtry (Vice President)	$0	$0
Edward Gulick (Secretary)	$0	$0
June Genger (Treasurer)	$0	$0

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990-PF

Filed on May 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$30,671

Expenses

$70,507

Net Income

-$39,836

Net Assets

$361,184

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$8,285	27.0%
Sales of Assets	$22,386	73.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$64,950	92.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$361,184
Total Liabilities	$0
Net Assets	$361,184

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$63,459

Expenses

$83,169

Net Income

-$19,710

Net Assets

$401,165

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$11,658	18.4%
Sales of Assets	$51,617	81.3%
Other Income	$184	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$76,000	91.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$401,165
Total Liabilities	$0
Net Assets	$401,165

Compensation

Key Employees and Officers	Compensation	Other
Candace Forrette (President)	$0	$0
Edward Gulick (Vice-preside)	$0	$0
Margaret Ping (Secretary)	$0	$0
June Genger (Treasurer)	$0	$0

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990-PF

Filed on Aug. 13, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$87,203

Expenses

$77,352

Net Income

$9,851

Net Assets

$421,223

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$10,510	12.1%
Sales of Assets	$76,520	87.7%
Other Income	$173	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$71,520	92.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$421,223
Total Liabilities	$0
Net Assets	$421,223

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$40,204

Expenses

$81,609

Net Income

-$41,405

Net Assets

$411,357

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4	0.0%
Dividends	$11,971	29.8%
Sales of Assets	$27,948	69.5%
Other Income	$281	0.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$75,950	93.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$411,358
Total Liabilities	$1
Net Assets	$411,357

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$20,329

Expenses

$74,554

Net Income

-$54,225

Net Assets

$452,763

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7	0.0%
Dividends	$11,447	56.3%
Sales of Assets	$8,567	42.1%
Other Income	$308	1.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$65,800	88.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$452,763
Total Liabilities	$0
Net Assets	$452,763

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
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Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
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Updated October 22, 2026

Margaret V Ping Foundation

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Dec. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

Fiscal Year Ending Dec.
2025

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009