Montana Land Reliance Foundation
- Assets
- $33.2m
- Revenue
- $11.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Helena, MT
- Founding
- 02/2010
- Data as of
- 12/2021
- EIN
- 27-1125289
Organization Overview
Montana Land Reliance Foundation is located in Helena, MT. The organization was established in 2010. According to its NTEE Classification (C11) the organization is classified as: Single Organization Support, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montana Land Reliance Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Montana Land Reliance Foundation generated $11.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.9% each year . All expenses for the organization totaled $594.3k during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S PURPOSE IS TO PROVIDE SERVICES TO AND HOLD TITLE TO ASSETS USED TO SUPPORT THE CHARITABLE PROGRAMS OF THE MONTANA LAND RELIANCE (MLR). THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF, AND TO CARRY OUT THE CHARITABLE PURPOSES OF MLR AS A 509(A)(3) SUPPORT ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MLR FOUNDATION HAD PROGRAM EXPENSES OF $461,063 IN THE REPORTING YEAR. THIS AMOUNT WAS GRANTED TO MLR PER A GRANT REQUEST APPROVED BY THE BOARD OF DIRECTORS. THE GRANT COVERED MLR'S COSTS RELATED TO STEWARDSHIP/MONITORING/ENFORCEMENT OF THE CONSERVATION EASEMENTS MLR HELD IN 2021, AND OUTREACH ACTIVITES TO EDUCATE LANDOWNERS, PUBLIC OFFICIALS, AND THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Patterson Vice President | OfficerTrustee | 1 | $0 |
Kirsten Feldman President | OfficerTrustee | 1 | $0 |
Karen Kress Secretary-Treasurer | OfficerTrustee | 1 | $0 |
John Heyneman Director | Trustee | 1 | $0 |
Chris Montague Director | Trustee | 1 | $0 |
Skip Olinger Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $324,853 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $324,853 |
| Total Program Service Revenue | $0 |
| Investment income | $1,234,948 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,543,474 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,103,275 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $461,063 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $95,915 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,300 |
| All other expenses | $0 |
| Total functional expenses | $594,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,119,625 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $32,070,408 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $33,190,033 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $22,819,287 |
| Net assets with donor restrictions | $10,370,746 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $33,190,033 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Montana Land Reliance Foundation has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Heart Of The Rockies Foundation Missoula, MT PURPOSE: PROTECT LANDS OF HIGH CONSERV VALUE | $75,000 |
Endowment Analysis
| Beg. Balance | $2,125,446 |
| Earnings | $354,287 |
| Admin Expense | $37,531 |
| Grants | $20,000 |
| Ending Balance | $2,422,202 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montana Land Reliance Foundation Helena, MT | $33,190,033 | $11,103,275 |
Montanas Outdoor Legacy Foundation Helena, MT | $790,643 | $621,423 |
Building Material Thrift Store Bellevue, ID | $97,434 | $373,797 |
Rocky Mountain Front Weed Roundtable Inc Choteau, MT | $36,882 | $0 |
Friends Of Morrison Knudsen Nature Center Boise, ID | $69,513 | $0 |
Wilderness Adventures Foundation Jackson, WY | $72,235 | $0 |