Montana State University Foundation Inc
We cultivate lifelong relationships and secure private support to advance Montana State University.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$453.2M
+19.6% YoY
Annual Giving
$28.0M
+55.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$28.0M
+55.2% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $453,249,914 | $379,099,449 | $330,292,309 |
| Revenue | $101,083,515 | $61,224,540 | $68,811,892 |
| Expenses | $41,668,972 | $29,360,325 | $46,879,130 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $16,000,483 | $9,527,963 | $11,383,577 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Montana State University Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Greg Collins | Chair | 5.76 | — |
| Mary Ann Pearce | Vice Chair | 8.88 | — |
| Bill Sanderson | Secretary/Treasurer | 3.17 | — |
| Steve Rovig | Past Chair | 1.31 | — |
| Ron Aasheim | Governor | 0.79 | — |
| Behrooz Abdi | Governor | 0.65 | — |
| Norman Asbjornson | Governor (Thru 09/23) | — | — |
| Mark Bacigalupo | Governor | 0.7 | — |
| Frank Benevento | Governor | 0.6 | — |
| Don Cape Jr | Governor | 0.42 | — |
| Jill Cuniff | Governor | 1.28 | — |
| Ingrid Degreef | Governor | 0.79 | — |
| Don Gimbel | Governor | 0.41 | — |
| Jomarie Phelan Honcoop | Governor | 0.46 | — |
| Denise Juneau | Governor | 0.79 | — |
| Wes Kremer | Governor (Thru 05/24) | 0.33 | — |
| Ron Lewis | Governor | 0.26 | — |
| Chris Lofgren | Governor (Thru 09/23) | — | — |
| Chris Nygren | Governor (Joined 09/23) | 0.63 | — |
| Risa Scott | Governor (Thru 09/23) | — | — |
| Nancy Seleski | Governor | 2.65 | — |
| Walter Smith | Governor | 0.7 | — |
| Kent Strazza | Governor (Joined 05/24) | — | — |
| Ginny Sullivan | Governor (Thru 09/23) | — | — |
| Darryl Thompson | Governor | 1.09 | — |
| Steve Wheeler | Governor | 0.63 | — |
| Andrew Wilcox | Governor | 0.79 | — |
| Fran Albrecht From 1123 | President and CEO | 40 | $72,992 |
| Mary Jane McGarity Until 1023 | VP of Development/Interim CEO | 40 | $224,609 |
| Melissa Kinnear | VP of Finance & Accounting | 50 | $191,635 |
| Chris Glick | VP of Development | 40 | $201,567 |
| Neal Zandonella | VP of Information Tech. | 40 | $143,182 |
| Kathleen Saylor | VP of Operations | 40 | $148,971 |
| Shannon Schumacher | Assoc. VP of Development | 40 | $142,148 |
| Kevin Brown | Assoc. VP of Planned Giving | 40 | $132,344 |
| Christopher Murray Until 223 | Former President and CEO | 50 | $351,678 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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