The Montana Healthcare Foundation is a 501(c)(3) private foundation based in Bozeman, Montana. Established in 2013 as a result of the sale of Blue Cross Blue Shield of Montana, the foundation was created by state law to manage assets from this sale for public benefit. As a permanent foundation, it functions as a stable and reliable resource for improving health in Montana.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$5.2M

-7.4% YoY

Grant Count

162

-16.1% YoY

Avg Grant Size

$32K

+10.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Montana Healthcare Foundation makes strategic investments to improve the health and well-being of all Montanans. The foundation contributes to a measurably healthier state by:

  • Supporting access to quality and affordable health services
  • Conducting evidence-driven research and analysis
  • Addressing upstream influences on health and illness
  • Providing funding, leadership, and expertise to help communities tackle Montana's most important health problems

The foundation prioritizes supporting the health and well-being of people and communities at increased risk for poor health outcomes because of income, geographic barriers, the availability and accessibility of health and social services, and health disparities.

Grantmaking

The foundation provides multiple forms of support to advance its mission:

Ready to take the next step with Montana Healthcare Foundation?

Geographic Focus

Where this funder awards grants

The foundation's primary focus is Montana, with some grantmaking activity in California.

Grant Distribution by State

3states

Cities

ANACONDAARLEEBIG SANDYBIG TIMBERBIGFORKBILLINGSBOSTONBOX ELDERBOZEMANBROWNINGBUTTECHOTEAUCOLUMBIA FALLSCONRADCROW AGENCYCUT BANKDILLONDODSONENNISGARRYOWEN

Financial History

Multi-year comparison from IRS filings

Assets: $283,925,399 (as of 2024)

Annual Giving: $5,168,456 (2024)

Revenue: $30,150,934 (2024)

Expenses: $10,325,923 (2024)

Total Liabilities: $2,94,000 (2024)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$6M95 grants2020102 grants2021113 grants2022193 grants2023162 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CONFEDERATED SALISH & KO…$150KALL NATIONS HEALTH CENTER$76KBEHAVIORAL HEALTH ALLIAN…$50KBENEFIS HEALTH SYSTEM FO…$50KBENEFIS HEALTH SYSTEM FO…$50KBLACKFEET TRIBAL HEALTH$50KBLACKFEET TRIBAL HEALTH$50KCONFLUENCE PUBLIC HEALTH…$50KBIG SANDY MEDICAL CENTER$42KBILLINGS CLINIC$37K

Grant Size Distribution

250 grants across all recorded years

155<$50K77$50–100K17$100–250K1$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Montana Healthcare Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Confederated Salish & Kootenai Tribal Health ($150,000), All Nations Health Center ($76,196), Behavioral Health Alliance of Montana ($50,000).

RecipientPurposeAmount
ACTION INC BUTTE, MTBUTTE HOUSING IS HEALTHCARE (HIH) PERMANENT SUPPORTIVE HOUSING PROJECT$12,500
ACTION INC BUTTE, MTBUTTE PERMANENT SUPPORTIVE HOUSING PLANNING AND DEVELOPMENT$20,000
ALL NATIONS HEALTH CENTER MISSOULA, MTALL NATIONS ROADMAP TO SUCCESS$76,196
ALLIANCE FOR YOUTH INC GREAT FALLS, MTRECOVERY MENTOR PROGRAM: EXPANDING RECOVERY SUPPORT SERVICES AND BUILDING THE PEER SUPPORT WORKFORCE PIPELINE$18,750
ALLIANCE FOR YOUTH INC GREAT FALLS, MTRECOVERY MENTOR PROGRAM: EXPANDING RECOVERY SUPPORT SERVICES AND BUILDING THE PEER SUPPORT WORKFORCE PIPELINE$18,750
APSAALOOKE NATION HOUSING AUTHORITY CROW AGENCY, MTAPSAALOOKE NATION HOUSING AUTHORITY NEEDS ASSESSMENT/CAPACITY BUILDING$26,046
ARLEE COMMUNITY DEVELOPMENT CORPORATION ARLEE, MTBUILDING ORGANIZATIONAL RESILIENCE: SUSTAINING & STRENGTHENING ORGANIZATIONAL SUPPORT AND CONTRIBUTIONS TO CONFEDERATED SALISH AND KOOTENAI TRIBES (CSKT) CHILDREN'S HEALTH INSURANCE PROGRAM (CHIP) HEALTH INITIATIVE IN THE JOCKO VALLEY$30,000
BARRETT HOSPITAL AND HEALTHCARE DILLON, MTBEHAVIORAL HEALTH CONSOLIDATION GRANT$12,500
BARRETT HOSPITAL AND HEALTHCARE DILLON, MTBEHAVIORAL HEALTH CONSOLIDATION GRANT$12,500
BEHAVIORAL HEALTH ALLIANCE OF MONTANA MISSOULA, MTSUSTAINABLE OPERATING FUNDING$50,000

Leadership & Key People

Leadership team and compensation from IRS filings

Board of Trustees:

  • Paul Cook, Chair
  • Gerald Gray, Vice-Chair
  • William Underriner, Treasurer
  • Michael Harrington, Secretary
  • Judith Lapan, Trustee
  • Joanne Pieper, Trustee

Executive Leadership:

  • Aaron Wernham, CEO
  • Price Klaas, Operations Director
  • Scott Malloy, Program Director
  • Tressie White, Program Director
  • Kiely Houston, Data & Evaluation Manager
  • Tracy Menuez, Senior Program Officer

Staff: The foundation employs 16 staff members.

Compensation Overview

From 2024 IRS filing

AARON WERNHAMCEO$342KPAUL COOKCHAIR$36KGERALD GRAYVICE-CHAIR$36KWILLIAM UNDERRINERTREASURER$36KMICHAEL HARRINGTONSECRETARY$36KJUDITH LAPANTRUSTEE$36KJOANNE PIEPERTRUSTEE$36K

From 2024 filing

NameTitleHoursCompensation
PAUL COOKCHAIR10$36,000
GERALD GRAYVICE-CHAIR8$36,000
WILLIAM UNDERRINERTREASURER12$36,000
MICHAEL HARRINGTONSECRETARY7$36,000
JUDITH LAPANTRUSTEE8$36,000
JOANNE PIEPERTRUSTEE9$36,000
AARON WERNHAMCEO40$342,498

Contact Information

Address: 777 East Main Street, Suite 201, Bozeman, Montana 59715

Phone: (406) 451-7060

Email: info@mthcf.org

Website: mthf.org

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Montana Healthcare Foundation fund?

The Montana Healthcare Foundation makes strategic investments to improve the health and well-being of all Montanans. The foundation contributes to a measurably healthier state by: • Supporting access to quality and affordable health services • Conducting evidence-driven research and analysis • Addressing upstream influences on health and illness • Providing funding, leadership, and expertise to help communities tackle Montana's most important health problems The foundation prioritizes supportin…

How do I apply for a grant from Montana Healthcare Foundation?

**Grant Amounts:** Typical awards range from $5,000 to $400,000, with a median grant amount of $25,000. **Recent Grant Activity:** The foundation made 162 grants in 2024, including: • Montana Public Health Institute Start Up: $200,000 • Logan Health-Whitefish Foundation for School Based Health Center programs in St. Ignatius and Charlo School Districts: $100,000 **Foundation Activities Beyond Grants:** The foundation provides multiple forms of support to advance its mission: • **Direct Programs…

Where does Montana Healthcare Foundation make grants?

The foundation's primary focus is Montana, with some grantmaking activity in California.

What size grants does Montana Healthcare Foundation award?

In 2024, Montana Healthcare Foundation awarded 162 grants totaling $5.2M — an average of about $32K per grant, based on its IRS Form 990 filings.

What is Montana Healthcare Foundation's EIN?

Montana Healthcare Foundation's EIN (Employer Identification Number) is 46-6854005. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Montana Healthcare Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Montana Healthcare Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Montana Healthcare Foundation to a real strategy.

Plan your approach