2026-04-17T09:19:04-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 2001 16TH STREET SUITE 1700 DENVER CO 80202 990 2024-07-01 810362989 THE UNIVERSITY OF MONTANA FOUNDATION UNIV 4062437442 PO BOX 7159 MISSOULA MT 59807 JAMIE STANTON CFO 4062437442 2026-04-15 1 1 REBECCA DETTMANN CPA P01408585 3037795710 2026-04-06 2024 2025-03-06 01:10:19Z CINDY WILLIAMS PO BOX 7159 MISSOULA MT 59807 320787658 0 X WWW.SUPPORTUM.ORG X 1950 MT TO INSPIRE PHILANTHROPIC SUPPORT TO ENHANCE EXCELLENCE AND OPPORTUNITY AT THE UNIVERSITY OF MONTANA. 25 25 80 29 -266180 0 46879104 43931790 979500 1035710 10169128 12584025 1016553 1121313 59044285 58672838 28491654 42987433 0 0 6993872 8123878 340037 207956 4332839 3118595 2882737 38944158 54202004 20100127 4470834 424989549 459117547 52313722 55991891 372675827 403125656 X THE UNIVERSITY OF MONTANA FOUNDATION INSPIRES PHILANTHROPIC SUPPORT TO ENHANCE EXCELLENCE AND OPPORTUNITY AT THE UNIVERSITY OF MONTANA. 0 0 20509217 20504771 411246 TO PROVIDE ACADEMIC AND INSTITUTIONAL SUPPORT FOR THE UNIVERSITY OF MONTANA'S PROGRAMS AND PROJECTS. 14163964 14163964 0 TO PROVIDE SUPPORT FOR THE UNIVERSITY OF MONTANA'S CAPITAL PROJECTS. 8318698 8318698 0 TO PROVIDE SCHOLARSHIPS AND AWARDS TO UNIVERSITY OF MONTANA STUDENTS. 0 0 1641802 EVERY SUCCESSFUL FOUNDATION RELIES ON A STRONG FRAMEWORK TO ENSURE DONATED FUNDS ARE RESPONSIBLY MANAGED, PROGRAMS RUN SMOOTHLY, AND THE MISSION REMAINS SUSTAINABLE FOR YEARS TO COME. THE UM CONTRACT AND ADMINISTRATION FEES DELIVER THIS CRITICAL SUPPORT AND PLAYS A STRATEGIC ROLE IN ADVANCING OUR MISSION. 0 0 1641802 42991879 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 0 1 1 0 0 1 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 1 17 0 1 80 1 1 1 1 CJ GK 0 0 0 1 1 0 0 0 0 0 0 X 25 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AK AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MO MS NE NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X LYDIA LUDWIG 4062437426 PO BOX 7159 MISSOULA MT 59807 BARLOW DIANE BOARD CHAIR 1.50 X X 0 0 0 WINSLOW STEVE BOARD VICE CHAIR 1.50 X X 0 0 0 BRONSON ROBERT BOARD TREASURER 1.50 X X 0 0 0 ALVAREZ ALINA TRUSTEE 1.00 X 0 0 0 ANDERSEN ZAK TRUSTEE 1.00 X 0 0 0 BAHLS STEVE TRUSTEE 1.00 X 0 0 0 BRENNER BILL TRUSTEE 1.00 X 0 0 0 BURKE JOHN TRUSTEE 1.00 X 0 0 0 DAHL BOBBI TRUSTEE 1.00 X 0 0 0 DAVIDSON ANDREW TRUSTEE 1.00 X 0 0 0 DOWLING SCOTT TRUSTEE 1.00 X 0 0 0 EBERLING KATHY TRUSTEE 1.00 X 0 0 0 FRANKE PAIGE TRUSTEE 1.00 X 0 0 0 GILDER BRITNEY TRUSTEE 1.00 X 0 0 0 GLEASON MAGGIE TRUSTEE 1.00 X 0 0 0 GRILLS DENISE TRUSTEE 1.00 X 0 0 0 ISERN JENNIFER TRUSTEE (THROUGH 10/24) 1.00 X 0 0 0 JAMES DOUG TRUSTEE 1.00 X 0 0 0 LEVITAN MATT TRUSTEE 1.00 X 0 0 0 MCCORMICK TONY TRUSTEE 1.00 X 0 0 0 MCGUIRE COLLEEN TRUSTEE 1.00 X 0 0 0 MONAHAN JOE TRUSTEE (THROUGH 10/24) 1.00 X 0 0 0 NONNENMACHER MARK TRUSTEE 1.00 X 0 0 0 ROBINSON OWEN TRUSTEE (THROUGH 10/24) 1.00 X 0 0 0 ROTH RICH TRUSTEE (THROUGH 10/24) 1.00 X 0 0 0 ROWE BOB TRUSTEE 1.00 X 0 0 0 STREICH JOHN TRUSTEE 1.00 X 0 0 0 SWAN JON TRUSTEE 1.00 X 0 0 0 URSICH KURT TRUSTEE 1.00 X 0 0 0 WILLIAMS CYNTHIA PRESIDENT & CEO 40.00 X 387411 0 56417 STANTON JAMIE CHIEF FINANCE AND OPERATIONS OFFICER 40.00 X 214242 0 47092 MACLEAN JACOB BOARD SECRETARY 40.00 X 60069 0 16994 JENNINGS TRACEY VP OF DEVELOPMENT 40.00 X 170712 0 30602 REARDON BRAD VP OF INFORMATION SYSTEMS 40.00 X 151366 0 40169 RUE HEATHER VP OF MARKETING & COMMUNICATIONS 40.00 X 131476 0 38036 KEENAN ERIN AVP OF DEVELOPMENT 40.00 X 121507 0 21677 HAMBLIN JOANN DIRECTOR OF BUSINESS INTELLIGENCE 40.00 X 114411 0 25019 JANOSKO JEFFREY SENIOR DIRECTOR OF PRINCIPAL GIFT 40.00 X 111050 0 26484 THIGPEN HELEN C GENERAL COUNSEL 40.00 X 114479 0 16929 1576723 0 319419 12 0 1 0 DICK ANDERSON CONSTRUCTION 7168 EXPRESSWAY LANE MISSOULA MT 59808 CONSTRUCTION 982438 FIELDTURF USA INC 175 NORTH INDUSTRIAL BLVD CALHOUN GA 30701 CONSTRUCTION 242963 PROFESSIONAL CONSTRUCTION SERV 9665 SUMMIT DRIVE MISSOULA MT 59808 CONSTRUCTION 226459 EAB PO BOX 603519 CHARLOTTE NC 28260 FUNDRAISING CONSULTATION 221616 ELLUCIAN COMPANY LP 62578 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 SOFTWARE MAINTENANCE AND CONSULTATION 205371 9 1210320 155842 42565628 6136472 43931790 CONTRACT AGREEMENT UM 561499 1035710 1035710 1035710 4512575 -585345 5097920 1654 1654 270033629 261962179 8071450 8071450 319165 7752285 254962 155842 152641 102321 102321 ADMIN FEE REVENUE 561499 606092 606092 MISCELLANEOUS REVENUE 900099 411246 411246 1017338 58672838 2053048 -266180 12954180 42987433 42987433 1225938 741627 484311 4963711 2741488 2222223 739554 307051 432503 736228 432068 304160 458447 255113 203334 45147 45147 132622 132622 207956 207956 668373 668373 268828 260024 8804 13454 1499 11955 267205 880 179826 86499 572277 395978 176299 301565 296996 4569 107730 29091 78639 151044 81582 69462 87367 87367 75222 75222 UBIT TAXES 343 343 EVENTS & ENTERTAINMENT 124155 3566 84501 36088 DONOR & STAFF RECOG. 20331 19523 808 DUES AND PUBLICATION 19359 16826 2533 27715 25019 2696 54202004 42991879 6877286 4332839 2000 226423 4840660 6722131 11062782 14249392 362911 455756 242975 385618 920884 623203 9295956 297681 111838308 114971738 269869179 303912878 17474778 17895930 424989549 459117547 5284773 4171542 257000 259570 27848248 32144869 18923701 19415910 52313722 55991891 X 9952045 13968761 362723782 389156895 372675827 403125656 424989549 459117547 X 4470834 27453729 -1474734 X X 0 1 X 1 0 X 24063976 46719557 28741277 46879104 43931790 190335704 24063976 46719557 28741277 46879104 43931790 190335704 26735866 163599838 3515792 2905964 3879281 4792974 5099574 20193585 339764 149525 136102 102321 727712 609008 1096012 842438 877260 1017338 4442056 215699057 3938210 0.75850 0.76360 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADMIN FEE REVENUE - 2020 AMOUNT: $ 447,115. 2021 AMOUNT: $ 393,223. 2022 AMOUNT: $ 440,996. 2023 AMOUNT: $ 474,371. 2024 AMOUNT: $ 606,092. MISC REVENUE - 2020 AMOUNT: $ 161,893. 2021 AMOUNT: $ 702,789. 2022 AMOUNT: $ 401,442. 2023 AMOUNT: $ 402,889. 2024 AMOUNT: $ 411,246. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 54 54 49869111 49869165 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 42000 54 42054 250000 250000 250000 250000 1000000 1500000 0 1 X 231952253 7854474 27545862 7945456 3825268 255581865 207920815 13203821 21463223 7091712 3543894 231952253 198449282 4507836 15137105 6698911 3474497 207920815 211150264 11247897 -14256539 6222648 3469692 198449282 161651453 11660753 46728998 5575274 3315666 211150264 0.00000 1.00000 0.00000 0 0 25000 25000 227663 92830 134833 668221 530373 137848 297681 INVESTMENTS VALUED AT NET ASSET VALUE 303912878 F 303912878 SPLIT INTEREST AGREEMENTS 16758035 LEASE LIABILITY 2657875 19415910 84328503 27453729 113353 -1474734 26092348 58236155 589324 -152641 436683 58672838 53878674 113353 113353 53765321 589324 -152641 436683 54202004 PART IV, LINE 2B: THE UNIVERSITY OF MONTANA FOUNDATION HOLDS ASSETS ON BEHALF OF THE UNIVERSITY OF MONTANA, THE UNIVERSITY OF MONTANA ALUMNI ASSOCIATION, AND THE GRIZZLY SCHOLARSHIP ASSOCIATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,474,734. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENTS -152,641. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENTS -152,641. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS N/A 786054 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 35341827 0 0 0 0 0 0 36127881 0 36127881 1 0 1 1 1 0 PART I, LINE 3, COLUMN (F): THE ACCOUNTING METHOD USED IS ACCRUAL. X X X X X X 1 EAB PO BOX 603519 CHARLOTTE NC 28260 DIRECT MAILING & DAY OF GIVING 0 864307 207956 656351 864307 207956 656351 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY HOOKS FOR BOOKS 151163 61755 89408 32277 231 9744 25217 WRITERS' FALL OPUS 65746 22934 42812 17446 200 3372 2362 6 193895 71153 122742 4211 1750 17860 37971 410804 155842 254962 53934 2181 30976 65550 152641 102321 1 THE UNIVERSITY OF MONTANA 32 CAMPUS DRIVE MISSOULA MT 59812 816001713 STATE OF MT 32765966 10221467 FMV ART, EQUIP., INSTRUM. & MUSIC, SUPPL., FOOD, INDOOR PRACTICE FACILITY ACADEMIC AND INSTITUTIONAL SUPPORT, CAPITAL PROJECTS, AND SCHOLARSHIPS 1 0 PART I, LINE 2: ALL GRANT REQUESTS ARE REVIEWED TO ENSURE THEY ARE IN ACCORDANCE WITH THE DONOR'S CRITERIA AND THE FOUNDATION'S ACCOUNTS PAYABLE POLICY. ADDITIONALLY, GRANT REQUEST MUST BE FROM AN AUTHORIZED UNIVERSITY OF MONTANA REPRESENTATIVE. X X X X 0 0 0 0 0 0 0 1 0 WILLIAMS CYNTHIA PRESIDENT & CEO 333356 0 47500 0 6555 0 43084 0 13333 0 443828 0 0 0 STANTON JAMIE CHIEF FINANCE AND OPERATIONS OFFICER 213492 0 750 0 0 0 24694 0 22398 0 261334 0 0 0 JENNINGS TRACEY VP OF DEVELOPMENT 169962 0 750 0 0 0 19153 0 11449 0 201314 0 0 0 REARDON BRAD VP OF INFORMATION SYSTEMS 150616 0 750 0 0 0 17771 0 22398 0 191535 0 0 0 RUE HEATHER VP OF MARKETING & COMMUNICATIONS 130726 0 750 0 0 0 15638 0 22398 0 169512 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID OUT BONUSES IN 2024 AS FOLLOWS FOR PERSONS LISTED ON FORM 990, PART VII, SECTION A: 1. CYNTHIA WILLIAMS...........$ 47,500 2. JAMIE STANTON..............$ 750 3. TRACEY JENNINGS............$ 750 4. BRAD REARDON...............$ 750 5. HEATHER RUE................$ 750 BRAD REARDON FAMILY MEMBER OF JAMIE STANTON, CURRENT OFFICER 197844 COMPENSATION 0 X 13 159044 FAIR MARKET VALUE X 1931 FAIR MARKET VALUE X 4459 FAIR MARKET VALUE X 102 5666280 FAIR MARKET VALUE X 10 16435 FAIR MARKET VALUE X 1 237000 FAIR MARKET VALUE X SUPPLIES 47 22171 FAIR MARKET VALUE X MISCELLANEOUS 5 16137 FAIR MARKET VALUE X FOOD/BEV 10 9730 FAIR MARKET VALUE X EQUIPMENT 2 3285 FAIR MARKET VALUE 3 0 1 0 PART I COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1A THE CHAIR AND EXECUTIVE COMMITTEE, CONSISTING OF THE OFFICERS AND TWO AT-LARGE MEMBERS RECOMMENDED BY THE CHAIR AND APPROVED BY THE BOARD, SERVES AS LIAISON TO THE PRESIDENT AND PROVIDES STRATEGIC AND POLICY LEADERSHIP AS NEEDED BETWEEN MEETINGS OF THE BOARD. ADDITIONAL RESPONSIBILITIES ARE OUTLINED IN THE EXECUTIVE COMMITTEE CHARTER APPROVED BY THE BOARD. THE EXECUTIVE COMMITTEE SHALL REPORT ALL ACTIONS TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 CFOO JAMIE STANTON AND VP BRAD REARDON HAVE A FAMILY RELATIONSHIP. ANDREW DAVIDSON IS A BOARD TRUSTEE AND HE HOLDS A BUSINESS RELATIONSHIP WITH DAVIDSON INVESTMENT ADVISORS, WHERE THE ORGANIZATION HAS A SUBSTANTIAL AMOUNT OF MONEY INVESTED. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY MANAGMENT. PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE AUDIT RISK COMMITTEE OF THE BOARD AND IS AVAILABLE FOR REVIEW BY THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND KEY EMPLOYEES MUST DISCLOSE ACTUAL, APPARENT, OR POTENTIAL CONFLICTS OF INTEREST ANNUALLY AND AS THEY ARISE. DISCLOSURES ARE REVIEWED BY THE GOVERNANCE COMMITTEE, WHICH EVALUATES WHETHER A MATERIAL FINANCIAL INTEREST EXISTS. INDIVIDUALS WITH A CONFLICT ARE RECUSED FROM RELATED DISCUSSIONS AND DECISIONS. ALL RECUSALS AND REVIEWS ARE DOCUMENTED IN THE BOARD'S RECORDS. THE FOUNDATION'S CONFLICT OF INTEREST POLICY INCLUDES CLEAR DEFINITIONS AND APPLIES TO BOTH FINANCIAL RELATIONSHIPS AND POSITIONS OF INFLUENCE INVOLVING TRUSTEES, KEY EMPLOYEES, AND THEIR FAMILY MEMBERS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE FOUNDATION'S PRESIDENT AND CEO IS REVIEWED ON AN ANNUAL BASIS BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. SALARY BENCHMARKING IS REFERENCED BY THE COMMITTEE IN DETERMINING SALARY. A RECOMMENDATION IS THEN MADE TO THE FULL BOARD AND ONCE THAT DECISION IS APPROVED, HUMAN RESOURCES IS PROVIDED THE FINAL DECISION AND UPDATED EMPLOYMENT CONTRACTS ARE DRAFTED. DELIBERATIONS ARE DOCUMENTED WITHIN THE MEETING MINUTES. COMPENSATION FOR EXECUTIVE EMPLOYEES AND THE SECRETARY ARE REVIEWED ON AN ANNUAL BASIS BY THE PRESIDENT AND CEO, AND COMPARED TO PEER INSTITUTIONS THROUGH INDEPENDENT SALARY SURVEYS. THE PROCESSES DESCRIBED HERE WERE LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S BY-LAWS, ARTICLES OF INCORPORATION, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE FOUNDATION'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,474,734. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.