EIN 81-0250363

Montana Tech Foundation

IRS 501(c) type
501(c)(3)
Num. employees
9
City
Butte
State
Year formed
1967
Most recent tax filings
2023-06-01
Description
The Montana Tech Foundation advances 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, operations, and endowment. The Foundation provides the university with private dollars to connect students to a network of people, opportunities, and experiences that empower them to change the world.
Also known as...
Montana Technological University Foundation
Total revenues
$43,480,742
2023
Total expenses
$12,320,425
2023
Total assets
$100,387,232
2023
Num. employees
9
2023

Program areas at Montana Tech Foundation

The Montana Technological University Foundation provided the Montana Technological University with private dollars to advance its mission to connect students to a network of people, opportunities and experience that empower them to change the world. The Foundation provided $2 million in scholarships to 569 students and $8 million to assist departments with purchases of equipment, supplies and faculty support.

Grants made by Montana Tech Foundation

GranteeGrant descriptionAmount
Montana Tech Alumni AssociationGeneral Operations$14,602

Who funds Montana Tech Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$188,500
National Philanthropic TrustEducation$138,250
The Ayco Charitable FoundationEducation$81,000
...and 19 more grants received totalling $719,397

Personnel at Montana Tech Foundation

NameTitleCompensation
Jaime HepplerChief Executive Officer$79,913
Deanna JohnsonChief Finance Officer / Chief Financial Officer / Finance Director / Accounting and Budget Director$97,774
Luke MeyerVice President of Development , Major Gifts$103,574
Michael BarthExecutive Director$119,224
Shannon PaniskoSenior Director of Development , Leadership and Annual Giving
...and 10 more key personnel

Financials for Montana Tech Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$42,903,714
Program services$0
Investment income and dividends$71,950
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$337,982
Net income from fundraising events$111,712
Net income from gaming activities$9,441
Net income from sales of inventory$0
Miscellaneous revenues$45,943
Total revenues$43,480,742

Form 990s for Montana Tech Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-06990View PDF
2022-062023-05-10990View PDF
2021-062022-04-13990View PDF
2020-062021-05-11990View PDF
2019-062021-01-21990View PDF
...and 9 more Form 990s
Data update history
August 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 15, 2024
Received grants
Identified 4 new grant, including a grant for $45,000 from Centerpoint Energy Foundation
July 11, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 10 new grant, including a grant for $2,000,000 from Nucor Charitable Foundation
November 7, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
School foundationsGrantmaking organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationProvides grantsFundraising eventsOperates internationallyState / local levelEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
1300 W Park St
Butte, MT 59701
County
Silver Bow County, MT
Website URL
foundation.mtech.edu/ 
Phone
(406) 496-4615
IRS details
EIN
81-0250363
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1967
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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