MONTANA STATE UNIVERSITY FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MONTANA STATE UNIVERSITY FOUNDATION (EIN 81-6001649)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-01
- IRS object ID
- 202511219349302201
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-01T12:50:38-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eide Bailly LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 Nicollet Mall Ste 1300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554027033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 816001649 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Montana State University Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MONT | BusinessNameControlTxt |
| Phone | 4069942053 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 172750 | AddressLine1Txt |
| City | Bozeman | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59717 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Fran Albrecht | PersonNm |
| Person Title | President and CEO | PersonTitleTxt |
| Phone | 4069942053 | PhoneNum |
| Signature | 2025-04-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Deb Nelson CPA | PreparerPersonNm |
| PTIN | P01264758 | PTIN |
| Phone | 6122536500 | PhoneNum |
| Preparation | 2025-04-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MSU Alumni Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Fran Albrecht | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 172750 | AddressLine1Txt |
| City | Bozeman | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59717 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $176,315,288 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.msuaf.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1946 | FormationYr |
| Legal Domicile State | MT | LegalDomicileStateCd |
| Activity Or Mission | Cultivate lifelong relationships and secure private support to advance Montana State University. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 81 | TotalEmployeeCnt |
| Total Volunteers | 109 | TotalVolunteersCnt |
| Total Gross UBI | $239,164 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $53,138 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $47,608,471 | PYContributionsGrantsAmt |
| CY Contributions Grants | $80,732,127 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,516,549 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,032,700 | CYProgramServiceRevenueAmt |
| PY Investment Income | $9,527,963 | PYInvestmentIncomeAmt |
| CY Investment Income | $16,000,483 | CYInvestmentIncomeAmt |
| PY Other Revenue | $571,557 | PYOtherRevenueAmt |
| CY Other Revenue | $318,205 | CYOtherRevenueAmt |
| PY Total Revenue | $61,224,540 | PYTotalRevenueAmt |
| CY Total Revenue | $101,083,515 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $18,088,640 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $28,175,938 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,612,086 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,002,764 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $241,613 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $285,470 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,991,476 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,417,986 | PYOtherExpensesAmt |
| CY Other Expenses | $5,204,800 | CYOtherExpensesAmt |
| PY Total Expenses | $29,360,325 | PYTotalExpensesAmt |
| CY Total Expenses | $41,668,972 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $31,864,215 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $59,414,543 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $379,099,449 | TotalAssetsBOYAmt |
| Total Assets EOY | $453,249,914 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $20,938,414 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19,710,503 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $358,161,035 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $433,539,411 | NetAssetsOrFundBalancesEOYAmt |
| Mission | We cultivate lifelong relationships and secure private support to advance Montana State University. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $19,356,017 | ExpenseAmt |
| Grant | $19,319,024 | GrantAmt |
| Revenue | $2,353,137 | RevenueAmt |
| Desc | MSUAF provided Montana State University with private dollars to advance its land-grant mission to integrate education, create knowledge and art, and service communities. MSUAF provided $8.2 million to enrich instruction, research, and public service of Montana State University's 16,978 students as well as $11.1 million to construct and equip facilities that enhance their research and learning environments. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,856,914 | ExpenseAmt |
| Grant | $8,856,914 | GrantAmt |
| Revenue | $1,530,143 | RevenueAmt |
| Desc | MSUAF provided 3,051 students with scholarships to attend Montana State University. Scholarships allowed these students to pursue advanced education, lessening the burden of tuition, housing, and fees. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,778,039 | ExpenseAmt |
| Revenue | $149,420 | RevenueAmt |
| Desc | Alumni engagement connects over 246,000 contactable alumni and friends of Montana State University through inclusive communications, events, and affiliate networks. Alumni (which included graduates and nondegreed attendees) and friends (affiliates, staff, faculty, donors, parents of current students) receive regular MSU news, events, and invitations to connect with Montana State and one another, locally, in populus target regions, and in chapter areas and across the country. Over 290 events including in-person and hybrid, brought programs, meaningful experiences and unique opportunities to engage with MSU, to over 18,000 tracked alumni, friends, supporters, and fans. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $29,990,970 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 26 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 81 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 1 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Alexis Boettger | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4069947640 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 172750 | AddressLine1Txt |
| City | Bozeman | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59717 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| Greg Collins | |||||||||
| Chair | 5.76 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Mary Ann Pearce | |||||||||
| Vice Chair | 8.88 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Bill Sanderson | |||||||||
| Secretary/Treasurer | 3.17 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Steve Rovig | |||||||||
| Past Chair | 1.31 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Ron Aasheim | |||||||||
| Governor | 0.79 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Behrooz Abdi | |||||||||
| Governor | 0.65 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Norman Asbjornson | |||||||||
| Governor (Thru 09/23) | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Mark Bacigalupo | |||||||||
| Governor | 0.70 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Frank Benevento | |||||||||
| Governor | 0.60 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Don Cape Jr | |||||||||
| Governor | 0.42 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Jill Cuniff | |||||||||
| Governor | 1.28 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Ingrid Degreef | |||||||||
| Governor | 0.79 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Don Gimbel | |||||||||
| Governor | 0.41 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Jomarie Phelan Honcoop | |||||||||
| Governor | 0.46 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Denise Juneau | |||||||||
| Governor | 0.79 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Wes Kremer | |||||||||
| Governor (Thru 05/24) | 0.33 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Ron Lewis | |||||||||
| Governor | 0.26 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Chris Lofgren | |||||||||
| Governor (Thru 09/23) | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Chris Nygren | |||||||||
| Governor (Joined 09/23) | 0.63 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Risa Scott | |||||||||
| Governor (Thru 09/23) | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Nancy Seleski | |||||||||
| Governor | 2.65 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Walter Smith | |||||||||
| Governor | 0.70 | 0.17 | Yes (X) | $0 | $0 | $0 | |||
| Kent Strazza | |||||||||
| Governor (Joined 05/24) | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Ginny Sullivan | |||||||||
| Governor (Thru 09/23) | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Darryl Thompson | |||||||||
| Governor | 1.09 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Steve Wheeler | |||||||||
| Governor | 0.63 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Andrew Wilcox | |||||||||
| Governor | 0.79 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Fran Albrecht From 1123 | |||||||||
| President and CEO | 40.00 | 0.00 | Yes (X) | $72,992 | $0 | $16,182 | |||
| Mary Jane McGarity Until 1023 | |||||||||
| VP of Development/Interim CEO | 40.00 | 0.00 | Yes (X) | $224,609 | $0 | $32,226 | |||
| Melissa Kinnear | |||||||||
| VP of Finance & Accounting | 50.00 | 0.00 | Yes (X) | $191,635 | $0 | $30,118 | |||
| Chris Glick | |||||||||
| VP of Development | 40.00 | 0.00 | $201,567 | $0 | $28,612 | Yes (X) | |||
| Neal Zandonella | |||||||||
| VP of Information Tech. | 40.00 | 0.00 | $143,182 | $0 | $37,439 | Yes (X) | |||
| Kathleen Saylor | |||||||||
| VP of Operations | 40.00 | 0.00 | $148,971 | $0 | $22,344 | Yes (X) | |||
| Shannon Schumacher | |||||||||
| Assoc. VP of Development | 40.00 | 0.00 | $142,148 | $0 | $26,798 | Yes (X) | |||
| Kevin Brown | |||||||||
| Assoc. VP of Planned Giving | 40.00 | 0.00 | $132,344 | $0 | $36,056 | Yes (X) | |||
| Christopher Murray Until 223 | |||||||||
| Former President and CEO | 50.00 | 0.00 | $351,678 | $0 | $35,252 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,609,126 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $265,027 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 16 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Ruffalo Noel Levitz | |||||
| 1025 Kirkwood Parkway SW | Cedar Rapids | IA | 52404 | Fundraising Services | $285,470 |
| Blackbaud Inc | |||||
| PO Box 930256 | Atlanta | GA | 31193 | Software provider | $236,437 |
| Wilshire Advisors LLC | |||||
| 1299 Ocean Ave Suite 600 | Santa Monica | CA | 90401 | Investment consulting services | $220,000 |
| Color World | |||||
| PO Box 1088 | Bozeman | MT | 59771 | Printing Services | $142,363 |
| Publications Printers Corp | |||||
| 2001 S Platte River Dr | Denver | CO | 80225 | Printing Services | $140,189 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $80,732,127 | AllOtherContributionsAmt |
| Noncash Contributions | $16,356,242 | NoncashContributionsAmt |
| Total Contributions | $80,732,127 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Contract for Services | 561499 | $2,000,000 | $2,000,000 |
| Ticket Revenue | 611710 | $1,530,143 | $1,530,143 |
| Administrative Fees | 523000 | $238,109 | $238,109 |
| Alumni Relations Program | 611710 | $149,420 | $149,420 |
| Service Fee Revenue | 523000 | $87,069 | $87,069 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,959 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $27,959 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,032,700 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,741,722 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $239,164 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,502,558 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $107 | TotalRevenueColumnAmt |
| Exclusion | $107 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $25,621 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $25,621 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,621 | TotalRevenueColumnAmt |
| Exclusion | $25,621 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $82,392,427 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $75,133,666 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,258,761 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,258,761 | TotalRevenueColumnAmt |
| Exclusion | $7,258,761 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $72,529 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $98,107 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$25,578 | TotalRevenueColumnAmt |
| Exclusion | -$25,578 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Invest Income - ATI | Desc |
| Business | 523000 | BusinessCd |
| Total Revenue Column | $318,055 | TotalRevenueColumnAmt |
| Exclusion | $318,055 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $318,055 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $101,083,515 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,032,700 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $239,164 | UnrelatedBusinessRevenueAmt |
| Exclusion | $16,079,524 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,175,938 | TotalAmt |
| Program Services | $28,175,938 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $620,935 | TotalAmt |
| Management And General | $541,382 | ManagementAndGeneralAmt |
| Fundraising | $79,553 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,996 | TotalAmt |
| Management And General | $300,996 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,300,247 | TotalAmt |
| Program Services | $862,441 | ProgramServicesAmt |
| Management And General | $1,696,592 | ManagementAndGeneralAmt |
| Fundraising | $2,741,214 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $376,382 | TotalAmt |
| Program Services | $57,778 | ProgramServicesAmt |
| Management And General | $134,475 | ManagementAndGeneralAmt |
| Fundraising | $184,129 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $924,759 | TotalAmt |
| Program Services | $136,905 | ProgramServicesAmt |
| Management And General | $344,901 | ManagementAndGeneralAmt |
| Fundraising | $442,953 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $479,445 | TotalAmt |
| Program Services | $67,368 | ProgramServicesAmt |
| Management And General | $192,353 | ManagementAndGeneralAmt |
| Fundraising | $219,724 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,995 | TotalAmt |
| Management And General | $16,799 | ManagementAndGeneralAmt |
| Fundraising | $11,196 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,280 | TotalAmt |
| Management And General | $63,280 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,470 | TotalAmt |
| Fundraising | $285,470 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,382,368 | TotalAmt |
| Management And General | $2,382,368 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $384,974 | TotalAmt |
| Program Services | $73,216 | ProgramServicesAmt |
| Management And General | $182,138 | ManagementAndGeneralAmt |
| Fundraising | $129,620 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $415,721 | TotalAmt |
| Program Services | $254,224 | ProgramServicesAmt |
| Management And General | $9,143 | ManagementAndGeneralAmt |
| Fundraising | $152,354 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $322,087 | TotalAmt |
| Program Services | $3,942 | ProgramServicesAmt |
| Management And General | $146,232 | ManagementAndGeneralAmt |
| Fundraising | $171,913 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $421,437 | TotalAmt |
| Program Services | $70,960 | ProgramServicesAmt |
| Management And General | $125,059 | ManagementAndGeneralAmt |
| Fundraising | $225,418 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234,085 | TotalAmt |
| Program Services | $2,603 | ProgramServicesAmt |
| Management And General | $225,113 | ManagementAndGeneralAmt |
| Fundraising | $6,369 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $349,170 | TotalAmt |
| Program Services | $53,259 | ProgramServicesAmt |
| Management And General | $7,574 | ManagementAndGeneralAmt |
| Fundraising | $288,337 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $290,320 | TotalAmt |
| Program Services | $229,763 | ProgramServicesAmt |
| Management And General | $26,185 | ManagementAndGeneralAmt |
| Fundraising | $34,372 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,405 | TotalAmt |
| Management And General | $19,405 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191,287 | TotalAmt |
| Management And General | $172,433 | ManagementAndGeneralAmt |
| Fundraising | $18,854 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,894 | TotalAmt |
| Program Services | $2,573 | ProgramServicesAmt |
| Management And General | $42,321 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UBIT | Desc |
| Total | $57,777 | TotalAmt |
| Management And General | $57,777 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,668,972 | TotalAmt |
| Program Services | $29,990,970 | ProgramServicesAmt |
| Management And General | $6,686,526 | ManagementAndGeneralAmt |
| Fundraising | $4,991,476 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,427 | BOYAmt |
| EOY | $34,535 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,437,666 | BOYAmt |
| EOY | $25,977,647 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,792,337 | BOYAmt |
| EOY | $55,423,272 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,667 | BOYAmt |
| EOY | $11,727 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,615,245 | BOYAmt |
| EOY | $6,130,333 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $21,344 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $757,614 | BOYAmt |
| EOY | $540,338 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,447,492 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,223,766 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,169,975 | BOYAmt |
| EOY | $7,223,726 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $177,575,204 | BOYAmt |
| EOY | $174,128,779 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,894,468 | BOYAmt |
| EOY | $183,411,771 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$462,427 | BOYAmt |
| EOY | -$574,373 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $276,273 | BOYAmt |
| EOY | $920,815 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $379,099,449 | BOYAmt |
| EOY | $453,249,914 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,445,156 | BOYAmt |
| EOY | $1,234,095 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $529,692 | BOYAmt |
| EOY | $430,239 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,419,139 | BOYAmt |
| EOY | $11,341,538 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,193,990 | BOYAmt |
| EOY | $724,584 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,350,437 | BOYAmt |
| EOY | $5,980,047 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,938,414 | BOYAmt |
| EOY | $19,710,503 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,389,418 | BOYAmt |
| EOY | $18,349,974 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $343,771,617 | BOYAmt |
| EOY | $415,189,437 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $358,161,035 | BOYAmt |
| EOY | $433,539,411 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $379,099,449 | BOYAmt |
| EOY | $453,249,914 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $59,414,543 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $16,557,140 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$593,307 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $25,949,603 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $21,196,615 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $53,402,688 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $46,379,687 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $80,732,127 | CurrentTaxYearAmt |
| Total | $227,660,720 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $25,949,603 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $21,196,615 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $53,402,688 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $46,379,687 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $80,732,127 | CurrentTaxYearAmt |
| Total | $227,660,720 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $40,094,784 | SubstantialContributorsTotAmt |
| Public Support Total170 | $187,565,936 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,480,418 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $526,515 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,237,275 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,267,861 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,528,286 | CurrentTaxYearAmt |
| Total | $19,040,355 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $86,777 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $399,169 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $289,382 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $27,560 | CurrentTaxYearAmt |
| Total | $802,888 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $526,161 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $532,272 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $501,442 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $537,923 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $318,055 | CurrentTaxYearAmt |
| Total | $2,415,853 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $249,919,816 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $15,551,528 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.75050 | PublicSupportCY170Pct |
| Public Support PY170 | 0.71220 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10, Explanation of Other Income: | FormAndLineReferenceDesc |
| Explanation | Miscellaneous Income - 2019 Amount: $ 61,824. 2020 Amount: $ 71,603. 2021 Amount: $ 71,719. 2022 Amount: $ 104,956. Administrative Fees - 2019 Amount: $ 393,160. 2020 Amount: $ 219,337. 2021 Amount: $ 241,773. 2022 Amount: $ 234,595. Investment Income - ATI - 2019 Amount: $ 71,177. 2020 Amount: $ 241,332. 2021 Amount: $ 187,950. 2022 Amount: $ 198,372. 2023 Amount: $ 318,055. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $264,094,261 | BeginningYearBalanceAmt |
| Contributions | $11,585,613 | ContributionsAmt |
| Investment Earnings Or Losses | $24,207,009 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,409,608 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $4,466,571 | AdministrativeExpensesAmt |
| End Year Balance | $287,010,704 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $231,524,220 | BeginningYearBalanceAmt |
| Contributions | $21,879,112 | ContributionsAmt |
| Investment Earnings Or Losses | $21,169,234 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,607,869 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $3,870,436 | AdministrativeExpensesAmt |
| End Year Balance | $264,094,261 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $218,707,875 | BeginningYearBalanceAmt |
| Contributions | $31,934,845 | ContributionsAmt |
| Investment Earnings Or Losses | -$8,639,743 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,609,357 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $3,869,400 | AdministrativeExpensesAmt |
| End Year Balance | $231,524,220 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $171,183,813 | BeginningYearBalanceAmt |
| Contributions | $6,266,668 | ContributionsAmt |
| Investment Earnings Or Losses | $50,486,281 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,774,516 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $3,454,371 | AdministrativeExpensesAmt |
| End Year Balance | $218,707,875 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $176,623,189 | BeginningYearBalanceAmt |
| Contributions | $7,459,527 | ContributionsAmt |
| Investment Earnings Or Losses | -$4,035,883 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,773,603 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $3,089,417 | AdministrativeExpensesAmt |
| End Year Balance | $171,183,813 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00287 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.99656 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00057 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,005,875 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,580,301 | OtherCostOrOtherBasisAmt |
| Book Value | $2,586,176 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,713,742 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,343,853 | DepreciationAmt |
| Book Value | $4,369,889 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,147,574 | OtherCostOrOtherBasisAmt |
| Depreciation | $879,913 | DepreciationAmt |
| Book Value | $267,661 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $7,223,726 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Split Interest Agreements | $14,635,692 | F |
| Beneficial Interest in Trusts | $6,972,200 | F |
| Fixed Income | $15,091 | F |
| Hedge Funds | $46,472,135 | F |
| Private Equity | $72,194,998 | F |
| Real Assets | $43,121,655 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $183,411,771 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Trust and Annuity Obligations | $5,940,807 |
| Finance Lease Liability | $39,240 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,980,047 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $117,430,784 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $16,557,140 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $332,100 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $1,742,290 | OtherRevenueAmt |
| Revenue Not Reported | $18,631,530 | RevenueNotReportedAmt |
| Revenue Subtotal | $98,799,254 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $2,382,368 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$98,107 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $2,284,261 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $101,083,515 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $41,643,524 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $18,796 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $2,338,124 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,356,920 | ExpensesNotReportedAmt |
| Expenses Subtotal | $39,286,604 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $2,382,368 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $2,382,368 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $41,668,972 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV, Line 2b: | The Foundation held agency funds for other organizations during the year. Earnings on these assets are credited to each organization's agency account. The balance of the total agency funds held for others are reported as agency fund liabilities on Form 990, Part X, Line 21. |
| Part V, Line 4: | To provide income for the maintenance of the organization and its charitable purposes. |
| Part X, Line 2: | Management believes that the Foundation has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. |
| Part XI, Line 2d - Other Adjustments: | ATI Revenue 733,351. MSUIC Revenue 837,753. ATI/MSUIC Eliminations -953,683. MSUIC Subsidiary Earnings 95,578. Change in Value of Split-Interest Agreements 1,029,291. |
| Part XI, Line 4b - Other Adjustments: | Fundraising Expenses netted with Revenue -98,107. |
| Part XII, Line 2d - Other Adjustments: | ATI Expenses 519,698. MSUIC Expenses 641,301. ATI/MSUIC Eliminations -543,580. Uncollectable Pledge Expense 1,622,598. Fundraising Expenses netted with Revenue 98,107. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Investments | N/A | $48,393,000 |
| Europe (Including Iceland & Greenland) | 0 | 0 | Investments | N/A | $16,341,000 |
| East Asia and the Pacific | 0 | 0 | Investments | N/A | $4,510,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $69,244,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $69,244,000 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I: | The amounts reported on Line 3, Column (f) represent passive investment funds legally domiciled outside of the United States. The Foundation does not have any foreign offices or employees, and it does not conduct any direct foreign activities. |
| Part IV: | The Foundation reviews its direct and indirect investments during the tax period for determining required foreign filings. The Foundation makes direct and indirect transfers to foreign corporations and foreign partnerships. The Foundation would file Form 926 or Form 8865 if the transfers met the requirements for filing. The Foundation's transfers to foreign corporations did require filing Form 926. The Foundation's transfers to foreign partnerships did require filing Form 8865. The Foundation has ownership interests in foreign corporations and foreign partnerships. The Foundation would file Form 5471 or Form 8865 if the ownership met the requirements for filing. The Foundation's ownership in foreign corporations did require filing Form 5471. The Foundation's ownership in foreign partnerships did not require filing Form 8865. The Foundation invests in partnerships that hold direct or indirect interests in passive foreign investment companies (PFICs). The Foundation would file Form 8621s for underlying investments that generate unrelated business income. The Foundation would not file Form 8621s where the investment partnerships have properly filed Form 8621s, or where the underlying investments did not generate any unrelated business income. The Foundation did not require filing Form 8621. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ruffalo Noel Levitz | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 Kirkwood Parkway SW | AddressLine1Txt |
| City | Cedar Rapids | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52404 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Phonathon Services | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $138,627 | GrossReceiptsAmt |
| Retained By Contractor | $285,470 | RetainedByContractorAmt |
| Net To Organization | $0 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $138,627 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $285,470 | TotalRetainedByContractorsAmt |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Golf Tournament | Event1Nm |
| Gross Receipts Event1 | $24,683 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $24,683 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $14,273 | RentFacilityCostsEvent1Amt |
| Event2 | Women's Circle of Excellence | Event2Nm |
| Gross Receipts Event2 | $24,741 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $24,741 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $2,760 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $1,989 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $13,242 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $5,875 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $23,105 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $23,105 | GrossRevenueOtherEventsAmt |
| Cash Prizes Other Events | $2,475 | CashPrizesOtherEventsAmt |
| Non Cash Prizes Other Events | $26,685 | NonCashPrizesOtherEventsAmt |
| Food And Beverage Other Events | $28,023 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $2,785 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $72,529 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $72,529 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $2,475 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $29,445 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $16,262 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $41,265 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $8,660 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $98,107 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$25,578 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule G, Part I, Line 2b, Column (v) | FormAndLineReferenceDesc |
| Explanation | Ruffalo Noel Levitz was employed to make stewardship phone calls, assist in obtaining and updating constituent contract data, sending and responding to text for engagement in addition to their professional fundraising services. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Montana State University | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 172720 | AddressLine1Txt |
| City | Bozeman | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59717 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 363412482 | RecipientEIN |
| IRC Section | State of Montana | IRCSectionDesc |
| Cash Grant | $27,976,569 | CashGrantAmt |
| Non Cash Assistance | $199,369 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | Supplies | NonCashAssistanceDesc |
| Purpose Of Grant | Scholarships to Montana State University Students and Program Support | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Montana State University Foundation (MSUF) manages disbursement of donor gifts according to purposes set forth by donors. To request funds from MSUF, Montana State University (MSU) prepares a voucher complete with documentation and MSU approval. MSUF verifies that the expenditure falls within the donor criteria, MSUF's disbursement policy, and that the request is from an authorized MSU representative. All requests are approved by MSUF before disbursement to MSU. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Christopher Murray Until 223 | ||||||||||||||
| Former President and CEO | $68,677 | $0 | $40,000 | $0 | $243,001 | $0 | $9,637 | $0 | $25,616 | $0 | $386,931 | $0 | $0 | $0 |
| Mary Jane McGarity Until 1023 | ||||||||||||||
| VP of Development/Interim CEO | $221,159 | $0 | $2,500 | $0 | $950 | $0 | $15,732 | $0 | $16,494 | $0 | $256,835 | $0 | $0 | $0 |
| Chris Glick | ||||||||||||||
| VP of Development | $200,667 | $0 | $0 | $0 | $900 | $0 | $14,295 | $0 | $14,317 | $0 | $230,179 | $0 | $0 | $0 |
| Melissa Kinnear | ||||||||||||||
| VP of Finance & Accounting | $183,185 | $0 | $7,500 | $0 | $950 | $0 | $13,388 | $0 | $16,730 | $0 | $221,753 | $0 | $0 | $0 |
| Neal Zandonella | ||||||||||||||
| VP of Information Tech. | $142,282 | $0 | $0 | $0 | $900 | $0 | $10,361 | $0 | $27,078 | $0 | $180,621 | $0 | $0 | $0 |
| Kathleen Saylor | ||||||||||||||
| VP of Operations | $148,021 | $0 | $0 | $0 | $950 | $0 | $10,361 | $0 | $11,983 | $0 | $171,315 | $0 | $0 | $0 |
| Shannon Schumacher | ||||||||||||||
| Assoc. VP of Development | $137,724 | $0 | $3,000 | $0 | $1,424 | $0 | $9,896 | $0 | $16,902 | $0 | $168,946 | $0 | $0 | $0 |
| Kevin Brown | ||||||||||||||
| Assoc. VP of Planned Giving | $128,894 | $0 | $2,500 | $0 | $950 | $0 | $9,578 | $0 | $26,478 | $0 | $168,400 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 4a | FormAndLineReferenceDesc |
| Explanation | Chris Murray, Former President and CEO, received severance compensation through the end of the fiscal year as outlined in a Board approved retirement package at the time of his retirement from MSUF. Board approved severance payments for 2023 totaling $217,661 are reported in Schedule J, Part II, Column (B)(iii). | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 127 | ContributionCnt |
| Noncash Contributions Rpt F990 | $15,443,430 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 22 | ContributionCnt |
| Noncash Contributions Rpt F990 | $29,650 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $328,300 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Life Insurance | 3 | $355,493 | FMV |
| Yes (X) | Supplies | 13 | $199,369 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | Column (B) reports the number of contributions. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 1a | The Executive Committee is composed of the Chair, Vice Chair, Past Chair, Secretary/Treasurer, the Chairs of the Budget, Investment, Governance, and Audit, and nominating committees. The committee shall be responsible for the oversight of all activities, operations, monies, and assets of the corporation, subject to review by the board. Between meetings of the board, the committee shall have general powers to decide all matters relating to the policy, property, and functions of the corporation, subject to the approval of the board, but shall not reverse the action of the board upon any matter which has been presented and acted on by the board. Powers shall include, but are not limited to, the authority to accept gifts, to acquire and dispose of property, to borrow money, and to pledge assets of the corporation as security. |
| Form 990, Part VI, Section B, line 11b | The Form 990 was prepared by an independent accountant and reviewed by management. The Form 990 was provided to the governance and audit committee and board of governors for review. The committee and board then discussed the Form 990 with management and approved it prior to filing. |
| Form 990, Part VI, Section B, line 12c | Annually, all officers and governors must sign the acknowledgement that they have read and complied with the conflict of interest policy. Any conflicts during the period are reported at this time and documented. Transactions with parties with whom a conflicting interest exists may be undertaken only if all six (6) of the following are observed: 1. The conflicting interest is fully disclosed; and 2. The person who has or appears to have a conflict of interest: A. shall be excluded from the discussion of the transaction; or B. if deemed to be in the best interest of the MSU Alumni Foundation, may provide information for and answer questions relating to the transaction as permitted by and limited by the individual presiding over the discussion of the transaction. By participating, the person shall not intentionally influence a decision on the matter; 3. The person who has or appears to have a conflict of interest shall be excluded from voting on the transaction; and 4. A competitive bid or comparable valuation exists if appropriate; and 5. The transaction has been approved as being in the best interest of the MSU Alumni Foundation; and 6. All decisions and actions pursuant to this provision are clearly documented in the minutes of the proceeding. |
| Form 990, Part VI, Section B, line 15a | The CEO is evaluated annually by the Executive Committee of the Board of Governors. This committee meets in a closed session and discusses the CEO's performance during the year and comparable pay for the position and region. The CEO's compensation is approved by a majority vote of the Board of Governors, which includes all independent governors. This process was last completed in 2024. The President and CEO reviews the performance of other officers and key employees of the organization. The President and CEO reviews the compensation of each officer and key employee with input from the Director of HR, based on performance and comparable pay as determined from regional benchmarking surveys completed throughout the year. The other officers and key employees of the organization are evaluated annually by the president and CEO and given notice of their compensation during the performance review meeting. This process was last completed in 2024. |
| Form 990, Part VI, Section C, line 19 | The governing documents and conflict of interest policies are available upon request. The financial statements are available on the Foundation's website. |
| Form 990, Part XI, line 9: | Change in value of split-interest agreements 1,029,291. Uncollectable Pledge Expense -1,622,598. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MSU Innovation Campus | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 172755 | AddressLine1Txt |
| City | Bozeman | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59717 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 445507328 | EIN |
| Primary Activities | Real Estate | PrimaryActivitiesTxt |
| Legal Domicile State | MT | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 12a, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MSU Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Advanced Technology Inc | |||||||||||||
| PO Box 172755 | Bozeman | MT | 59717 | 810448958 | Real Estate | MT | MSU Foundation | C | $832,269 | $1,260,449 | 1.00000 | Yes (1) | |
| Charitable Remainder Trusts (5) | |||||||||||||
| Investment Management | MT | T | 0 | N/A | |||||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MSU Innovation Campus | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | D | TransactionTypeTxt |
| Involved | $6,081,637 | InvolvedAmt |
| Method Of Amount Determination | Balance at Year End | MethodOfAmountDeterminationTxt |