University Of Montana Foundation

Organization Overview

University Of Montana Foundation is located in Missoula, MT. The organization was established in 1953. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, University Of Montana Foundation employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Montana 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 06/2020, University Of Montana Foundation generated $43.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $28.1m during the year ending 06/2020. While expenses have increased by 0.7% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE PHILANTHROPIC SUPPORT TO ENHANCE EXCELLENCE AND OPPORTUNITY AT THE UNIVERSITY OF MONTANA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE ACADEMIC AND INSTITUTIONAL SUPPORT FOR THE UNIVERSITY OF MONTANA'S PROGRAMS, CAPITAL PROJECTS, AND STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ruffalo Noel Levitz
Phonathon
$350,230
Eab
Fundraising Consultation
$204,443
Ellucian
Technical Services
$170,565
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$30,554,993
Investment income $5,386,754
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,753,240
Net Income from Fundraising Events -$3,047
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $43,572,466

Grants Awarded

Over the last fiscal year, University Of Montana Foundation has awarded $24,020,791 in support to 3 organizations.

Grant RecipientAmount

THE UNIVERSITY OF MONTANA

PURPOSE: Academic & Institutional Support

$10,076,139

THE UNIVERSITY OF MONTANA

PURPOSE: Support UofM's Capital Projects

$8,760,459

THE UNIVERSITY OF MONTANA

PURPOSE: Student Scholarship and Awards

$5,184,193
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 21 grants that University Of Montana Foundation has recieved totaling $1,721,227.

Awarding OrganizationAmount
The Bessemer Giving Fund

Woodbridge, NJ

PURPOSE: GENERAL SUPPORT

$513,606
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$400,030
$241,149
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Education

$120,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$57,210
Montana Justice Foundation

Helena, MT

PURPOSE: EDUCATION PROGRAM

$48,750
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$162,166,630
Earnings$46,737,023
Admin Expense$3,315,666
Net Contributions$15,160,753
Grants$5,575,274
Ending Balance$215,173,466

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