NonprofitsMontgomery County Community Foundation

Community Foundations

Montgomery County Community Foundation

SPRING, TX

Total revenue

$1.3M

Total expenses

$654K

Net assets

$11.9M

Grants received

$89K

14 grants

EIN

760082098

Tax year

2024

Mission

Creating legacies to fulfill philanthropic dreams through grants to nonprofits and scholarships

Programs

1 program

Scholarships: High school, community college and medical students are awarded grants to further their post high school educational pursuits. During 2024, 25 students received scholarships from legacy funds to expand their chance for success. Each fund targets a different population or interest, such as a local high school, specific attributes like service above self, academic performance, financial need or sports. Each fund has a Selection Committee approved by the Board which uses fair and objective criteria to select their nominee. All criteria, committees, and final scholarship recipients are approved by the Distribution Committee and Board of Directors.

Expenses: $67KGrants: $51K

Financials

FY 2024

Revenue

Contributions & grants$434K
Program service revenue
Investment income$830K
Other revenue$54K
Total revenue$1.3M

Expenses

Grants paid$389K
Salaries & benefits$149K
Fundraising$76K
Other expenses$117K
Total expenses$654K
Total assets$12.1M
Net assets$11.9M

People

13 listed

NameRoleCompensation

Laura Lea Palmer

Chairman

Board

5 hrs/wk

Christin Allphin

Vice President

Board

2 hrs/wk

Leland Dushkin

Treasurer

Board

2 hrs/wk

Nick Davis

Secretary

Board

2 hrs/wk

Bill Crowl

Director

Board

1 hrs/wk

Jason Mann

Director

Board

1 hrs/wk

Gil Staley

Director

Board

1 hrs/wk

Rev Jane Stilwell

Director

Board

1 hrs/wk

Julie Struble

Director

Board

1 hrs/wk

Eric Thiergood

Director

Board

1 hrs/wk

Tim Welbes

Director

Board

1 hrs/wk

Brent Wunderlich

Director

Board

1 hrs/wk

Julie P Martineau

President & CEO

Staff

$115K

40 hrs/wk

Grants received

Showing 14 of 14

FromAmountPurposeYear
$8K
SUPPORT LOCAL COMMUNITY
2023
$500
GENERAL SUPPORT
2023
$500
PHILANTHROPY, VOLUNTARISM AND GRANTMAKING FOUNDATIONS
2023
$25K
SUPPORT LOCAL COMMUNITY
2022
$6K
For grant recipient's exempt purposes
2022
$1K
CHARITABLE
2021
$6K
For grant recipient's exempt purposes
2020
$17K
For grant recipient's exempt purposes
2019
$13K
For grant recipient's exempt purposes
2018
$12K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$89K from 6 funders · 14 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$53K · 5 grants · 2017–2022

Sgl Foundation

$33K · 2 grants · 2022–2023

Shell Usa Company Foundation

$1K · 4 grants · 2020–2024

Mckesson Foundation Inc

$1K · 1 grant · 2021

The Karma Foundation

$500 · 1 grant · 2023

Edward Jones Foundation

$500 · 1 grant · 2023

Details

EIN760082098
NTEE codeT31
Subsection03
Ruling date1984-03
Formed1983
Employees3
Volunteers60