Overview
What is Montana Technological University Foundation?
The Montana Technological University Foundation is a nonprofit organization based in Butte, Montana, with a mission to support Montana Technological University by generating private contributions. Established in 1967, the Foundation acts as a catalyst and conduit for gifts and endowment income, providing immediate and long-term support for the institution and its programs. In 2021, they granted $1.9 million in scholarships to 624 students and $1.6 million to departments for equipment and supplies. Private dollars were also used to construct the Lesar Nursing Sim Center and purchase equipment worth $2.1 million, and to build a new power lab in the NRRC Building, costing $233,000. The Montana Tech Foundation advances the teaching, research, and public service endeavors of Montana Technological University, overseen by a board of directors and staffed by development professionals.
Official website here: www.foundation.mtech.edu
Is Montana Technological University Foundation legitimate?
Montana Technological University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana Technological University Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $332,868
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,399
For more financial information, click here
Official website here: www.foundation.mtech.edu
What is the mission statement of Montana Technological University Foundation?
The Montana Technological University Foundation's primary goal is to support and enhance the educational pursuits at Montana Technological University. The Foundation achieves this mission by securing private donations to supplement the university's state and federal funding. By doing so, it provides immediate and long-term financial assistance for the institution and all its programs. The Foundation's board of directors and team of development professionals manage and distribute these funds in a professional manner, adhering to donors' wishes. The Foundation acts as a catalyst for generating private support for Montana Technological University.
Official website here: www.foundation.mtech.edu
Who is the CEO of Montana Technological University Foundation?
Jaime Heppler is the Board Chair of Montana Technological University Foundation. The CEO's salary of Montana Technological University Foundation is $0 and their total compensation is $158,386.
Official website here: www.foundation.mtech.edu
What is the revenue of Montana Technological University Foundation?
Montana Technological University Foundation's revenue in 2022 was $13,181,089.
Official website here: www.foundation.mtech.edu
Who are the executives of Montana Technological University Foundation and what are their salaries?
The average compensation at Montana Technological University Foundation during 2022 was $23,051. There are 25 employees and 40 volunteers at Montana Technological University Foundation.
Here are 26 key members and their salaries (Montana Technological University Foundation's CEO's salary is $0 and their total compensation is $158,386):
- Joe Mcclafferty (Ceo (Thru 1/31/22))
- Michael Barth (Executive Director (Thru 3/31/22))
- Deanna Johnson (Cfo)
- Nick Digiovine (Board Chair) [Trustee/Director]
- Bryan Larson (Vice Chair) [Trustee/Director]
- Tom Hohn (Secretary) [Trustee/Director]
- Josh Vincent (Treasurer) [Trustee/Director]
- Kathy Arnold (Director)
- Dave Burger (Director)
- Skye Callantine (Director)
- Jon Cherry (Director)
- Gary Kolstad (Director)
- Jonna Laslovich (Director)
- Leo Mccarthy (Director)
- Pat Mccarthy (Director)
- Mike Mcgivern (Director)
- Bob Morris (Director)
- Maggie Peterson (Director)
- Adam Sayers (Director)
- Rocky Seale (Director)
- Bob Shepherd (Director)
- Brian Smyth (Director)
- Stephanie Sorini (Director)
- Tim Sulser (Director)
- Mike Thatcher (Director)
- Sean Woolverton (Director)
Official website here: www.foundation.mtech.edu
Where can I find the form 990 for Montana Technological University Foundation?
The Montana Technological University Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.foundation.mtech.edu
Learn more at the official website: www.foundation.mtech.edu
Mission Statement of Montana Technological University Foundation
Montana Technological University Foundation, a charitable organization established in 1967, is dedicated to advancing the academic, research, and public service initiatives of Montana Technological University. By generating private contributions, the Foundation plays a crucial role in augmenting the institution's state and federal revenues, providing critical funds for capital, operating, and student assistance.
The Montana Tech Foundation acts as a catalyst, directing gifts and endowment income towards Montana Technological University and its programs. Overseen by a Board of Directors and staffed by development professionals, the Foundation ensures the effective and efficient management of donated funds in accordance with donors' wishes. The organization's mission is threefold: to support Montana Technological University's teaching, research, and public service endeavors by raising and managing private contributions for the institution's sole benefit.
Impact
This information is meant to be a general summary of Montana Technological University Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Montana Technological University Foundation has a significant impact on advancing the teaching, research, and public service endeavors of Montana Technological University. The Foundation plays a crucial role in providing private dollars to support the university's mission of connecting students to opportunities and experiences that empower them to change the world.
In the past year, the Montana Technological University Foundation provided $1.9 million in scholarships to 624 students, enabling them to pursue their academic goals and further their education. Additionally, the Foundation allocated $1.6 million to assist various university departments with purchases of equipment, supplies, and faculty support, enhancing the overall learning environment.
Furthermore, the Foundation's contributions have facilitated the construction of important facilities such as the Lesar Nursing Sim Center and the acquisition of necessary equipment, totaling $2.1 million. In addition, a new power lab in the NRRC building was made possible with a $233,000 grant from the Foundation, further strengthening the university's research capabilities.
Overall, the Montana Technological University Foundation plays a vital role in supporting the university's initiatives, fostering a conducive learning environment, and empowering students to excel in their academic pursuits.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT AGREEMENT MT
Revenue
$100,000
Organization Details
Founding Year
1967
Phone
(406) 496-4615
Principal Officer
Jaime Heppler
Main Address
1300 WEST PARK STREET, BUTTE, MT, 59701
Website
www.foundation.mtech.edu
NTEE Category
Code: B110 - Education
If you are a representative of Montana Technological University Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.