NonprofitsLaurel Montana Community Foundation Incorporated

Community Improvement & Capacity Building

Laurel Montana Community Foundation Incorporated

LAUREL, MT

Total revenue

$53K

Total expenses

$168K

Net assets

$523K

Grants received

$68K

8 grants

EIN

473756434

Tax year

2024

Mission

Provide fiscal sponsorship, philanthropic opportunity, community benefit, empower local youth

Programs

5 programs

To empower local youth seeking higher education by providing scholarship grants. We sponsor seven scholarship funds and granted money to 10 students in 2024. We also granted $500 to a local teacher in support of their services in educating the children of our community. We want to continue growing our scholarship funding support and allowing students in need to access these funds for community benefit and reward.

Expenses: $14KGrants: $14K

Town square park was donated to the laurel montana community foundation in 2022 by the laurel revitalization league, another 501(c)(3) non-profit in laurel, mt. Lmcf raised money through sponsorship of concerts and donations to build a permanent stage, maintain the park, and illuminate it at night to dissuade transients and other nefarious activities.

Expenses: $5K

To support the local community through various donations to local benefit organizations for futhering their purpose. This includes grants to the local volunteer fire department and memorial of community member.

Expenses: $7KGrants: $1K

To fiscally sponsor and promote the beautification of laurel through the planting of various trees at the direction of the city council parks advisory board.

Expenses: $944Grants: $884

Fiscally sponsor and promote the construction of a public tennis court in laurel, mt.

Financials

FY 2024

Revenue

Contributions & grants$17K
Program service revenue$38K
Investment income$443
Other revenue
Total revenue$53K

Expenses

Grants paid$153K
Salaries & benefits
Fundraising
Other expenses$15K
Total expenses$168K
Total assets$721K
Net assets$523K

People

7 listed

NameRoleCompensation

JASMINE HANSEN

DIRECTOR

Board

0.5 hrs/wk

DEAN RANKIN

DIRECTOR

Board

0.25 hrs/wk

KEVIN ADKINS

DIRECTOR

Board

0.25 hrs/wk

JEAN KERR

DIRECTOR

Board

0.25 hrs/wk

JON RUTT

PRESIDENT

Board

2 hrs/wk

DAVE BAUER

SECRETARY

Board

2 hrs/wk

AMY MULLANEY

TREASURER

Board

2 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$2K
Scholarship FUND for a student pursuing a career in Healthcare
2024
$12K
ANNUAL DISTRIBUTION
2023
$7K
ANNIVERSARY GRANTS
2023
$11K
ANNUAL DISTRIBUTION
2022
$5K
UNRESTRICTED
2022
$11K
2021 ANNUAL DISTRIBUTION
2021
$10K
UNRESTRICTED
2021
$10K
2020 ANNUAL DISTRIBUTION
2020

Funded by

$68K from 4 funders · 8 grants · 2020–2024

Montana Community Foundation Inc

$44K · 4 grants · 2020–2023

Network For Good

$15K · 2 grants · 2021–2022

Town Pump Charitable Foundation

$7K · 1 grant · 2023

The McArthur-Kuhns Foundation Inc

$2K · 1 grant · 2024

Details

EIN473756434
NTEE codeS12
Subsection03
Ruling date2015-06
Formed2015
Employees0
Volunteers7
LAUREL MONTANA COMMUNITY FOUNDATION INCORPORATED — Mission, Financials & Grants Received | Grantivo