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    3. Montana State University Foundation
    Logo de Montana State University Foundation

    Montana State University Foundation

    ActivoEducation
    Bozeman, MTSitio web4069942053

    About Montana State University Foundation

    The Montana State University Alumni Foundation cultivates lifelong relationships and secures private support to advance Montana State University, providing a margin of excellence that benefits students, faculty, and the broader community.

    Focus Areas

    Higher educationScholarshipsStudent supportAlumni engagementCommunity engagement

    Who They Fund

    Montana State University studentsMontana State University programs/departments

    Funding Style

    scholarship/direct student aidprogram support (institutional)pass-through/giving-day fundraiser grantrestricted fundraising passthrough

    About Montana State University Foundation

    Montana State University Foundation Inc channels nearly all of its recent giving into Montana State University itself, pairing very large scholarships with program support for the university’s students and departments. The single largest recent grant was $28,175,938 in 2025 to Montana State University in Bozeman for scholarships to Montana State University students and program support, underscoring how central student aid is to its work. The pattern continues across earlier years, including $20,148,065 in 2023 and $18,088,640 in 2024 for the same combined purpose, along with a separate $17,408,556 program-support grant in 2023. Beyond those core institutional transfers, the foundation also appears in campus fundraising and giving-day activity through smaller pass-through grants to student and campus groups. That mix points to a funder focused on strengthening the university’s capacity, supporting student financial aid, and backing selected campus initiatives tied to the Montana State community.

    What Montana State University Foundation Funds

    Higher education support is the clear center of gravity in the foundation’s giving. In 2025, it granted $28,175,938 to Montana State University for scholarships to Montana State University students and program support. Student financial aid also appears repeatedly in earlier years, including $20,148,065 in 2023 for the same combined purpose. Program capacity is another distinct thread: a 2023 grant of $17,408,556 went to Montana State University for program support alone. The foundation also makes smaller campus-linked pass-through grants tied to giving-day fundraising, such as $13,847 to Students Against Sexual Assualt in Bozeman and $7,094 to Engineers Without Borders-USA in Denver. These awards show support for both institutional needs and selected student organizations.

    How Montana State University Foundation Gives

    The reported grant sizes are highly skewed: p25 is $10,470, the median is $17,408,556, and p75 is $19,118,352, reflecting a structure dominated by very large university transfers with a few much smaller pass-through awards. Grants appear across multiple years, including 2023, 2024, and 2025, with repeated support to the same university purpose. The foundation’s profile indicates local giving and no grants to individuals. It also does not make program-related investments. The pattern fits a university-affiliated foundation making restricted fundraising passthrough grants alongside major institutional support.

    Financial Snapshot

    Annual Giving

    $28.2M

    Total Assets

    $453.2M

    Total Revenue

    $101.1M

    Total Expenses

    $41.7M

    Typical Grant Size

    Most grants fall between $10K and $19.1M, with a median of $17.4M.

    25th Percentile

    $10K

    Median

    $17.4M

    75th Percentile

    $19.1M

    Geographic Reach

    Local2 states funded

    About 86% of grants go to recipients in MT.

    Intensidad de financiamiento
    Baja
    Alta
    Sede

    Leadership

    Fran Albrecht

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    Topics

    higher education supportstudent financial aiduniversity program capacitycampus fundraising/giving day support

    Where Montana State University Foundation Makes Grants

    Grantmaking is concentrated in Montana: 86% of grants go to recipients in the HQ state, and Montana is also the top state by grant count. Recent recipients are mostly in Bozeman, including Montana State University, Students Against Sexual Assualt, and Womens Club Volleyball at Msu. The only non-Montana recipient named in the recent grants is Engineers Without Borders-USA in Denver, Colorado. All reported recipient-country activity is in the United States.

    Frequently Asked Questions About Montana State University Foundation

    What does Montana State University Foundation Inc primarily fund?

    Its recent grants center on Montana State University, especially scholarships to Montana State University students and program support. The largest awards in the data, including $28,175,938 in 2025 and two major grants in 2023 and 2024, all went to the university for those purposes.

    How large are its typical grants?

    The grant-size distribution is very wide: p25 is $10,470, the median is $17,408,556, and p75 is $19,118,352. That spread shows a mix of very large university support grants and a small number of much smaller campus pass-through awards.

    Does it fund outside organizations?

    Yes, but only a few recent examples appear in the data and they are small pass-through grants tied to campus giving-day fundraising. Recent recipients include Students Against Sexual Assualt, Engineers Without Borders-USA, and Womens Club Volleyball at Msu.

    Where does it give most often?

    It gives most often in Montana. The data says 86% of grants go to recipients in the HQ state, and Montana is the top state by grant count. Recent recipients are concentrated in Bozeman.

    Does it make grants to individuals or program-related investments?

    No. The foundation profile indicates it does not fund individuals and does not make program-related investments. Its recent activity instead shows institutional support and pass-through grants connected to university fundraising.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    Montana State UniversityBozeman, MT$28,175,9382025Scholarships to Montana State University Students and Program Support
    MONTANA STATE UNIVERSITYBOZEMAN, MT$18,088,6402024SCHOLARSHIPS TO MONTANA STATE UNIVERSITY STUDENTS AND PROGRAM SUPPORT
    MONTANA STATE UNIVERSITYBOZEMAN, MT$20,148,0652023SCHOLARSHIPS TO MONTANA STATE UNIVERSITY STUDENTS AND PROGRAM SUPPORT .
    MONTANA STATE UNIVERSITYBOZEMAN, MT$17,408,5562023PROGRAM SUPPORT
    STUDENTS AGAINST SEXUAL ASSUALTBOZEMAN, MT$13,8472023GIVING DAY FUNDRAISER PASS THRU GRANT
    ENGINEERS WITHOUT BORDERS-USADENVER, CO$7,0942023GIVING DAY FUNDRAISER PASS THRU GRANT
    WOMENS CLUB VOLLEYBALL AT MSUBOZEMAN, MT$6,3242023GIVING DAY FUNDRAISER PASS THRU GRANT

    Montana State University

    $28,175,938
    Bozeman, MT2025

    Scholarships to Montana State University Students and Program Support

    MONTANA STATE UNIVERSITY

    $18,088,640
    BOZEMAN, MT2024

    SCHOLARSHIPS TO MONTANA STATE UNIVERSITY STUDENTS AND PROGRAM SUPPORT

    MONTANA STATE UNIVERSITY

    $20,148,065
    BOZEMAN, MT2023

    SCHOLARSHIPS TO MONTANA STATE UNIVERSITY STUDENTS AND PROGRAM SUPPORT .

    MONTANA STATE UNIVERSITY

    $17,408,556
    BOZEMAN, MT2023

    PROGRAM SUPPORT

    STUDENTS AGAINST SEXUAL ASSUALT

    $13,847
    BOZEMAN, MT2023

    GIVING DAY FUNDRAISER PASS THRU GRANT

    ENGINEERS WITHOUT BORDERS-USA

    $7,094
    DENVER, CO
    2023

    GIVING DAY FUNDRAISER PASS THRU GRANT

    WOMENS CLUB VOLLEYBALL AT MSU

    $6,324
    BOZEMAN, MT2023

    GIVING DAY FUNDRAISER PASS THRU GRANT