- Revenue 2023
- $9,836,871
- Expenses 2023
- $6,319,952
Program services were 69.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B110
- Classification
- 2000
- Street
- 1300 W PARK ST
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2023
Mission
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.
Activities or mission (Part I)
ADVANCE THE TEACHING, RESEARCH, AND PUBLIC SERVICE ENDEAVORS OF MONTANA TECHNOLOGICAL UNIVERSITY.
-
THE MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION PROVIDED THE MONTANA TECHNOLOGICAL UNIVERSITY WITH PRIVATE DOLLARS TO ADVANCE ITS MISSION TO CONNECT STUDENTS TO A NETWORK OF PEOPLE, OPPORTUNITIES AND EXPERIENCE THAT EMPOWER THEM TO CHANGE THE WORLD. THE FOUNDATION PROVIDED $1.8 MILLION IN SCHOLARSHIPS TO 551 STUDENTS AND $2.6 MILLION TO ASSIST DEPARTMENTS WITH PURCHASES OF EQUIPMENT, SUPPLIES AND FACULTY SUPPORT.
Expenses $4,384,430 · Grants $3,359,198
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2023
As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Jaime HepplerJAIME HEPPLER
CHIEF EXECUTIVE OFFICER
- Total calculated
- $234,596
- From this org
- $190,593
- From related orgs
- $0
- Other
- $44,003
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $179,375
- Bonus
- $10,558
- Other
- $660
- Deferred
- $16,523
- Nontaxable benefits
- $27,480
- Filer's total
- $234,596
-
Luke MeyerLUKE MEYER
VICE PRESIDENT OF DEVELOPMENT
- Total calculated
- $178,626
- From this org
- $142,361
- From related orgs
- $0
- Other
- $36,265
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $135,500
- Bonus
- $6,201
- Other
- $660
- Deferred
- $14,905
- Nontaxable benefits
- $21,360
- Filer's total
- $178,626
-
Lance J AllenLANCE J ALLEN
CHIEF FINANCIAL OFFICER
- Total calculated
- $10,517
- From this org
- $10,517
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Bob ShepherdBOB SHEPHERD
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Bryan LarsonBRYAN LARSON
OUTGOING CHAIR (THRU 2/24)
- Total calculated
- $0
- Hours/week
- 1
-
Josh VincentJOSH VINCENT
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kristen MansonKRISTEN MANSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jerri DoyleJERRI DOYLE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Nicki Miller HoustonNICKI MILLER HOUSTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kathy ArnoldKATHY ARNOLD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dave BurgerDAVE BURGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill DailyBILL DAILY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jon CherryJON CHERRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gary KolstadGARY KOLSTAD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonna LaslovichJONNA LASLOVICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Leo McCarthyLEO MCCARTHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dennis GarbarinoDENNIS GARBARINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Leo McArthyLEO MCARTHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2023
- Revenue
- $9,836,871
- Expenses
- $6,319,952
- Contributions
- $7,509,781
- Grants paid
- $3,359,198
-
2022
- Revenue
- $43,480,742
- Expenses
- $12,320,425
- Contributions
- $42,903,714
- Grants paid
- $9,901,336
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $13,181,089
- Expenses
- $7,193,518
- Assets (EOY)
- $66,302,899
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $7,987,188
- Expenses
- $4,882,897
- Assets (EOY)
- $62,802,705
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- $6,830,837
- Expenses
- $5,766,992
- Assets (EOY)
- $50,088,966
-
2018 · 990
- Revenue
- $5,934,648
- Expenses
- $6,522,506
- Assets (EOY)
- $49,610,748
-
2017 · 990
- Revenue
- $9,035,077
- Expenses
- $8,879,545
- Assets (EOY)
- $49,171,096
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
MONTANA TECHNOLOGICAL UNIVERSITY
$2,608,999
2022 STUDENT SCHOLARSHIPS, PROFESSORSHIP SUPPLEMENTS, AND PROGRAM DISTRIBUTIONS
-
MONTANA TECHNOLOGICAL UNIVERSITY
$2,464,666
2023 STUDENT SCHOLARSHIPS, PROFESSORSHIP SUPPLEMENTS, AND PROGRAM DISTRIBUTIONS
-
MONTANA TECH ALUMNI ASSOCIATION
$14,602
2022 GENERAL OPERATIONS
Grants received
-
THE AYCO CHARITABLE FOUNDATION
$8,268,400
2024 EDUCATION
-
THE AYCO CHARITABLE FOUNDATION
$8,090,000
2023 EDUCATION
-
2023 For grant recipient's exempt purposes
-
2024 For grant recipient's exempt purposes
-
DONOR ADVISED CHARITABLE GIVING
$350,000
2024 EDUCATION
-
DONOR ADVISED CHARITABLE GIVING
$312,500
2023 EDUCATION
-
$273,950
2024 EDUCATION
-
2022 For grant recipient's exempt purposes
-
$165,000
2024 EDUCATIONAL
-
$138,250
2022 EDUCATION
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2023 return
-
MONTANA TECHNOLOGICAL UNIVERSITY
UNIVERSITY · MT
California fundraising campaigns
Campaigns run by paid fundraisers, commercial coventurers and thrift stores naming this organization, as California published them. Both figures are as filed, and what the first one counts depends on the campaign type — a coventurer or a thrift store files its own sales rather than money collected for the charity. The 990 reports this only as a yearly total, never per campaign.
-
RUFFALO NOEL LEVITZ LLC
$8,326 raised
2021 Commercial Fundraiser
-$4,293 to charity
-
RUFFALO NOEL LEVITZ LLC
$9,167 raised
2020 Commercial Fundraiser
$9,167 to charity
-
RUFFALO NOEL LEVITZ LLC
$6,935 raised
2020 Commercial Fundraiser
$6,935 to charity
Amounts are as filed and do not add up: a commercial coventurer reports one promotion's whole gross once for each charity that shared in it. A campaign may also name more than one registered charity, in which case it appears on each.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.