MONTGOMERY COLLEGE FOUNDATION PROVIDES CRITICAL FINANCIAL AND NON-FINANCIAL RESOURCES IN ADVANCING THE MONTGOMERY COLLEGE MISSION TO TRANSFORM STUDENT LIVES AND ENRICH THE DIVERSE COMMUNITIES IT SERVES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$113.4M
+2.3% YoY
Annual Giving
$1.3M
+66.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.3M
+66.5% YoY
About Montgomery College Foundation Inc
Based on IRS filings
Montgomery College Foundation Inc is a nonprofit organization focused on Education, based in ROCKVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $113.4M in total assets. In 2024, it awarded 1 grants totaling $1.3M. Net investment income was $3.7M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $113,406,253 | $110,856,344 | $114,232,820 |
| Revenue | $12,591,323 | $7,471,758 | $9,502,498 |
| Expenses | $6,977,348 | $7,246,628 | $6,343,229 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,653,595 | $172,978 | $2,853,330 |
| 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
5 grants across all recorded years
Open Grants
3 open opportunities from Montgomery College Foundation Inc
Excellence in Equity Award
MONTGOMERY COLLEGE FOUNDATION INC
Amount
Varies
Deadline
April 3, 2027
Montgomery College Art Department Internship Program
MONTGOMERY COLLEGE FOUNDATION INC
Amount
$1,000 stipend plus college credit
Deadline
May 1, 2026
Southern Management Leadership Program Scholarship
MONTGOMERY COLLEGE FOUNDATION INC
Amount
55% tuition at Montgomery College or Prince George's Community College; up to 50% tuition at University of Maryland
Deadline
May 1, 2026
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM C FOOTE | TREASURER | 5 | — |
| MARY PAT ALCUS | CHAIR | 5 | — |
| ERICA L WEBBER | VICE CHAIR | 5 | — |
| KENNETH H BECKER | DIRECTOR | 1 | — |
| MARIANNE H BRACKNEY | DIRECTOR (UNTIL 02/24) | 1 | — |
| ASHLEY B CHENG | DIRECTOR | 1 | — |
| MARTIN P COLBURN | DIRECTOR | 1 | — |
| KENNETH C COOK | DIRECTOR | 1 | — |
| ANNE L GUNSTEENS | DIRECTOR | 1 | — |
| R WILLIAM HARD | DIRECTOR | 1 | — |
| JOSHUA HAYES | DIRECTOR | 1 | — |
| J STEPHEN MCAULIFFE III | DIRECTOR | 1 | — |
| CONNIE O MCGUIRE | DIRECTOR | 1 | — |
| MICHAEL S PAUKSTITUS | DIRECTOR | 1 | — |
| ESMERALDA QUENUM | DIRECTOR | 1 | — |
| STEVEN V ROBERTS | DIRECTOR | 1 | — |
| ROBERTA SHULMAN | DIRECTOR | 1 | — |
| JANE C SMITH | DIRECTOR | 1 | — |
| MORGAN SULLIVAN | DIRECTOR | 1 | — |
| CRISTOPHER J WHITE | DIRECTOR | 1 | — |
| JOYCE MATTHEWS | EXEC DIR / VP OF DEV & ALUMNI RELATIONS | 40 | — |
| DONNA M PINA | DIRECTOR OF FOUNDATION FINANCE | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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