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Montana Technological University Foundation

Public charity990-T FY2023
DBA: FOUNDATION
Other · BUTTE, MT · EIN 81-0250363

About

The mission of the montana TECH foundation is to advance the teaching, research, and public service endeavors of montana technological university by generating private contributions to supplement the institution's state and federal revenues for capital, operating, and student assistance funds. Established in 1967 under state of montana law, the foundation is the catalyst and conduit through which gifts and endowment income FLOW to provide immediate and long-term support for montana technological university and ALL of its programs. The foundation is a mechanism through which private support is raised and managed for the SOLE benefit of montana technological university. Overseen by a board of directors and staffed by a team of development professionals, the foundation administers ALL gifts in a business-like manner in accordance with donors' wishes.

DBA Foundation

Donations are tax-deductible
Category
Other
Employees
13
Volunteers
15

Financial Snapshot

FY ending 2024-06-30
Revenue
$9.8M
Expenses
$6.3M
Assets
$109.6M
Liabilities
$384K

Financial history

$43.5M$21.7M$0
1718192021222324
RevenueExpenses
Latest FY2024: $9.8M · Peak FY2023: $43.5M · Avg: $14.9M

Foreign activity (Schedule F)

Total spent abroad$11.0M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$3.4M
MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION
Your actions

Address

1300 W Park ST
Butte, MT, 59701-895

Governance

Voting board members13
Independent members13
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %1.0%
Permanent endowment %84.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.