Educational Institutions

Montana Tech Foundation

  • Butte, MT
  • www.mtech.edu/foundation

Mission Statement

The mission of the Montana Tech Foundation is to advance the teaching, research, and public service endeavors of Montana Tech by generating private contributions to supplement the institution's state and federal revenues for capital, operating, and student assistance funds. Established in 1967 under State of Montana law, the Foundation is the catalyst and conduit through which gifts and endowment income flow to provide immediate and long-term support for Montana Tech and all of its programs. Overseen by a board of directors and staffed by a team of development professionals who are Foundation employees, the Foundation administers all gifts in a business-like manner in accordance with the donor's wishes.

Service Areas

Self-reported

Montana

Serving nationally.

ruling year

1969

Executive Director

Self-reported

Michael Barth

Keywords

Self-reported

Montana, Montana Tech, Butte, Engineering, Education, Higher Education

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EIN

81-0250363

Contact

Cause Area (NTEE Code)

Fund Raising and/or Fund Distribution (B12)

Higher Education Institutions (B40)

Graduate, Professional(Separate Entities) (B50)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

Our donors help us provide more than $1.4 million dollars in privately funded scholarships to our students. 980,000 for the Departments to use these funds for conferences, student academic team competitions, student recruitment, and equipment and supplies. Over $1m to purchase new equipment or for capital projects.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

The Foundation has developed a comprehensive and integrated fundraising strategy that serves as the organized element for both volunteer and staff initiatives. This strategy focuses on three primary areas: major and planned giving, corporate and foundation relations, and annual giving. Major and planned giving is where a highly personalized effort is directed toward a relatively small number of potential donors who have the capacity to yield a high investment. The purpose of the second area, corporate and foundation relations, is to implement and coordinate the college?s programs and strengthen relationship between Montana Tech and corporate and foundation philanthropic communities. The third area is a broad based Annual Giving Program through which an ever increasing number of donors are encouraged to provide current support for the College and its programs. It also fosters involvement by alumni and friends resulting in a greater understanding of and commitment to Montana Tech.

Category

Population(s) Served

Budget

Service Areas

Self-reported

Montana

Serving nationally.

External Reviews

Source: greatnonprofits.org

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

MONTANA TECH FOUNDATION
Fiscal year: Jul 01-Jun 30
Yes, financials were audited by an independent accountant.

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Operations

The people, governance practices, and partners that make the organization tick.

Montana Tech Foundation

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2015, 2014 and 2013
  • Board Chair, Board Co-Chair and Board Members
  • Access to the GuideStar Community
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Executive Director

Michael Barth

Governance

BOARD CHAIR

Sandy Stash

no affliation

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization

Yes

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

No

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Yes

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Yes

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Yes

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?