Greater Montana Foundation
- Assets
- $8.2m
- Revenue
- $444.8k
- Investments
- $5.8m
- Employees
- 0
- Location
- Helena, MT
- Founding
- 11/1959
- Data as of
- 12/2023
- EIN
- 81-6009847
Organization Overview
Greater Montana Foundation is located in Helena, MT. The organization was established in 1959. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Greater Montana 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 12/2023, Greater Montana Foundation generated $444.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $470.8k during the year ending 12/2023. While expenses have increased by 0.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Greater Montana Foundation has awarded 188 individual grants totaling $3,175,039. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brody Craney Trustee | 1 | $0 | |
Ronald Davis Trustee | 1 | $0 | |
Darlene Craney Trustee | 1 | $0 | |
Rob Mcdonald Trustee | 1 | $0 | |
Jim Senst Trustee | 1 | $0 | |
Edwin Johnson Vice Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $57 |
| Dividends & Interest | $210,244 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $234,463 |
| Capital Gain Net Income | $234,463 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $444,764 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,228 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,342 |
| Printing and publications | $1,730 |
| Other expenses | $5,082 |
| Total operating and administrative expenses | $126,251 |
| Contributions, gifts, grants paid | $344,500 |
| Total expenses and disbursements | $470,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,256 |
| Savings and temporary cash investments | $423,090 |
| 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 | $476,450 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,002,446 |
| Total assets | $8,226,003 |
| 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 | $1,366,670 |
| Total liabilities | $1,366,670 |
Grants Awarded
Over the last fiscal year, Greater Montana Foundation has awarded $344,500 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BEAR HUG CATTLE COMPANY PURPOSE: TO SUPPORT A THREE-PART FILM SERIES ABOUT THE ORGANIZATION'S SUPPORT OF TRANSITIONING VETERANS. | $15,000 |
FRIENDS OF MONTANA PBS PURPOSE: SUPPORT FOR NUMEROUS PROGRAMS INCLUDING BACKROADS OF MONTANA, 11TH AND GRANT, AND NEW PROGRAMS. | $37,500 |
MONTANA TELEVISION NETWORKKRTV PURPOSE: TO FUND A REPORTER'S TRAVEL TO DC TO COVER THE PROGRESS OF THE 2023 FARM BILL. | $4,500 |
FROM THE HEART PRODUCTIONS PURPOSE: FOR MONTANA SESSIONS, A COLLECTION OF SHORT FILMS FEATURING SOME OF MONTANA'S FINEST MUSICIANS PERFORMING LIVE IN OUTDOOR LOCATIONS THROUGHOUT THE STATE. | $20,000 |
LEADERSHIP MONTANA PURPOSE: TO SUPPORT "LISTEN FIRST MONTANA," A SERIES OF PODCASTS ABOUT THE 1ST YEAR OF THE COVID PANDEMIC. | $5,000 |
MAPS MEDIA INSTITUTE PURPOSE: CONTINUED SUPPORT FOR THE AWARD-WINNING FREE AFTER-SCHOOL PROGRAM SERVING FOUR COUNTY SCHOOLS. | $25,000 |