Montgomery Family Foundation Inc

ALPHARETTA, GA EIN: 58-1928906

Montgomery Family Foundation Inc is a private foundation based in Alpharetta, Georgia. The foundation was established in 1991 and operates as a 501(c)(3) private grantmaking foundation with no employees.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15.3M

+4.6% YoY

Annual Giving

$710K

+16.5% YoY

Grant Count

-8.0% YoY

Avg Grant Size

$31K

+26.6% YoY

Under IRS private-foundation payout rules, Montgomery Family Foundation Inc reported a distributable amount of $902K for 2024 — the minimum it must pay out in qualifying distributions.

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

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across 12 states: Alabama, Arkansas, Florida, Georgia, Maryland, Minnesota, Missouri, Nebraska, Tennessee, Texas, Virginia, and Wisconsin. Primary funding activity is concentrated in Texas, Georgia, and Missouri.

Grant Distribution by State

Alabama $1.7M (48%)

Georgia $865K (24%)

Texas $419K (12%)

Virginia $157K (4%)

Missouri $144K (4%)

Wisconsin $100K (3%)

Nebraska $89K (2%)

Florida $37K (1%)

+6 more states

States

Alabama Arkansas Florida Georgia Illinois Indiana Maryland Minnesota Missouri Nebraska Tennessee Texas Virginia Wisconsin

Cities

AshburnAtlantaAuburnBirminghamBlack River FallsCape GirardeauCarrolltonColumbiaDahlonegaDixonDuluthEau ClaireGreat FallsJacksonvilleJohns CreekKennesawKnoxvilleLa CrosseLadysmithLevelland

Financial History

Multi-year comparison from IRS filings

Metric	Amount
Total Assets (2024)	$15,323,709
Total Revenue (2024)	$1,659,035
Total Expenses (2024)	$1,060,322
Investment Income & Dividends (2024)	$358,600

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$15,323,709	$14,645,773	$14,466,699
Revenue	$1,659,035	$1,221,576	$1,840,455
Expenses	$1,060,322	$968,076	$1,144,266
Qualifying Distributions	$709,923	$609,436	$797,745
Net Investment Income	$1,445,967	$1,002,202	$1,647,927
Distributable Amount	$901,651	$828,869	$735,261

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

154 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Auburn University Foundation ($400,763), Great Falls United Methodist Church ($149,543), University of Nebraska Foundation ($25,162).

Recipient	Purpose	Amount
ABAC FOUNDATION TIFTON, GA	VARIOUS CHARITABLE PROGRAM ACTIVITIES	$4,500
AUBURN UNIVERSITY FOUNDATION AUBURN, AL	VARIOUS CHARITABLE PROGRAM ACTIVITIES	$400,763
BERRY COLLEGE FOUNDATION MOUNT BERRY, GA	UNDERGRADUATE FINANCIAL ASSISTANCE	$10,000
CAPROCK CULTURAL ASSOCIATION POST, TX	VARIOUS CHARITABLE PROGRAM ACTIVITIES	$1,250
CHESAPEAKE BAY MARITIME MUSEUM ST MICHAELS, MD	VARIOUS CHARITABLE PROGRAM ACTIVITIES	$1,500
CHOPIN SOCIETY OF ATLANTA JOHNS CREEK, GA	VARIOUS CHARITABLE PROGRAM ACTIVITIES	$11,250
FAITH CHRISTIAN SCHOOL DIXON, IL	VARIOUS CHARITABLE PROGRAM ACTIVITIES	$1,250
GARZA COUNTY HISTORICAL MUSEUM POST, TX	VARIOUS CHARITABLE PROGRAM ACTIVITIES	$2,000
GEORGIA BAPTIST CHILDREN'S HOME ATLANTA, GA	VARIOUS CHARITABLE PROGRAM ACTIVITIES	$368
GEORGIA TECH FOUNDATION ATLANTA, GA	VARIOUS CHARITABLE PROGRAM ACTIVITIES	$25,000

Leadership & Key People

Leadership team and compensation from IRS filings

LJ Montgomery III – President (20 hours per week, $35,000 compensation)
Mary Montgomery – Treasurer (20 hours per week, $25,000 compensation)

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LJ MONTGOMERY III	PRESIDENT	20	$40,000
MARY MONTGOMERY	TREASURER	20	$25,000
ELIZABETH SCHEINE	DIRECTOR	15	$10,000
BEVERLY BENNETT	SENIOR DIRECTOR	20	$20,000
CHRISTINE EICKSTEAD	DIRECTOR	2	$1,500

Frequently Asked Questions

How do I apply for a grant from Montgomery Family Foundation Inc?

The foundation makes grants across multiple focus areas including Education, Philanthropy, Voluntarism & Grantmaking, and Human Services. Recent grant activity shows awards to educational institutions and undergraduate financial assistance programs. **Recent Grants (2024):** • Auburn University Foundation: $400,763 (Various Charitable Program Activities) • University of Nebraska Foundation: $25,162 (Undergraduate Financial Assistance) • Georgia Tech Foundation: $25,000 (Various Charitable Progr…

Where does Montgomery Family Foundation Inc make grants?

What size grants does Montgomery Family Foundation Inc award?

In 2024, Montgomery Family Foundation Inc awarded 23 grants totaling $710K — an average of about $31K per grant, based on its IRS Form 990 filings.

How much is Montgomery Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Montgomery Family Foundation Inc reported a distributable amount of $902K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Montgomery Family Foundation Inc's EIN?

Montgomery Family Foundation Inc's EIN (Employer Identification Number) is 58-1928906. IRS Form 990 filing data is available on this page for 2020–2024.