2016-10-26T13:00:56-05:00 2016-06-30 810385940 ANDERSON ZURMUEHLEN & CO PC PO BOX 748 BUTTE MT 59703 990 2015-07-01 810250363 MONTANA TECH FOUNDATION MONT 4064964615 1300 WEST PARK STREET BUTTE MT 59701 BRAD ARCHIBALD TREASURER 4064964615 2016-10-21 1 JAMES E WOY P00102054 4067820451 2016-10-07 2015 2017-02-10 21:41:12Z JOE MCCLAFFERTY 1300 WEST PARK STREET BUTTE MT 59701 10819767 0 X WWW.MTECH.EDU/FOUNDATION X 1967 MT ADVANCE THE TEACHING, RESEARCH, AND PUBLIC SERVICE ENDEAVORS OF MONTANA TECH. 32 25 9 0 0 0 8442308 6930270 5011 1 770260 499726 0 0 9217579 7429997 3539950 5024158 0 0 704241 622380 0 0 957784 798757 984186 5042948 6630724 4174631 799273 43154177 42588487 165509 160353 42988668 42428134 X 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. THE FOUNDATION IS A MECHANISM THROUGH WHICH PRIVATE SUPPORT IS RAISED AND MANAGED FOR THE SOLE BENEFIT OF TECH. OVERSEEN BY A BOARD OF DIRECTORS AND STAFFED BY A TEAM OF DEVELOPMENT PROFESSIONALS, THE FOUNDATION ADMINISTERS ALL GIFTS IN A BUSINESS-LIKE MANNER IN ACCORDANCE WITH DONORS' WISHES. 0 0 5276077 5024158 1 SEEK AND INSTITUTE BENEFITS, CONTRIBUTIONS, GIFTS AND GRANTS TO AID AND ASSIST MONTANA TECH OF THE UNIVERSITY OF MONTANA 5276077 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 29 0 1 9 1 0 0 0 0 0 1 1 0 0 0 1 0 X 32 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X DEANNA JOHNSON 4064964278 1300 WEST PARK STREET BUTTE MT 59701 DOUG ABBOTT DIRECTOR 1.00 X 0 126332 24266 DOUG COE DIRECTOR 1.00 X 0 99981 17449 PETE KNUDSEN DIRECTOR 1.00 X 0 118671 24779 RYAN LANCE DIRECTOR 1.00 X 0 0 0 DAVID ERICKSON DIRECTOR 1.00 X 0 0 0 SANDY STASH CHAIRMAN 1.00 X 0 0 0 TOM BANDY DIRECTOR 1.00 X X 0 0 0 DON BLACKKETTER DIRECTOR 1.00 X 0 217845 46589 BRIAN ERICKSON DIRECTOR 1.00 X 0 0 0 TERRY HOLZWARTH DIRECTOR 1.00 X 0 0 0 PAT O'BRIEN VICE CHAIRMAN 1.00 X X 0 0 0 BRAD ARCHIBALD TREASURER 1.00 X X 0 0 0 ROBERT BENTLEY SR DIRECTOR 1.00 X 0 0 0 MIKE CASHELL DIRECTOR 1.00 X 0 0 0 JOE MCCLAFFERTY PRESIDENT 40.00 X X 3802 129393 16934 SUNDRA ANDERSON SECRETARY 1.00 X X 0 0 0 NICK DIGIOVINE DIRECTOR 1.00 X 0 0 0 JIM FRASER DIRECTOR 1.00 X 0 0 0 PAUL HLADKY DIRECTOR 1.00 X 0 0 0 DARRELL MCKENNA DIRECTOR 1.00 X 0 0 0 NICK OLDS DIRECTOR 1.00 X 0 0 0 KEN THOLSTROM DIRECTOR 1.00 X 0 0 0 HALEY BEAUDRY DIRECTOR 1.00 X 0 0 0 DEAN BENTLEY DIRECTOR 1.00 X 0 0 0 MARK ERICKSON DIRECTOR 1.00 X 0 0 0 MARY ELLEN LUTEY DIRECTOR 1.00 X 0 0 0 BILL MADISON DIRECTOR 1.00 X 0 0 0 DAN MANSON DIRECTOR 1.00 X 0 0 0 JERRY SCHUYLER DIRECTOR 1.00 X 0 0 0 JOHN GARIC DIRECTOR 1.00 X 0 90907 16584 BEV HARTLINE DIRECTOR 1.00 X 0 114132 18172 KAREN VANDAVEER DIRECTOR 1.00 X 0 97973 19054 MEL BREKHUS DIRECTOR 1.00 X 0 0 0 MICHAEL BARTH EXECUTIVE DIRECTOR 40.00 X 97858 0 21266 DEANNA JOHNSON FINANCE DIRECTOR 40.00 X 61657 0 17640 163317 995234 222733 0 0 1 0 0 6930270 6930270 MISCELLANEOUS PROGRAM 611600 1 1 1 346502 346502 3542994 3389770 153224 153224 153224 7429997 1 0 499726 5024158 5024158 89870 54395 35475 424165 122119 302046 32123 5812 26311 54493 9575 44918 21729 21729 70190 70190 327081 327081 118357 118357 POSTAGE, SERVICES, SUPP 332006 332006 ENTERTAINMENT 76942 76942 SAFETY CHARLIE PROGRAM 31581 31581 DIRECT COLLEGE SUPPORT 28029 28029 6630724 5276077 396863 957784 607448 1977498 899099 1045290 4226273 3052668 333333 0 2615333 218551 2457204 2396782 32721983 32244821 1908837 1871428 43154177 42588487 129394 118758 36115 41595 165509 160353 X 2244704 2299107 11125421 8052239 29618543 32076788 42988668 42428134 43154177 42588487 799273 -1359806 0 X 0 1 X 0 0 X 3463573 3582218 4097961 8442308 6930270 26516330 3463573 3582218 4097961 8442308 6930270 26516330 2492382 24023948 460388 370137 416598 318927 365064 1931114 153770 119927 52000 55100 10000 390797 28838241 339434 0.83310 0.78040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 41365962 6339041 -865181 6116020 40723802 37448580 7904574 463454 4450646 41365962 32680035 3781545 4672187 3685187 37448580 31607251 3339320 2504269 4770805 32680035 33023319 3272182 -1160249 3528001 31607251 1 0 18996 18996 2306447 165294 2141153 289890 53257 236633 2396782 GIFT ANUITY - DUE TO BENEFICIARIES 41595 41595 X 6070190 -1359806 -1359806 7429996 0 7429996 6630724 0 6630724 0 6630724 PART V, LINE 4: THE ORGANIZATION USES ENDOWMENT FUNDS TO GENERATE INCOME FROM INVESTMENTS TO SUPPORT THE COLLEGE. PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. AS A RESULT, NO PROVISION FOR INCOME TAX IS INCLUDED IN THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2016, THERE WERE NO UNCERTAIN TAX POSITIONS. 1 MONTANA TECH OF THE UNIVERSITY OF MONTANA 1300 WEST PARK STREET BUTTE MT 59701 816001654 501(C)(1) 5024158 STUDENT SCHOLARSHIPS, PROFESSORSHIP SUPPLEMENTS AND PROGRAM DISTRIBUTIONS PART I, LINE 2: STUDENTS RECEIVING SCHOLARSHIPS NEED TO BE FULL-TIME STUDENTS OF MONTANA TECH OF THE UNIVERSITY OF MONTANA. SALARY SUPPLEMENTS ARE FOR PROFESSORSHIP OR RESEARCH DONE BY PERSONS ASSOCIATED WITH THE ORGANIZATION. X X 0 0 0 0 0 0 0 0 0 0 0 DOUG ABBOTT DIRECTOR 0 126332 0 0 0 0 0 12574 0 11692 0 150598 0 0 DON BLACKKETTER DIRECTOR 0 217845 0 0 0 0 0 7347 0 39242 0 264434 0 0 JOE MCCLAFFERTY PRESIDENT 3802 129393 0 0 0 0 0 6290 0 10644 3802 146327 0 0 X 12 234391 FMV ON DATE OF GIFT 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD OF DIRECTORS, DAVID ERICKSON AND BRIAN ERICKSON, ARE BROTHERS. TWO MEMBERS OF THE BOARD OF DIRECTORS, BOB BENTLEY, SR. AND DEAN BENTLEY, ARE FATHER AND SON, RESPECTIVELY. FORM 990, PART VI, SECTION B, LINE 11 IT IS MONTANA TECH FOUNDATION'S POLICY THAT THE BOARD OF DIRECTORS REVIEW THE IRS FORM 990 FILED ON THE ORGANIZATION'S BEHALF BEFORE IT IS FILED WITH THE IRS. THE MEANS OF DELIVERY SHALL BE VIA EMAIL TO EACH DIRECTOR'S EMAIL ADDRESS, ALLOWING FOR A TEN-DAY WINDOW FOR REVIEW BEFORE THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN AND DATE THE CONFLICT OF INTEREST POLICY AT THE BEGINNING OF THEIR TERM OF SERVICE AND EACH YEAR THEREAFTER. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING EXECUTIVE COMPENSATION IS AS FOLLOWS: THE PRESIDENT IS AN EMPLOYEE OF THE MONTANA TECH OF THE UNIVERSITY OF MONTANA. COMPENSATION AND BENEFITS ARE DETERMINED BY THE BOARD OF REGENTS OF THE STATE OF MONTANA. THE BOARD OF THE FOUNDATION DETERMINES AND APPROVES THE PERCENTAGE OF THE PRESIDENT'S WAGE TO REIMBURSE MONTANA TECH OF THE UNIVERSITY OF MONTANA. PERIODICALLY THE BOARD WILL AWARD THE PRESIDENT WITH A PERFORMANCE BONUS. THE PRESIDENT SETS COMPENSATION FOR ALL OTHER FOUNDATION MANAGEMENT AND EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. MONTANA TECH OF THE UNIVERSITY OF MONTANA 1300 WEST PARK STREET BUTTE MT 59701 816001654 UNIVERSITY MT 501(C)(1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 MONTANA TECH OF THE UNIVERSITY OF MONTANA O 133195 MONTANA TECH OF THE UNIVERSITY OF MONTANA R 5024158 MONTANA TECH OF THE UNIVERSITY OF MONTANA N