Mars & Verna Rolfson Scholarship Trust
Accepts applications
Mars & Verna Rolfson Scholarship Trust is a private foundation in Billings, Montana. In tax year 2025 it gave $23,000 in 7 grants; the typical grant was $2,000 and the largest $6,500. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$23,000
- Number of grants7
- Typical grant$2,000
- Largest grant$6,500
- Assets$551,206
- New grantees100%
Giving in 2025 was up from $19,000 the year before.
100% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $22,500 | 10 | $491,168 |
| 2024 | $19,000 | 9 | $504,344 |
| 2025 | $23,000 | 7 | $551,206 |
How to apply
| Contact | First Interstate Wealth Management PO Box 1299, Polson, MT 59860 |
|---|---|
| Phone or email | (406) 883-8813 |
| Deadlines | April 1 of each year |
| Restrictions | Available to seniors & graduates of polson high school for any accredited college, university, technical or vocational training school |
What Mars & Verna Rolfson Scholarship Trust funds
Where it gives
Its grants went to recipients in 2 states, the most to Montana.
| State | Grants | Amount |
|---|---|---|
| Montana | 5 | $14,500 |
| Washington | 2 | $8,500 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Montana Tech FBO T Wilson | Scholarship | $6,500 |
| Pacific Lutheran University FBO A Hertz | Scholarship | $6,500 |
| Flathead Valley Community College FBO E Benson | Scholarship | $2,000 |
| Msu - Northern FBO G Wilmar | Scholarship | $2,000 |
| Msu - Bozeman FBO D Montgomery | Scholarship | $2,000 |
| Msu - Northern FBO C Smith | Scholarship | $2,000 |
| Spokane Falls Community College FBO S Rensvold | Scholarship | $2,000 |
Officers and trustees
- First Interstate Bank
Questions people ask
Does Mars & Verna Rolfson Scholarship Trust accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: April 1 of each year.
How much does Mars & Verna Rolfson Scholarship Trust give?
$23,000 in tax year 2025, across 7 grants, with a typical grant of $2,000.
Who runs Mars & Verna Rolfson Scholarship Trust?
Its 2025 filing lists First Interstate Bank (Trustee).
What does Mars & Verna Rolfson Scholarship Trust fund?
Based on its grants, mainly education.