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Filing year 2023

MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION

Butte, Montana·EIN 81-0250363·NTEE B110 · Education·501(c)(3)
Total revenue
$9.8M
Total assets
$109.6M
Total expenses
$6.3M
Reported officers
18
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Chief Executive Officer
75th to 90th percentilevs Education peers in Montana
$235k
$257k
Base
$179k
Bonus
$11k
Other
$660
Benefits
$27k
Vice President of Development
Vice President
Median to 75th percentile
$179k
$196k
Base
$136k
Bonus
$6k
Other
$660
Benefits
$21k
Chief Financial Officer
Below 10th percentile
$11k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION equaled 4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
4%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 74%
from 2022

From $135k in 2022 to $235k in 2023.

$135k
2022
$235k
2023
In today's dollarsEst.
Up 67% in real terms$154k to $257k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 171% from 2022 to 2023, while revenue fell 77%.

$87k in 2022 to $235k in 2023.
  • Vice President pay rose 32% from 2022 to 2023.
  • Chief Financial Officer pay fell 92% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION

What does the Chief Executive Officer of MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION earn?

In 2023, the Chief Executive Officer of MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION received $234,596 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Montana, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Montana, the 2023 pay of the Chief Executive Officer at MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION equaled 4% of the organization's total expenses. The median for education organizations is 7%.

What are MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION's revenue and expenses?

In 2023, MONTANA TECHNOLOGICAL UNIVERSITY FOUNDATION reported $9.8M in total revenue and $6.3M in total expenses on its IRS Form 990.

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