Montgomery Family Foundation is located in Lake View, NY. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montgomery Family 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, Montgomery Family Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 41.0% each year . All expenses for the organization totaled $425.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Montgomery Family Foundation has awarded 58 individual grants totaling $1,090,500. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert L Montgomery Deceased President/trustee | 2 | $0 | |
Carolyn H Montgomery Treasurer/trustee | 2 | $0 | |
Lisa M Hill Trustee | 1 | $5,875 | |
Karen M Risley Trustee | 1 | $5,875 | |
Kathryn M Cambi MD Trustee | 1 | $5,875 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $654,092 |
Interest on Savings | $0 |
Dividends & Interest | $30,372 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $767,780 |
Capital Gain Net Income | $767,780 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,452,244 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $8,757 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $808 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $250 |
Total operating and administrative expenses | $37,040 |
Contributions, gifts, grants paid | $388,500 |
Total expenses and disbursements | $425,540 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $207 |
Savings and temporary cash investments | $81,278 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $28,260 |
Net Land, buildings, and equipment | $0 |
Other assets | $40,549 |
Total assets | $2,328,394 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Montgomery Family Foundation has awarded $286,000 in support to 17 organizations.
Grant Recipient | Amount |
---|---|
BUFFALO PHILHARMONIC ORCHESTRA PURPOSE: TO SUPPORT LIVE SYMPHONIC MUSIC | $35,000 |
BUFFALO MUSEUM OF SCIENCETIFFT NATURE PRESERVE PURPOSE: TO SUPPORT TIFFT NATURE PRESERVE | $30,000 |
BEECHWOOD CONTINUING CARE FOUNDATION PURPOSE: TO SUPPORT TRANSPORTATION VEHICLE PURCHASE | $90,000 |
CARE FOR THE CAPE & ISLANDS - CENTER FOR RESPONSIBLE TRAVEL PURPOSE: TO PRESERVE AND PROTECT THE NATURAL ENVIRONMENT, CULTURAL AND HISTORICAL TREASURES | $2,500 |
FRESH AIR FUND PURPOSE: TO SUPPORT FUND | $5,000 |
HAMBURG ALUMNI FOUNDATION PURPOSE: TO SUPPORT THE HAMBURG CENTRAL SCHOOL DISTRICT | $1,500 |