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Organizations Education Montana Technological University Foundation

Montana Technological University Foundation

Fiscal year ending 2023. Filed on May 6, 2024.

1300 West Park Street
Butte, Montana 59701

Montana Technological University Foundation (EIN: 81-0250363), also known as Montana Tech Foundation, has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2023 IRS Form 990 filing, Montana Technological University Foundation, a 501(c)(3) charitable organization, reported compensation for 3 out of 9 total employees. Among the employees shown here, the average compensation is $116,498. The highest compensated employee at Montana Technological University Foundation is Luke Meyer with fiscal year 2023 compensation of $134,836. Montana Technological University Foundation changed its name from Montana Tech Foundation in 2021.

Revenue, expenses, and employee compensation

Revenue

$43,480,742

Expenses

$12,320,425

Employee compensation

$928,758
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Luke Meyer
Vice President, Development
$134,836
$103,574 No related comp$31,262
Deanna Johnson
Chief Financial Officer
$128,145
$97,774 No related comp$30,371
Jaime Heppler
Chief Executive Officer
$86,513
$79,913 No related comp$6,600

Benchmark Employee Compensation

Non-Employee Board Members

Adam Sayers
Director
Bob Morris
Director
Bob Shepherd
Vice Chair
Brian Smyth
Director (Thru 9/22)
Bryan Larson
Board Chair
Dave Burger
Director
Gary Kolstad
Director
Jon Cherry
Director
Jonna Laslovich
Director
Josh Vincent
Treasurer
Kathy Arnold
Director
Leo McCarthy
Director

Mission Statement

THE MISSION OF THE MONTANA TECH FOUNDATION IS TO ADVANCE THE TEACHING, RESEARCH, AND PUBLIC SERVICE ENDEAVORS OF MONTANA TECHNOLOGICAL UNIVERSITY BY GENERATING PRIVATE CONTRIBUTIONS TO SUPPLEMENT THE INSTITUTION'S STATE AND FEDERAL REVENUES FOR CAPITAL, OPERATING, AND STUDENT ASSISTANCE FUNDS. ESTABLISHED IN 1967 UNDER STATE OF MONTANA LAW, THE FOUNDATION IS THE CATALYST AND CONDUIT THROUGH WHICH GIFTS AND ENDOWMENT INCOME FLOW TO PROVIDE IMMEDIATE AND LONG-TERM SUPPORT FOR MONTANA TECHNOLOGICAL UNIVERSITY AND ALL OF ITS PROGRAMS. THE FOUNDATION IS A MECHANISM THROUGH WHICH PRIVATE SUPPORT IS RAISED AND MANAGED FOR THE SOLE BENEFIT OF MONTANA TECHNOLOGICAL UNIVERSITY. OVERSEEN BY A BOARD OF DIRECTORS AND STAFFED BY A TEAM OF DEVELOPMENT PROFESSIONALS, THE FOUNDATION ADMINISTERS ALL GIFTS IN A BUSINESS-LIKE MANNER IN ACCORDANCE WITH DONORS' WISHES.

Revisions to this organization profile

April 15, 2025:
2024 Montana Technological University Foundation 990 filed
May 6, 2024:
2023 Montana Technological University Foundation 990 filed
May 11, 2023:
2022 Montana Technological University Foundation 990 filed

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