Montana State University Billings Foundation & Alumni
Montana State University Billings Foundation is a publicly supported, non-profit corporation founded in 1968 to advance the goals of Montana State University Billings by (1) establishing lifelong relationships with university students, parents, faculty, alumni, friends and community partners; (2) creating pathways to success and sustaining them through philanthropy, stewardship and community engagement; (3) seeking and nurturing innovative partnerships to support the realization of current and emerging university priorities; and (4) fostering a culture of inclusivity that celebrates diversity on campus and beyond.
Montana State University Billings Foundation & Alumni at a glance
In short: Montana State University Billings Foundation & Alumni gave $2.7M across 2 grants in 2025 (avg $1.4M), mostly in Montana. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,739,809
- +8.2% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $1,369,905
- +8.2% vs 2024
- Median grant
- $1,369,905
- Total assets
- $54,369,234
- +13.9% vs 2024
- Primary geography
- Montana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Montana State University Billings Foundation & Alumni funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Montana State University Billings ($720K).
Organizations only. It also paid 1 individual scholarship ($2,020,288), which are not listed by name.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 8 (63%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Montana State University Billings Foundation & Alumni gives
- Giving grew 22% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.7M (2019) to $2.7M (2025). In 2025 it made 2 grants totaling $2.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $2,020,288 |
| Montana State University Billings Billings, MT | To support Montana State University Billings academic programs; campus projects; campus and community outreach initiatives; and alumni relations activities. | $719,521 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $54,369,234 | $4,453,219 | $4,397,143 | $2,739,809 | 2 | $296,250 |
| 2024 | $47,725,720 | $7,916,912 | $4,128,439 | $2,532,498 | 2 | $1,811,959 |
| 2023 | $40,792,683 | $3,098,473 | $3,361,935 | $1,870,903 | 2 | $96,541 |
| 2022 | $38,846,778 | $3,844,077 | $3,880,181 | $2,236,649 | 2 | $439,764 |
| 2021 | $43,347,395 | $13,750,019 | $7,761,827 | — | — | $10,209,553 |
| 2020 | $38,986,672 | $5,849,718 | $5,090,309 | $2,012,388 | 1 | $1,450,217 |
| 2019 | $38,294,283 | $5,714,823 | $3,543,191 | $1,655,260 | 1 | $1,556,827 |
About Montana State University Billings Foundation & Alumni
Based on IRS filings
Montana State University Billings Foundation & Alumni is a public charity focused on Education, based in Billings, MT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $54.4M in total assets. In 2025, it awarded 2 grants totaling $2.7M. Net investment income was $296K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Montana State University Billings Foundation & Alumni is led by Krista Montague, President & CEO since 2023 (on filings since 2022); 2 of 15 officers listed in 2025 are compensated.
Officers on the 2025 filing
Krista Montague
President & CEO
CEO → President & CEO, 2023
On filings since 2022
40 hrs/week
$9K (2022) → $130K (2025)
Thomas Potter
Chair
Treasurer → Chair, 2024
On filings since 2022
2 hrs/week
No compensation reported
Donald L Roberts
Trustee
Vice Chair → Chair, 2022
Chair → Trustee, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Kay Berry
Trustee
Trustee → Secretary, 2022
Secretary → Trustee, 2025
On filings since 2020
0.5 hrs/week
No compensation reported
Karen Moses
Trustee
On filings since 2021
0.5 hrs/week
No compensation reported
Buddy Windy Boy
Trustee
On filings since 2023
0.5 hrs/week
No compensation reported
David Wanzenried
Trustee
On filings since 2023
0.5 hrs/week
No compensation reported
William Henry
Trustee
On filings since 2023
0.5 hrs/week
No compensation reported
Tyler Elkin
Trustee
On filings since 2024
0.5 hrs/week
No compensation reported
Becky Anderson
Trustee
New on the 2025 filing
0.5 hrs/week
No compensation reported
Janiel Begger
Trustee
New on the 2025 filing
0.5 hrs/week
No compensation reported
Jeff Clarke
CFO
On filings since 2024
40 hrs/week
$70K (2024) → $87K (2025)
Brittany Cremer
Secretary
Trustee → Secretary, 2025
On filings since 2023
1 hr/week
No compensation reported
Mike Monson
Vice Chair
Treasurer → Vice Chair, 2025
On filings since 2024
1 hr/week
No compensation reported
Ken Lutton
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (28)
- Former: Jon Egeland (2019–2024) — Vice President of Finance
- Former: JoAnne Sheridan (2020–2024) — Trustee
- Former: Jani McCall (2021–2024) — Vice Chair
- Former: Merry Lee Olson (2022–2024) — Trustee
- Former: Dave Warne (2019–2023) — Trustee
- Former: William Kennedy (2022–2023) — Former CEO
- Former: Alan Bryan (2023) — Trustee
- Former: Krikor Jansezian (2023) — Trustee
- Former: Allyn Hulteng (2019–2022) — Trustee
- Former: Donna Fredericks (2019–2022) — Trustee
- Former: Lennette Kosovich (2019–2022) — Trustee
- Former: Trent Sizemore (2019–2022) — Trustee
- Former: Jodie Delahunt Hubbell (2020–2022) — Trustee
- Former: Beverly Hall (2022) — Trustee
- Former: Andy Sullivan (2019–2021) — Trustee · Filing note: Thru 12620
- Former: Bev Hall (2019–2021) — Trustee
- Former: Bill Kennedy (2019–2021) — Trustee
- Former: Carter Mollgaard (2019–2021) — Chair
- Former: Darwin George (2019–2021) — Secretary
- Former: Mike Nelson (2019–2021) — Trustee
- Former: Tom Potter (2019–2021) — Treasurer
- Former: Rachel Schaffer (2021) — Trustee
- Former: Stefani Hicswa (2021) — Trustee
- Former: Jim Berry (2019–2020) — Trustee
- Former: Roger Huebner (2019–2020) — Trustee
- Former: Dave Cobb (2019) — Trustee
- Former: Lisa Perry (2019) — Treasurer
- Former: Tony Prill (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $130K, to Krista Montague (President/CEO). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Montana State University Billings Foundation & Alumni
How much does Montana State University Billings Foundation & Alumni give each year?
Montana State University Billings Foundation & Alumni gave $2.7M across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.5M across 2 grants.
How large is Montana State University Billings Foundation & Alumni?
Montana State University Billings Foundation & Alumni reported $54.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.5M.
What is Montana State University Billings Foundation & Alumni?
Montana State University Billings Foundation & Alumni is a public charity focused on Education, based in Billings, MT. It holds $54.4M in total assets as of 2025.
Where does Montana State University Billings Foundation & Alumni operate?
Montana State University Billings Foundation & Alumni has awarded grants in Montana.
What is Montana State University Billings Foundation & Alumni's EIN?
Montana State University Billings Foundation & Alumni's EIN (Employer Identification Number) is 81-0301477. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS December 9, 2020)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 12, 2023)
- Added Form 990 for fiscal year 2019 (received by the IRS February 26, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Montana State University Billings Foundation & Alumni funds
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Figures come from Montana State University Billings Foundation & Alumni'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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