Montana State University Foundation Inc

Bozeman, MT, 59717 (406) 994-2053 Est. 1946 EIN 81-6001649
B114 - Education 990 - Public charity return 501(c)(3)
www.msuaf.org

Mission

We cultivate lifelong relationships and secure private support to advance Montana State University.

Giving Portfolio

Total Grants
12
Total Giving
$252.1M
Recipients
11
Years Active
2017 - 2024
Avg grant: $27,753,785 Median: $22,242,156

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$73.1M $73.1M01
20231$28.2M $28.2M01
20221$18.1M $18.1M01
20215$37.6M $7.5M31
20201$19.2M $19.2M01
20191$15.2M $15.2M01
20181$25.3M $25.3M01
20171$35.5M $35.5M10

Sectors Funded

International & Foreign Affairs
1
Human Services
1

Top States

Montana
11
Colorado
1

Grantee Size Profile

$5M - $10M
1

Top Grantees

Grants Awarded · 11 grants

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Financials

Total Revenue
$147,436,078
Total Expenses
$87,469,731
Net Assets
$507,773,678
90 employees 150 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
5.8 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 45.9%
Expenses ↑ 109.9%
Revenue Sources
Contributions 84.7% Earned revenue 3.1% Investment 12.0%
Expense Breakdown
Program 85.7% Management 8.6% Fundraising 5.8%

Officers & Trustees (38)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$147,436,078 ↑$87,469,731$507,773,678
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$101,083,515 ↑$41,668,972$433,539,411
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$61,224,540 ↓$29,360,325$358,161,035
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$68,811,892 ↑$46,879,130$309,909,482
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$36,483,820 ↑$26,057,212$310,930,064
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$31,692,855 ↓$22,517,889$253,492,033
2018 990 - Public charity return
Jul 1, 2018 to Jun 30, 2019
$41,261,685 ↑$32,729,666$250,658,416
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$30,477,479 $42,215,439$238,110,401

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EIN: 81-6001649 · Source: IRS Form 990 e-file data