Missouri-Madison River Fund logo

Missouri-Madison River Fund

Public charity · Grantmaker Milwaukee, WI EIN: 94-6722256 Website

Pays on behalf of governmental and nonprofit organizations to help develop public recreation resources in the area that includes the nine Missouri-madison rivers dams, reservoirs and 350 miles of river located within the state of Montana. This benefits all of the citizens of the state of Montana together with a large number of out of state tourists and recreationalists each year.

Missouri-Madison River Fund at a glance

In short: Missouri-Madison River Fund gave $1.1M across 7 grants in 2024 (avg $164K), mostly in Montana. Source: 2024 IRS Form 990.

Annual giving (2024)
$1,149,788
+68.2% vs 2023
Grants made (2024)
7
+0.0% vs 2023
Average grant
$164,255
+68.2% vs 2023
Median grant
$21,600
Total assets
$6,757,633
-1.8% vs 2023
Primary geography
Montana (92% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who Missouri-Madison River Fund funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Bureau of Land Managment: $550KBureau of Land Managment$550KMontana Department of Fish Wildlife and Parks: $446KMontana Department of FishWildlife and Parks$446KUS Forest Service: $96KUS Forest Service$96KTown of Cascade: $22KTown of Cascade$22KChouteau County Fair Board: $19KChouteau County Fair Board$19KCity of Fort Benton: $11KCity of Fort Benton$11KTitan Inc: $6KTitan Inc$6K

The largest 2024 recipient was Bureau of Land Managment ($550K). Together the top 7 received $1.1M.

Grant Size Distribution

33 grants across all recorded years

17<$50K3$50–100K7$100–250K5$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 33 (52%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

ButteCarterHelenaPortlandCascadeFort BentonGreat FallsEnnis

How Missouri-Madison River Fund gives

  • Giving grew 29% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M7 grants2020 6 grants2021 6 grants2022 7 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $511K (2022) to $1.1M (2024). In 2024 it made 7 grants totaling $1.1M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Bureau of Land Managment Butte, MTMaintenance and Improvements$550,471
Montana Department of Fish Wildlife and Parks Helena, MTMaintenance and Improvements$446,002
US Forest Service Portland, ORGeneral Operating$96,240
Town of Cascade Cascade, MTPark Operating and Maintenace$21,600
Chouteau County Fair Board Carter, MTCanoe Camp$18,550
City of Fort Benton Fort Benton, MTBoat Launch$10,800
Titan Inc Ennis, MTWest Bank Viewer and Canoe Launch$6,125
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$6,757,633$1,093,834$1,219,220$1,149,7887$351,567
2023$6,882,666$1,307,435$1,135,615$683,5567$530,437
2022$6,710,877$992,463$615,271$511,0776$413,465
2021$6,336,282$799,510$965,807$892,8456$261,733
2020$6,502,808$888,828$905,360$812,3247$396,561

About Missouri-Madison River Fund

Based on IRS filings

Missouri-Madison River Fund is a public charity focused on Human Services, based in Milwaukee, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 7 grants totaling $1.1M. Net investment income was $352K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Missouri-Madison River Fund is led by Andy Hunthausen, Chairman since 2024 (on filings since 2020); none of the 13 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Andy Hunthausen

    Chairman

    Commissioner → Chairman, 2024

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Bob Pasha

    Commissioner

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Joe Skinner

    Vice Chairman

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Mary Gail Sullivan

    Secretary

    Secretary → Secretary & Treasurer, 2021

    Secretary & Treasurer → Secretary, 2023

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Beth Shumate

    Administrator

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Bill Avey

    Forest Supervisor

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Bruce Pollington

    Commissioner

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Charles Hueth

    Canyon Ferry Facility Ops Specialist

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Dan Stremcha

    Facility Manager

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Debi Randolph

    Commissioner

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Don Ryan

    Commissioner

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Lindsey Babcock

    Field Manager

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Ron Nye

    Commissioner

    On filings since 2021

    5 hrs/week

    No compensation reported

Former officers (9)
  • Former: Jane Weber (2020) — Commissioner
  • Former: Jim Hart (2020) — Chairman
  • Former: Laura Obert (2020) — Commissioner
  • Former: Lee Holmes (2020) — Resources & Rec
  • Former: Lisa Stoeffler (2020) — Treasuer
  • Former: Pam Sveinson (2020) — Public Representative
  • Former: Rick Hotaling (2020) — Director
  • Former: Scott Haight (2020) — Acting Manager
  • Former: Tom Reilly (2020) — Administrator - Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Missouri-Madison River Fund

How much does Missouri-Madison River Fund give each year?

Missouri-Madison River Fund gave $1.1M across 7 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $684K across 7 grants.

What is Missouri-Madison River Fund's typical grant size?

Missouri-Madison River Fund's median grant in 2024 was $21,600, and its average grant was $164,255, across 7 grants on its 2024 IRS Form 990.

Where does Missouri-Madison River Fund give grants?

Missouri-Madison River Fund gives mostly in Montana: 92% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Oregon (8%).

Does Missouri-Madison River Fund give general operating support?

Yes: 29% of Missouri-Madison River Fund's 2024 grants with a stated purpose (2 of 7) were for general or operating support, per its 2024 IRS Form 990.

Who are Missouri-Madison River Fund's largest grantees?

Missouri-Madison River Fund's largest 2024 grantees include Bureau of Land Managment ($550,471), Montana Department of Fish Wildlife and Parks ($446,002) and US Forest Service ($96,240), according to its 2024 IRS Form 990. Together they received 95% of its itemized 2024 grant dollars.

How large is Missouri-Madison River Fund?

Missouri-Madison River Fund reported $6.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.1M.

What is Missouri-Madison River Fund?

Missouri-Madison River Fund is a public charity focused on Human Services, based in Milwaukee, WI. It holds $6.8M in total assets as of 2024.

What is Missouri-Madison River Fund's EIN?

Missouri-Madison River Fund's EIN (Employer Identification Number) is 94-6722256. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS October 28, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS September 26, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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Figures come from Missouri-Madison River Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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