NonprofitsFoundation Of Montana State University-Billings

Education

Foundation Of Montana State University-Billings

BILLINGS, MT

Total revenue

$7.9M

Total expenses

$4.1M

Net assets

$43.9M

Grants received

$2.8M

59 grants

EIN

810301477

Tax year

2023

Mission

The Foundation is a charitable organization founded to advance the goals of MSU Billings.

Programs

2 programs

Campus and Community Outreach - activities related to the Foundation's public relations efforts to promote MSU Billings throughout the greater community.

Expenses: $843KGrants: $411K

Academic Programs - expenditures used to support faculty scholarships and the many available academic disciplines offered at MSU Billings.

Expenses: $460KGrants: $236K

Financials

FY 2023

Revenue

Contributions & grants$5.5M
Program service revenue$198K
Investment income$1.8M
Other revenue$424K
Total revenue$7.9M

Expenses

Grants paid$2.5M
Salaries & benefits$761K
Fundraising$412K
Other expenses$835K
Total expenses$4.1M
Total assets$47.7M
Net assets$43.9M

People

16 listed

NameRoleCompensation

Krista Montague

President/CEO

Board

$115K

40 hrs/wk

Jon Egeland

VP of Finance (until Dec 23)

Board

$74K

40 hrs/wk

Jeff Clarke

CFO (as of Jan 24)

Board

$70K

40 hrs/wk

Kay Berry

Secretary

Board

2 hrs/wk

Tyler Elkin

Trustee

Board

0.5 hrs/wk

Brittany Cremer

Trustee

Board

0.5 hrs/wk

Buddy Windy Boy

Trustee

Board

0.5 hrs/wk

David Wanzenried

Trustee

Board

0.5 hrs/wk

Thomas Potter

Chair

Board

4 hrs/wk

Merry Lee Olson

Trustee

Board

0.5 hrs/wk

William Henry

Trustee

Board

0.5 hrs/wk

Donald L Roberts

Trustee

Board

0.5 hrs/wk

JoAnne Sheridan

Trustee

Board

0.5 hrs/wk

Karen Moses

Trustee

Board

0.5 hrs/wk

Jani McCall

Vice Chair (until March 24)

Board

2 hrs/wk

Mike Monson

Treasurer

Board

2 hrs/wk

Independent contractors

Commonfund Securities Inc

Investment Management

$120K

Grants received

Showing 59 of 59

FromAmountPurposeYear
$318K
UNRESTRICTED GENERAL SUPPORT
2024
$20K
General Support
2024
$10K
General Operating Support
2024
$6K
Women Scholarships
2024
$129
MATCHING GIFTS
2024
$330K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$216K
UNRESTRICTED GENERAL SUPPORT
2023
$28K
GENERAL SUPPORT
2023
$26K
YELLOWJACKET PANTRY AND SCHOLARSHIPS
2023
$18K
General Operating Support
2023
$18K
For grant recipient's exempt purposes
2023
$331K
UNRESTRICTED GENERAL SUPPORT
2022
$105K
General Support
2022
$23K
ANNUAL DISTRIBUTION
2022
$20K
GENERAL SUPPORT
2022
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$9K
For grant recipient's exempt purposes
2022
$8K
GENERAL SUPPORT
2022
$7K
General Operating Support
2022
$70K
For recipient's exempt purpose
2021
$12K
For grant recipient's exempt purposes
2021
$12K
For grant recipient's exempt purposes
2021
$10K
2021 ANNUAL DISTRIBUTION
2021
$281K
UNRESTRICTED GENERAL SUPPORT
2020
$50K
RESEARCH GRANT
2020
$35K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$30K
2020 ANNUAL DISTRIBUTION
2020
$24K
For grant recipient's exempt purposes
2020
$6K
GENERAL SUPPORT
2020
$2K
PROGRAM SUPPORT
2020
$2K
PROGRAM SUPPORT
2020
$1K
PROGRAM SUPPORT
2020
$1K
PROGRAM SUPPORT
2020
$248K
UNRESTRICTED GENERAL SUPPORT
2019
$20K
2019 ANNUAL DISTRIBUTION; ON-CAMPUS SWEAT LODGE
2019
$12K
For grant recipient's exempt purposes
2019
$14K
For grant recipient's exempt purposes
2018
$10K
PUBLIC, SOCIETAL BENEFIT
2017
$10K
EXPANSION AND RENOVATION OF THE SCIENCE BUILDING; 2017 ANNUAL DISTRIBUTION
2017
$10K
EXPANSION AND RENOVATION OF THE SCIENCE BUILDING; 2017 ANNUAL DISTRIBUTION
2017

Funded by

$2.8M from 21 funders · 59 grants · 2017–2024

Morgan Stanley Global Impact Funding Trust Inc

$1.4M · 5 grants · 2019–2024

Vanguard Charitable Endowment Program

$445K · 4 grants · 2020–2023

Donor Advised Charitable Giving Inc

$317K · 7 grants · 2017–2023

Montana Community Foundation Inc

$128K · 7 grants · 2017–2023

Thrivent Financial for Lutherans

$125K · 2 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$102K · 7 grants · 2018–2023

American Online Giving Foundation Inc

$54K · 4 grants · 2020–2024

Project Apis M Inc

$50K · 1 grant · 2020

Details

EIN810301477
NTEE codeB110
Subsection03
Ruling date1968-06
Formed1967
Employees13
Volunteers238
FOUNDATION OF MONTANA STATE UNIVERSITY-BILLINGS — Mission, Financials & Grants Received | Grantivo