Montgomery Family Foundation Inc
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
23
-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.
Grantmaking
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.
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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
States
Cities
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 |
| 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?
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.
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.
Explore Open Grants
Browse active grant opportunities in Montgomery Family Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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