2014-11-04T16:15:56-06:00 2014-06-30 810385940 ANDERSON ZURMUEHLEN & CO PC PO BOX 748 BUTTE MT 59703 990 2013-07-01 810250363 MONTANA TECH FOUNDATION MONT 4064964615 1300 WEST PARK STREET BUTTE MT 59701 BRAD ARCHIBALD TREASURER 4064964615 2014-11-03 1 JAMES E WOY P00102054 4067820451 2014-10-13 2013 2015-11-30 17:44:51Z JOE MCCLAFFERTY 1300 WEST PARK STREET BUTTE MT 59701 11860520 0 X WWW.MTECH.EDU/FOUNDATION X 1967 MT ADVANCE THE TEACHING, RESEARCH, AND PUBLIC SERVICE ENDEAVORS OF MONTANA TECH. 35 35 11 42 0 0 3582218 4097961 21764 2468 3305497 642854 119927 52000 7029406 4795283 3972028 2798401 0 0 398864 567567 0 0 800379 525002 766475 4895894 4132443 2133512 662840 35170751 39299117 607414 162539 34563337 39136578 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 3069280 2798401 54468 SEEK AND INSTITUTE BENEFITS, CONTRIBUTIONS, GIFTS AND GRANTS TO AID AND ASSIST MONTANA TECH OF THE UNIVERSITY OF MONTANA 3069280 1 1 0 0 0 0 0 0 0 1 1 1 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 25 0 1 11 1 0 0 0 0 0 1 1 0 0 0 1 0 X 35 35 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 122825 22989 VLADIMIR BABICH DIRECTOR 1.00 X 0 0 0 DOUG COE DIRECTOR 1.00 X 0 94748 19349 LEIGH FREEMAN DIRECTOR 1.00 X 0 0 0 PETE KNUDSEN DIRECTOR 1.00 X 0 113801 21410 RYAN LANCE DIRECTOR 1.00 X 0 0 0 JERRY SCHUYLER DIRECTOR 1.00 X 0 0 0 MAC PETERSON DIRECTOR 1.00 X 0 0 0 DALE BARNUM DIRECTOR 1.00 X 0 0 0 CARL BURGMAN DIRECTOR 1.00 X 0 0 0 GARY KOLSTAD DIRECTOR 1.00 X 0 0 0 DAVID SEARLE DIRECTOR 1.00 X 0 0 0 DAVID ERICKSON DIRECTOR 1.00 X 0 0 0 SANDY STASH CHAIRMAN 1.00 X X 0 0 0 TOM BANDY VICE CHAIRMAN 1.00 X X 0 0 0 DON BLACKKETTER DIRECTOR 1.00 X 0 203147 52845 BRIAN ERICKSON DIRECTOR 1.00 X 0 0 0 TERRY HOLZWARTH DIRECTOR 1.00 X 0 0 0 BILL MADISON DIRECTOR 1.00 X 0 0 0 PAT O'BRIEN DIRECTOR 1.00 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 DENNIS EGAN DIRECTOR 1.00 X 0 0 0 KEITH MACPHAIL DIRECTOR 1.00 X 0 0 0 RENEE ZEMLJAK DIRECTOR 1.00 X 0 0 0 SUNDRA ANDERSON SECRETARY 1.00 X X 0 0 0 MEL BREKHUS DIRECTOR 1.00 X 0 0 0 NICK DIGIOVINE DIRECTOR 1.00 X 0 0 0 GARY CARLSON 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 JOE MCCLAFFERTY PRESIDENT 40.00 X 0 111572 22277 MICHAEL BARTH EXECUTIVE DIRECTOR 40.00 X 87060 0 18751 DEANNA JOHNSON ACCOUNTING / BUDGET DIRECTOR 40.00 X 50417 0 15164 137477 646093 172785 0 0 1 0 BLUE RANGE ENGINEERING CO INC 56 E MERCURY STREET BUTTE MT 59701 ENGINEERING SERVICES 187583 1 4097961 837592 4097961 PROGRAM REVENUE 611600 2468 2468 2468 416598 416598 7291493 7065237 226256 226256 226256 INVESTMENT INCOME FROM TRUSTS 900099 52000 52000 52000 4795283 54468 0 642854 2798401 2798401 89700 35436 54264 358743 141744 216999 31280 4693 1993 24594 58838 8827 3750 46261 29006 4351 1849 22806 66940 66940 219756 219756 41763 41763 POSTAGE, SERVICES, SUPP 259463 259463 ENTERTAINMENT 68038 68038 CAPITAL CAMPAIGN 66191 66191 DIRECT COLLEGE SUPPORT 44324 44324 4132443 3069280 262784 800379 406044 873002 1035593 256007 800512 477387 112000 315992 2618211 112147 2513029 2506064 28520280 32900972 1783293 1969693 35170751 39299117 566755 123093 40659 39446 607414 162539 X 2277260 2238682 5248571 8282407 27037506 28615489 34563337 39136578 35170751 39299117 662840 3910401 0 X X 0 1 X 1 0 X 2338443 7730342 3463573 3582218 4097961 21212537 2338443 7730342 3463573 3582218 4097961 21212537 4482250 16730287 497173 519554 460388 370137 416598 2263850 144508 146824 153770 119927 52000 617029 24093416 818635 0.69440 0.66990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 32680035 3781545 4672187 3685187 37448580 31607251 3339320 2504269 4770805 32680035 33023319 3272182 -1160249 3528001 31607251 23546336 7522500 5325253 3370770 33023319 22603042 2164546 3122394 4343646 23546336 0.01470 0.76410 0.22120 1 0 104636 104636 2306447 73031 2233416 105938 39116 66822 101190 101190 2506064 OTHER INVESTMENTS 191140 F TRUSTS HELD BY A THIRD PARTY 1778553 F 1969693 GIFT ANNUITY - DUE TO BENEFICIARIES 39446 39446 X 8705684 3910401 3910401 4795283 0 4795283 4132443 0 4132443 0 4132443 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, 2014, 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) 2798401 STUDENT SCHOLARSHIPS, PROFESSORSHIP SUPPLEMENTS AND PROGRAM DISTRIBUTIONS 1 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 DON BLACKKETTER DIRECTOR 0 202237 0 0 0 910 0 21591 0 31254 0 255992 0 0 X 13 792524 FMV ON DATE OF GIFT X 2 45068 APPRAISAL 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. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT OF THE FINANCIAL AUDIT AND SELECTION OF THE FOUNDATION'S INDEPENDENT ACCOUNTANT DID NOT CHANGE DURING THE YEAR. 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 111572 MONTANA TECH OF THE UNIVERSITY OF MONTANA R 2798401 MONTANA TECH OF THE UNIVERSITY OF MONTANA N 0