MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION (EIN 81-0250363)
Tax period
2010-07-01 to 2011-06-30
Filed
2011-11-09
IRS object ID
201133139349302903
Schema version
2010v3.4
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)
Timestamp2011-11-09T16:23:47-06:00Timestamp
Tax Period End Date2011-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

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 Date2010-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN810250363EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MONTANA TECH FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMONTNameControl
Phone4064964278Phone

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
Phone4064964278Phone
Date Signed2011-10-11DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJAMES E WOYName
Phone4067820451Phone
Date Prepared2011-10-11DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonTRACI O'NEILLNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11300 WEST PARK STREETAddressLine1
CityBUTTECity
StateMTState
ZIP Code59701ZIPCode
FieldValueIRS element (for citing)
Gross Receipts13688296GrossReceipts
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 Body31NbrVotingMembersGoverningBody
Nbr Independent Voting Members31NbrIndependentVotingMembers
Total Nbr Employees7TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year2338443ContributionsGrantsPriorYear
Contributions Grants Current Year7730342ContributionsGrantsCurrentYear
Program Service Revenue Prior Year178182ProgramServiceRevenuePriorYear
Program Service Revenue CY128516ProgramServiceRevenueCY
Investment Income Prior Year1116818InvestmentIncomePriorYear
Investment Income Current Year1600914InvestmentIncomeCurrentYear
Other Revenue Prior Year222620OtherRevenuePriorYear
Other Revenue Current Year217664OtherRevenueCurrentYear
Total Revenue Prior Year3856063TotalRevenuePriorYear
Total Revenue Current Year9677436TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year3770191GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY2704762GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year439102SalariesEtcPriorYear
Salaries Etc Current Year414989SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year404113TotalFundrsngExpCurrentYear
Other Expense Prior Year270671OtherExpensePriorYear
Other Expenses Current Year383090OtherExpensesCurrentYear
Total Expenses Prior Year4479964TotalExpensesPriorYear
Total Expenses Current Year3502841TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-623901RevenuesLessExpensesPriorYear
Revenues Less Expenses CY6174595RevenuesLessExpensesCY
Total Assets BOY24870595TotalAssetsBOY
Total Assets EOY34473286TotalAssetsEOY
Total Liabilities BOY138434TotalLiabilitiesBOY
Total Liabilities EOY143686TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY24732161NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY34329600NetAssetsOrFundBalancesEOY
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
Expense2903090Expense
Revenue199356Revenue
DescriptionSEEK AND INSTITUTE BENEFITS, CONTRIBUTIONS, GIFTS AND GRANTS TO AID AND ASSIST MONTANA TECH OF THE UNIVERSITY OF MONTANADescription
Total Program Service Expense2903090TotalProgramServiceExpense
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 Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109620NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
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
Form1098 C Filed1Form1098CFiled
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members31NbrVotingGoverningBodyMembers
Number Independent Voting Members31NumberIndependentVotingMembers
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 (35 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
MEL BREKHUS
CHAIRMAN1.00XX000
SUNDRA ANDERSON
SECRETARY1.00XX000
DOUG ABBOTT
DIRECTOR1.00X011380515494
VLADIMIR BABICH
DIRECTOR1.00X000
DENNIS CHORNEY
DIRECTOR1.00X000
DOUG COE
DIRECTOR1.00X09065613874
MIKE EISELEIN
DIRECTOR1.00X000
LEIGH FREEMAN
DIRECTOR1.00X000
DR W FRANK GILMORE
DIRECTOR1.00X014983228812
MARK ISTO
DIRECTOR1.00X000
ROBERT IVERSEN
DIRECTOR1.00X000
PETE KNUDSEN
DIRECTOR1.00X010594613514
GREG LECLAIRE
DIRECTOR1.00X000
RYAN LANCE
DIRECTOR1.00X000
DANIEL MANSON
TREASURER1.00XX000
JULIE NORMAN
DIRECTOR1.00X000
DAVE B ROVIG
DIRECTOR1.00X000
HENRY SCHOLZ
DIRECTOR1.00X000
JERRY SCHUYLER
VICE CHAIRMAN1.00XX000
BOB SHOGREN
DIRECTOR1.00X000
EDWARD SIMONICH
DIRECTOR1.00X000
MAC PETERSON
DIRECTOR1.00X000
RANDY VOGEL
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
DIRECTOR1.00X000
SANDY STASH
DIRECTOR1.00X000
MIKE JOHNSON
PRESIDENT20.00X1400010200914913
FieldValueIRS element (for citing)
Total Reportable Comp From Org14000TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs562248TotalReportableCompFrmRltdOrgs
Total Other Compensation86607TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions7730342AllOtherContributions
Total Contributions7730342TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionPROGRAM REVENUEDescription
Business Code611600BusinessCode
Total Revenue Column128516TotalRevenueColumn
Related Or Exempt Function Income128516RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue128516TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column519554TotalRevenueColumn
Exclusion$519,554ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities5092220Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities4010860Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities1081360Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column1081360TotalRevenueColumn
Exclusion$1,081,360ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnExclusionExclusionAmountRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
INVESTMENT INCOME FROM900099146824$146,824
OPERATING SUPPORT FROM6116007084070840
FieldValueIRS element (for citing)
Total Other Revenue217664TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column9677436TotalRevenueColumn
Related Or Exempt Function Income199356RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$1,747,738ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total2704762Total
Program Services2704762ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total88840Total
Management And General88840ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total253603Total
Program Services53434ProgramServices
Fundraising200169Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total22452Total
Program Services7224ProgramServices
Fundraising15228Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total29215Total
Program Services2827ProgramServices
Fundraising26388Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total20879Total
Program Services6895ProgramServices
Fundraising13984Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total68913Total
Program Services68913ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total106798Total
Management And General106798ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total3768Total
Fundraising3768Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalFundraisingFundraisingProgram ServicesProgramServices
POSTAGE, SERVICES, SUPP108689108689
DIRECT COLLEGE SUPPORT5903559035
CAPITAL CAMPAIGN2293422934
ENTERTAINMENT1295312953

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total3502841Total
Program Services2903090ProgramServices
Management And General195638ManagementAndGeneral
Fundraising404113Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY241417BOY
EOY847564EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY759095BOY
EOY2544527EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY372465BOY
EOY1433241EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY54698BOY
EOY1190844EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
EOY67EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis269039LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec52570LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY163573BOY
EOY216469EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY21608523BOY
EOY26402324EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY1645859BOY
EOY1838250EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY24965BOY
EOY0EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY24870595BOY
EOY34473286EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY92001BOY
EOY88011EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY46433BOY
EOY55675EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY138434BOY
EOY143686EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY1755621BOY
EOY1933629EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY2280620BOY
EOY7340272EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY20695920BOY
EOY25055699EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY24732161BOY
EOY34329600EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY24870595BOY
EOY34473286EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses6174595ReconcilationRevenueExpenses
Reconcilation Other Changes3422844ReconcilationOtherChanges
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 Years4482434CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years3729155CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2624128CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2338443CurrentTaxYearMinus1Year
Current Tax Year7730342CurrentTaxYear
Total20904502Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years4482434CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years3729155CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2624128CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2338443CurrentTaxYearMinus1Year
Current Tax Year7730342CurrentTaxYear
Total20904502Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total2551485AmountsSubstContributorsTotal
Public Support Total17018353017PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years697915CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years879696CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years745131CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year497173CurrentTaxYearMinus1Year
Current Tax Year519554CurrentTaxYear
Total3339469Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years85145CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years130708CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years144508CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year144508CurrentTaxYearMinus1Year
Current Tax Year146824CurrentTaxYear
Total651693Total
FieldValueIRS element (for citing)
Total Support24895664TotalSupport
Gross Receipts From Admissions Etc994013GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.73720PublicSupportPertcentage170
Public Support Pertcent Prior Year0.70990PublicSupportPertcentPriorYear
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 Balance23546336BeginningOfYearBalance
Contributions7522500Contributions
Investment Earnings Or Losses5325253InvestmentEarningsOrLosses
Other Expenditures3370770OtherExpenditures
End Of Year Balance33023319EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

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

Current Year Minus2 Years CurrentYearMinus2Years

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 Balance0.01900BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.75870PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.22230TermEndowmentEOYBalance
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 Basis250039OtherCostOrOtherBasis
Depreciation52570Depreciation
Book Value197469BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings216469TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
OTHER INVESTMENTS178677F
TRUSTS HELD BY A THIRD PARTY1659573F
FieldValueIRS element (for citing)
Total Of Book Value Securities1838250TotalOfBookValueSecurities

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionGIFT ANNUITY - DUE TO BENEFICIARIESDescription
Amount$55,675Amount
FieldValueIRS element (for citing)
Total Of Amounts55675TotalOfAmounts
Total Revenue9677436TotalRevenue
Total Expenses3502841TotalExpenses
Excess Or Deficit For Year6174595ExcessOrDeficitForYear
Net Unrealized GL On Investments3430786NetUnrealizedGLOnInvestments
Other-$7,942OtherAmount
Total Adjustments3422844TotalAdjustments
Excess Or Deficit Per FS9597439ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt13100280TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments3422844NetUnrealizedGainsInvestments
Revenue Not Rptd F9903422844RevenueNotRptdF990
Revenue Subtotal9677436RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9909677436TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt3502841TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal3502841ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form9903502841TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifierExplanationExplanation
PART XI, LINE 8 - OTHER ADJUSTMENTS:CHANGE IN VALUE OF SPLIT INTEREST A -7,942.
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 Grant2704762AmountOfCashGrant
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

FieldValueIRS element (for citing)
Name PersonDR W FRANK GILMORENamePerson
Base Compensation Filing Org0BaseCompensationFilingOrg
Comp Based On Related Orgs154450CompBasedOnRelatedOrgs
Bonus Filing Org0BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org0OtherCompensationFilingOrg
Other Compensation Related Orgs28812OtherCompensationRelatedOrgs
Deferred Comp Filing Org0DeferredCompFilingOrg
Deferred Comp Related Orgs9199DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org0NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org0TotalCompensationFilingOrg
Total Compensation Related Orgs192461TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)

RelationshipRelationshipDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenues
BOB BENTLEY SR
BOARD MEMBERTHE FOUNDATION SIGNED A CONTRACT ON JUNE 24, 2011, TO CONSTRUCT THE UNIVERSITY RELATIONS CENTER. THE PROJECT IS EXPECTED TO BE COMPLETE BY JUNE 30, 2012. NO SIGNIFICANT CONSTRUCITON WAS IN PROGRESS AT JUNE 30, 2011.0
BOB BENTLEY JR
BOARD MEMBERTHE FOUNDATION SIGNED A CONTRACT ON JUNE 24, 2011, TO CONSTRUCT THE UNIVERSITY RELATIONS CENTER. THE PROJECT IS EXPECTED TO BE COMPLETE BY JUNE 30, 2012. NO SIGNIFICANT CONSTRUCITON WAS IN PROGRESS AT JUNE 30, 2011.0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
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.
FORM 990, PART VI, SECTION B, LINE 11IT IS MONTANA TECH FOUNDATION'S POLICY THAT BOARD OF DIRECTORS REVIEW THE IRS FORM 990 THAT IS FILED ON THE ORGANIZATIONS 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.
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 12C
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 PRESIDENTS WAGE TO REIMBURSES THE MONTANA TECH OF THE UNIVERSITY OF MONTANA. PERIODICALLY THE BOARD WILL AWARD THE EXECUTIVE DIRECTOR WITH A PERFORMANCE BONUS.FORM 990, PART VI, SECTION B, LINE 15
FINANCIAL STATEMENTS AND OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.FORM 990, PART VI, SECTION C, LINE 19
CHANGES IN NET ASSETS OR FUND BALANCES:NET UNREALIZED GAINS ON INVESTMENTS: 3,430,786. CHANGE IN VALUE OF SPLIT INTEREST A -7,942. TOTAL TO FORM 990, PART XI, LINE 5: 3,422,844.FORM 990, PART XI, LINE 5:

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 Royalties1ReceiptOfIntAnnRentsRoyalties
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
K70840
MONTANA TECH OF THE UNIVERSITY OF MONTANA
M0
MONTANA TECH OF THE UNIVERSITY OF MONTANA
N102009
MONTANA TECH OF THE UNIVERSITY OF MONTANA
Q2763797

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