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Montana · Nonprofit

YELLOWSTONE FOREVER

YELLOWSTONE FOREVER (Montana) receives grants from 248 organizations whose IRS filings report $17,220,133 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,012,520). 151 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$42M
Funders on record
248
Grants received
$17M
Net assets
$69M
151/248 repeat funderspeak grant-dependency 20%
01What it does

What Yellowstone Forever does

Mission

Yellowstone Forever ("yf") serves as the official non-profit partner for yellowstone national park ("park"). Yf's purpose is to provide grants and in-kind support to the park through philanthropic and educational initatives

As stated on its FY2025 Form 990.

Programs

  1. Yellowstone Forever funds priority projects that protect yellowstone's ecosystem and wildlife, preserve the park's heritage, history, and trails and enhance visitor experiences and education. Wildlife grant funding supported native fish restoration; grizzly bear, wolf and cougar research; and a variety of species of birds that are critical to yellowstone's natural ecosystem. In partnership with the national park service (nps) and through tribal consultation, Yellowstone Forever (yf) leads the operations and programming of the yellowstone tribal heritage center. Located at old faithful, the center serves as a vital space where indigenous artists, scholars, and presenters from the 27 associated tribes of yellowstone national park directly engage with visitors through education and engagement. During the summer, approximately 320,000 visitors experienced the center. The center hosted 33 tribal demonstrators and featured a total of 155 artist days. Presenters represented 19 of the 27 tribes associated with the park. Through diverse demonstrations, the center provides a unique platform for cultural exchange and enhancing visitor understanding.

    $13,115,300 spentof which $12,534,004 as grants
    70% of program spending
  2. Yellowstone Forever (yf) offers transformative educational programming that fosters a deep connection to the wildlife, geology, and cultural history of yellowstone national park. Our extensive array of programs provides unparalleled opportunities for individuals of all ages to experience and appreciate yellowstone. Collaborating closely with the national park service (nps), we ensure the highest quality educational experiences with the intent to create future stewards who are deeply committed to preserving and protecting this iconic national treasure. This year, approximately 4,273 visitors participated in yf educational programs, resulting in a total of 54,531 contact hours, demonstrating our significant impact on enhancing public understanding and appreciation of the greater yellowstone ecosystem.

    $2,705,026 spent$2,124,317 earned by the program
    14% of program spending
  3. Yellowstone Forever (yf) had over 327,673 transactions at 11 stores (9 in the park, 1 in gardiner, mt and 1 at quake lake visitor center). Visitors to yellowstone national park and the surrounding area purchased trip planning materials, educational games, art, apparel, outdoor gear, books, and collectibles. Several of the items sold are one-of-a-kind or produced directly by yf. All items sold by yf in the stores are approved by the national park service and help foster a deeper understanding, appreciation, and enjoyment of yellowstone and its surrounding ecosystem. Every purchase supports vital projects and programs in yellowstone national park.

    $2,919,073 spentof which $11,896 as grants$4,860,530 earned by the program
    16% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $18,739,399.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.3M) Expenses 100 ($5.7M) Net assets 100 ($20M)2018 Revenue 299 ($16M) Expenses 308 ($17M) Net assets 92 ($19M)2019 Revenue 286 ($15M) Expenses 335 ($19M) Net assets 72 ($15M)2020 Revenue 270 ($14M) Expenses 303 ($17M) Net assets 58 ($12M)2021 Revenue 204 ($11M) Expenses 136 ($7.7M) Net assets 74 ($15M)2022 Revenue 469 ($25M) Expenses 171 ($9.7M) Net assets 149 ($30M)2023 Revenue 397 ($21M) Expenses 240 ($14M) Net assets 184 ($37M)2024 Revenue 402 ($21M) Expenses 255 ($14M) Net assets 217 ($44M)2025 Revenue 788 ($42M) Expenses 298 ($17M) Net assets 342 ($69M)
'17'18'19'20'21'22'23'24'25
Revenue (788)Expenses (298)Net assets (342)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $46M to $71M (+54%).

$22M
$20M
$18M
$17M
$20M
$32M
$39M
$46M
$71M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 2% · 2022 10% · 2023 3% · 2024 2% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

82% of YELLOWSTONE FOREVER’s revenue is contributions — about as donation-reliant as the typical peer (87% for the typical peer).

This organization
Typical peer · 364 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$380k
’17
−$1.6M
’18
−$3.8M
’19
−$2.9M
’20
$3.1M
’21
$15M
’22
$7.4M
’23
$6.8M
’24
$25M
’25
33
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Lisa Diekmann

President & CEO

Board chair

Doug Spencer

Chair of the board

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed322822242624222221
Joined·+12+6+5+7+2+3+2+3
No longer listed·1612354524
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 36 funders to 108 funders, grant income rose $404k → $2.0M.

35 of 248 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of YELLOWSTONE FOREVER’s funders (the co-funder graph). Top 30 of 248 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

YELLOWSTONE FOREVER has a broad base — no single funder exceeds 17% of grant income, and it takes 8 funders to reach half.

the vertical line marks half of all grant income — 8 funders to its left

53% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund YELLOWSTONE FOREVER.

17%
largest funder
32%
top three
~18
effective funders

Largest funder’s share by year: 2017 19% · 2018 10% · 2019 16% · 2020 26% · 2021 23% · 2022 13% · 2023 18% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of YELLOWSTONE FOREVER's funders are still giving 3 years after their first grant; 61% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

51% of YELLOWSTONE FOREVER's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $8.4M that is directly attributable, 94% of it comes from funders outside Montana, across 36 states.

NH
WA
MT
MN
IL
WI
MI
NY
MA
OR
NV
WY
IA
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
VA
MD
DE
AZ
TN
NC
DC
OK
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Montana out of state home

Funder states come from each funder’s own filing. $8.8M arriving through sponsors registered in 23 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

YELLOWSTONE FOREVER runs a healthier operating margin than three-quarters of the 210 environment nonprofits its size.

Operating margin60% · top quartile
Months of reserve33.4mo · top quartile
Revenue growth (annualized)29% · top quartile

this organization peer median middle 50% of peers· 210 environment nonprofits $10M–$100M, FY2025

Organizations like YELLOWSTONE FOREVER

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Montana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

63% of spending goes to programs.

Program 63%Management 18%Fundraising 19%

Governance

15
board members
93%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 32 states

NH
ND
MN
IL
WI
MI
NY
MA
OR
OH
PA
NJ
RI
CA
UT
CO
MO
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
HI
MS
AL
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for YELLOWSTONE FOREVER: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds YELLOWSTONE FOREVER?
YELLOWSTONE FOREVER (Montana) receives grants from 248 organizations whose IRS filings report $17,220,133 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,012,520). 151 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does YELLOWSTONE FOREVER have?
IRS filings report 248 organizations giving $17,220,133 in grants to YELLOWSTONE FOREVER, 151 of which have funded it in more than one year.
Who is the largest funder of YELLOWSTONE FOREVER?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $3,012,520 in grants. The full list of funders is on this page.
How can an organization like YELLOWSTONE FOREVER find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Montana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 248 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing