MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION (EIN 81-0250363)
Tax period
2011-07-01 to 2012-06-30
Filed
2012-11-05
IRS object ID
201213109349300626
Schema version
2011v1.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-11-05T10:45:17-06:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN810385940EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1ANDERSON ZURMUEHLEN & CO PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 748AddressLine1
CityBUTTECity
StateMTState
ZIP Code59703ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN810250363EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MONTANA TECH FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMONTNameControl
Phone4064964615Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11300 WEST PARK STREETAddressLine1
CityBUTTECity
StateMTState
ZIP Code59701ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDAN MANSONName
TitleTREASURER/DIRECTORTitle
Phone4064964615Phone
Date Signed2012-10-02DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJAMES E WOYName
PTINP00102054PTIN
Phone4067820451Phone
Date Prepared2012-10-02DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonMICHAEL BARTHNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11300 WEST PARK STREETAddressLine1
CityBUTTECity
StateMTState
ZIP Code59701ZIPCode
FieldValueIRS element (for citing)
Gross Receipts28863485GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.MTECH.EDU/FOUNDATIONWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1967YearFormation
State Legal DomicileMTStateLegalDomicile
Activity Or Mission DescriptionADVANCE THE TEACHING, RESEARCH, AND PUBLIC SERVICE ENDEAVORS OF MONTANA TECH.ActivityOrMissionDescription
Nbr Voting Members Governing Body34NbrVotingMembersGoverningBody
Nbr Independent Voting Members34NbrIndependentVotingMembers
Total Nbr Employees7TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year7730342ContributionsGrantsPriorYear
Contributions Grants Current Year3463573ContributionsGrantsCurrentYear
Program Service Revenue Prior Year128516ProgramServiceRevenuePriorYear
Program Service Revenue CY201243ProgramServiceRevenueCY
Investment Income Prior Year1600914InvestmentIncomePriorYear
Investment Income Current Year3849793InvestmentIncomeCurrentYear
Other Revenue Prior Year217664OtherRevenuePriorYear
Other Revenue Current Year222775OtherRevenueCurrentYear
Total Revenue Prior Year9677436TotalRevenuePriorYear
Total Revenue Current Year7737384TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year2704762GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY2843203GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year414989SalariesEtcPriorYear
Salaries Etc Current Year426261SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year405244TotalFundrsngExpCurrentYear
Other Expense Prior Year383090OtherExpensePriorYear
Other Expenses Current Year390114OtherExpensesCurrentYear
Total Expenses Prior Year3502841TotalExpensesPriorYear
Total Expenses Current Year3659578TotalExpensesCurrentYear
Revenues Less Expenses Prior Year6174595RevenuesLessExpensesPriorYear
Revenues Less Expenses CY4077806RevenuesLessExpensesCY
Total Assets BOY34473286TotalAssetsBOY
Total Assets EOY33202834TotalAssetsEOY
Total Liabilities BOY143686TotalLiabilitiesBOY
Total Liabilities EOY211184TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY34329600NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY32991650NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTHE 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.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense3001046Expense
Revenue270248Revenue
DescriptionSEEK AND INSTITUTE BENEFITS, CONTRIBUTIONS, GIFTS AND GRANTS TO AID AND ASSIST MONTANA TECH OF THE UNIVERSITY OF MONTANADescription
Total Program Service Expense3001046TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities1ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp1OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org1TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109616NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees7NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions1QuidProQuoContributions
Quid Pro Quo Disclosure1QuidProQuoDisclosure
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members34NbrVotingGoverningBodyMembers
Number Independent Voting Members34NumberIndependentVotingMembers
Family Or Business Relationship1FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Own WebsiteXOwnWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1DEANNA JOHNSONBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number4064964278TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11300 WEST PARK STREETAddressLine1
CityBUTTECity
StateMTState
ZIP Code59701ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (36 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerFormerFormer
MEL BREKHUS
DIRECTOR1.00X000
SUNDRA ANDERSON
SECRETARY1.00X000X
DOUG ABBOTT
DIRECTOR1.00X011320915833
VLADIMIR BABICH
DIRECTOR1.00X000
DENNIS CHORNEY
DIRECTOR1.00X000
DOUG COE
DIRECTOR1.00X09079514207
LEIGH FREEMAN
DIRECTOR1.00X000
MARK ISTO
DIRECTOR1.00X000
PETE KNUDSEN
DIRECTOR1.00X010721313941
RYAN LANCE
DIRECTOR1.00X000
DANIEL MANSON
TREASURER1.00X000X
HENRY SCHOLZ
DIRECTOR1.00X000
JERRY SCHUYLER
CHAIRMAN1.00X000X
BOB SHOGREN
DIRECTOR1.00X000
EDWARD SIMONICH
DIRECTOR1.00X000
MAC PETERSON
DIRECTOR1.00X000
DALE BARNUM
DIRECTOR1.00X000
BOB BENTLEY JR
DIRECTOR1.00X000
CARL BURGMAN
DIRECTOR1.00X000
GARY KOLSTAD
DIRECTOR1.00X000
ED KONDA
DIRECTOR1.00X000
DAVID SEARLE
DIRECTOR1.00X000
BOB BENTLEY SR
DIRECTOR1.00X000
TOM DYK
DIRECTOR1.00X000
DAVID ERICKSON
DIRECTOR1.00X000
MARC LEVIER
VICE CHAIRMAN1.00X000X
SANDY STASH
DIRECTOR1.00X000
TOM BANDY
DIRECTOR1.00X000
DON BLACKKETTER
DIRECTOR1.00X08552618966
BRIAN ERICKSON
DIRECTOR1.00X000
TERRY HOLZWARTH
DIRECTOR1.00X000
BILL MADISON
DIRECTOR1.00X000
PAT O'BRIEN
DIRECTOR1.00X000
TRACI O'NEILL
INTERIM PRESIDENT20.0006687912779X
DR W FRANK GILMORE
DIRECTOR1.00012518518966X
MIKE JOHNSON
PRESIDENT20.00200009328914648X
FieldValueIRS element (for citing)
Total Reportable Comp From Org20000TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs682096TotalReportableCompFrmRltdOrgs
Total Other Compensation109340TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed1FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions3463573AllOtherContributions
Total Contributions3463573TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionPROGRAM REVENUEDescription
Business Code611600BusinessCode
Total Revenue Column201243TotalRevenueColumn
Related Or Exempt Function Income201243RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue201243TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column460388TotalRevenueColumn
Exclusion$460,388ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities24515506Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities21126101Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities3389405Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column3389405TotalRevenueColumn
Exclusion$3,389,405ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnExclusionExclusionAmountRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
INVESTMENT INCOME FROM900099153770$153,770
OPERATING SUPPORT FROM6116006900569005
FieldValueIRS element (for citing)
Total Other Revenue222775TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column7737384TotalRevenueColumn
Related Or Exempt Function Income270248RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$4,003,563ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total2843203Total
Program Services2843203ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total117244Total
Management And General117244ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total234902Total
Program Services35585ProgramServices
Fundraising199317Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total24033Total
Program Services8021ProgramServices
Fundraising16012Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total29302Total
Program Services2914ProgramServices
Fundraising26388Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total20780Total
Program Services6202ProgramServices
Fundraising14578Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total63168Total
Program Services63168ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total136044Total
Management And General136044ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total4359Total
Fundraising4359Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalFundraisingFundraisingProgram ServicesProgramServices
POSTAGE, SERVICES, SUPP101835101835
DIRECT COLLEGE SUPPORT4195341953
CAPITAL CAMPAIGN3650036500
ENTERTAINMENT62556255

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total3659578Total
Program Services3001046ProgramServices
Management And General253288ManagementAndGeneral
Fundraising405244Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY847564BOY
EOY331713EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY2544527BOY
EOY2429582EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY1433241BOY
EOY1113555EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY1190844BOY
EOY332973EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY67BOY
EOY0EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis1613770LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec21263LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY216469BOY
EOY1592507EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY26402324BOY
EOY25703991EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY1838250BOY
EOY1698513EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY34473286BOY
EOY33202834EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY88011BOY
EOY147921EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY55675BOY
EOY63263EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY143686BOY
EOY211184EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY1933629BOY
EOY2090412EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY7340272BOY
EOY4988566EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY25055699BOY
EOY25912672EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY34329600BOY
EOY32991650EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY34473286BOY
EOY33202834EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses4077806ReconcilationRevenueExpenses
Reconcilation Other Changes-5415756ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College Support Org170b1 AivXCollegeSupportOrg170b1Aiv

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years3729155CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2624128CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2338443CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year7730342CurrentTaxYearMinus1Year
Current Tax Year3463573CurrentTaxYear
Total19885641Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years3729155CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2624128CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2338443CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year7730342CurrentTaxYearMinus1Year
Current Tax Year3463573CurrentTaxYear
Total19885641Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total4096365AmountsSubstContributorsTotal
Public Support Total17015789276PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years879696CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years745131CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years497173CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year519554CurrentTaxYearMinus1Year
Current Tax Year460388CurrentTaxYear
Total3101942Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years130708CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years144508CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years144508CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year146824CurrentTaxYearMinus1Year
Current Tax Year153770CurrentTaxYear
Total720318Total
FieldValueIRS element (for citing)
Total Support23707901TotalSupport
Gross Receipts From Admissions Etc1177984GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.66600PublicSupportPertcentage170
Public Support Pertcent Prior Year0.73720PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc1AgentTrusteeEtc

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance33023319BeginningOfYearBalance
Contributions3272182Contributions
Investment Earnings Or Losses-1160249InvestmentEarningsOrLosses
Other Expenditures3528001OtherExpenditures
End Of Year Balance31607251EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance23546336BeginningOfYearBalance
Contributions7522500Contributions
Investment Earnings Or Losses5325253InvestmentEarningsOrLosses
Other Expenditures3370770OtherExpenditures
End Of Year Balance33023319EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance22603042BeginningOfYearBalance
Contributions2164546Contributions
Investment Earnings Or Losses3122394InvestmentEarningsOrLosses
Other Expenditures4343646OtherExpenditures
End Of Year Balance23546336EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance25209361BeginningOfYearBalance
Contributions2995907Contributions
Investment Earnings Or Losses-2023286InvestmentEarningsOrLosses
Other Expenditures3578940OtherExpenditures
End Of Year Balance22603042EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.02200BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.82000PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.15800TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs1EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis19000OtherCostOrOtherBasis
Book Value19000BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis1594770OtherCostOrOtherBasis
Depreciation21263Depreciation
Book Value1573507BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings1592507TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
OTHER INVESTMENTS181563F
TRUSTS HELD BY A THIRD PARTY1516950F
FieldValueIRS element (for citing)
Total Of Book Value Securities1698513TotalOfBookValueSecurities

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionGIFT ANNUITY - DUE TO BENEFICIARIESDescription
Amount$63,263Amount
FieldValueIRS element (for citing)
Total Of Amounts63263TotalOfAmounts
Total Revenue7737384TotalRevenue
Total Expenses3659578TotalExpenses
Excess Or Deficit For Year4077806ExcessOrDeficitForYear
Net Unrealized GL On Investments-5403325NetUnrealizedGLOnInvestments
Other-$12,431OtherAmount
Total Adjustments-5415756TotalAdjustments
Excess Or Deficit Per FS-1337950ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt2321628TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments-5415756NetUnrealizedGainsInvestments
Revenue Not Rptd F990-5415756RevenueNotRptdF990
Revenue Subtotal7737384RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9907737384TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt3659578TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal3659578ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form9903659578TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifierExplanationExplanation
PART XI, LINE 8 - OTHER ADJUSTMENTS:CHANGE IN VALUE OF SPLIT INTEREST A -12,431.
THE ORGANIZATION USES ENDOWMENT FUNDS TO GENERATE INCOME FROM INVESTMENTS TO SUPPORT THE COLLEGE.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1MONTANA TECH OF THE UNIVERSITY OF MONTANABusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11300 WEST PARK STREETAddressLine1
CityBUTTECity
StateMTState
ZIP Code59701ZIPCode
FieldValueIRS element (for citing)
EIN Of Recipient816001654EINOfRecipient
IRC Section501(C)(1)IRCSection
Amount Of Cash Grant2843203AmountOfCashGrant
Purpose Of GrantSTUDENT SCHOLARSHIPS, PROFESSORSHIP SUPPLEMENTS AND PROGRAM DISTRIBUTIONSPurposeOfGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, 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.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
DR W FRANK GILMORE
012518500000779500013298000
MIKE JOHNSON
093289200000000000200009328900

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)

RelationshipRelationshipAmount Of TransactionAmountOfTransactionDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenues
BOB BENTLEY SR
BOARD MEMBER272000THE FOUNDATION SIGNED A CONTRACT ON JUNE 24, 2011, TO CONSTRUCT THE UNIVERSITY RELATIONS CENTER. THE PROJECT WAS STILL UNDER CONSTRUCTION AS OF JUNE 30, 2012.0
BOB BENTLEY JR
BOARD MEMBER272000THE FOUNDATION SIGNED A CONTRACT ON JUNE 24, 2011, TO CONSTRUCT THE UNIVERSITY RELATIONS CENTER. THE PROJECT WAS STILL UNDER CONSTRUCTION AS OF JUNE 30, 2012.0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 2TWO MEMBERS OF THE BOARD OF DIRECTORS, BOB BENTLEY SR. AND BOB BENTLEY JR., ARE FATHER AND SON. TWO MEMBERS OF THE BOARD OF DIRECTORS, DAVID ERICKSON AND BRIAN ERICKSON, ARE BROTHERS.
FORM 990, PART VI, SECTION B, LINE 11IT IS MONTANA TECH FOUNDATION'S POLICY THAT THE BOARD OF DIRECTORS REVIEW THE IRS FORM 990 THAT IS 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 12CBOARD 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 15THE 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 EXECUTIVE DIRECTOR WITH A PERFORMANCE BONUS.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS AND OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 5:NET UNREALIZED LOSSES ON INVESTMENTS: -5,403,325. CHANGE IN VALUE OF SPLIT INTEREST A -12,431. TOTAL TO FORM 990, PART XI, LINE 5: -5,415,756.CHANGES IN NET ASSETS OR FUND BALANCES:

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1MONTANA TECH OF THE UNIVERSITY OF MONTANABusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11300 WEST PARK STREETAddressLine1
CityBUTTECity
StateMTState
ZIP Code59701ZIPCode
FieldValueIRS element (for citing)
EIN816001654EIN
Primary ActivitiesUNIVERSITYPrimaryActivities
Legal Domicile StateMTLegalDomicileState
Exempt Code Section501(C)(1)ExemptCodeSection
Public Charity Status2PublicCharityStatus
Controlled Org0ControlledOrg
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs1RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs1PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities1SharingOfFacilities
Sharing Of Paid Employees1SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org1OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolved
MONTANA TECH OF THE UNIVERSITY OF MONTANA
J1
MONTANA TECH OF THE UNIVERSITY OF MONTANA
K69005
MONTANA TECH OF THE UNIVERSITY OF MONTANA
M0
MONTANA TECH OF THE UNIVERSITY OF MONTANA
N160168
MONTANA TECH OF THE UNIVERSITY OF MONTANA
Q2885156

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