Central Montana Foundation

Organization Overview

Central Montana Foundation is located in Lewistown, MT. The organization was established in 1985. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Central Montana Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central 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 12/2021, Central Montana Foundation generated $15.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 8.2% 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.

Since 2015, Central Montana Foundation has awarded 196 individual grants totaling $11,889,664. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO RECEIVE AND ACCEPT PROPERTY EXCLUSIVELY FOR EDUCATIONAL, CULTURAL, CHARITABLE OR BENEVOLENT PURPOSES FOR THE BENEFIT, HEALTH AND IMPROVEMENT OF RESIDENTS OF THE CENTRAL MONTANA AREA IS SUCH A WAY THAT THE QUALITY OF LIFE IN CENTRAL MONTANA SHALL BE ENHANCED, WORKING ALONE AND WITH ANY AND ALL OTHER PERSONS AND ORGANIZATIONS DOING SIMILAR WORK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMPLETION OF CREEKSIDE MARKETPLACE AND PAVALION AREA


CONTINUED WORK ON LEWISTOWN SOCCER FIELDS


CONTINUED WORK ON CONSTRUCTION OF NEW COMMUNITY CENTER IN WINNETT MONTANA


ALL OTHER GRANTS TO VARIOUS ORGANIZATIONS FROM THEIR OWN FUND OR FROM GRANTS FROM THE CENTRAL MONTANA FOUNDATION UNDESIGNATED FUNDS. INCLUDING SCHOLARSHIPS TO AREA STUDENTS TO FURTHER THEIR EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Dean Comes
President
$0
Josh Webber
Vice Preside
$0
Sandra Westhoff
Vice Preside
$0
Robyn Bakkedahl
Secretary/tr
$0
Carl Seilstad
Director
$0
Sonny Comes
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$13,163,064
Noncash contributions included in lines 1a–1f $336,104
Total Revenue from Contributions, Gifts, Grants & Similar$13,163,064
Total Program Service Revenue$0
Investment income $736,994
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $12,778
Net Gain/Loss on Asset Sales $1,075,538
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,999,910

Grants Awarded

Over the last fiscal year, Central Montana Foundation has awarded $2,224,480 in support to 26 organizations.

Grant RecipientAmount

CITY OF LEWISTOWN- CREEKSIDE

PURPOSE: PAVILION

$398,970

LEWISTOWN SOCCER CLUB

Org PageRecipient Profile

Lewistown, MT

PURPOSE: SOCCER FIELD

$387,363

OTHER

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|

$277,576

PETROLEUM COUNTY COMMUNITY CENTER

Org PageRecipient Profile

Winnett, MT

PURPOSE: OPERATING/LAND PURCH

$257,000

DENTON AMBULANCE- DENTON LIONS CLUB

PURPOSE: AMBULANCE PURCHASE

$232,652

CENTRAL MONTANA MEDICAL CENTER

Org PageRecipient Profile

Lewistown, MT

PURPOSE: 3D MAMMOGRAM/ OTHER

$125,371
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Central Montana Foundation has recieved totaling $3,520,034.

Awarding OrganizationAmount
Bruno And Evelyne Betti Foundation

Billings, MT

PURPOSE: PETROLEUM COUNTY COMMUNITY CENTER YOUTH PROGRAM

$1,600,000
Bruno And Evelyne Betti Foundation

Billings, MT

PURPOSE: PETROLEUM COUNTY COMMUNITY CENTER ENDOWMENT

$1,410,000
American Gift Fund

Wilmington, DE

PURPOSE: OPERATIONS

$410,000
Central Montana Foundation

Lewistown, MT

PURPOSE: FIRE RECOVERY

$21,800
Bruno And Evelyne Betti Foundation

Billings, MT

PURPOSE: WINNETT SWIMMING POOL FUND

$20,000
Central Montana Foundation

Lewistown, MT

PURPOSE: YOUTH ACTIVITIES

$15,413
View Grant Recipient Profile

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