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    3. University of Montana Foundation
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    University of Montana Foundation

    ActivoEducation
    MISSOULA, MTSitio web4062432673EIN: 81-0362989

    About University of Montana Foundation

    The mission of the UM Foundation is to inspire philanthropic support to enhance excellence and opportunity at the University of Montana. Vision: The Lives We Change Will Change the World.

    Focus Areas

    Higher educationScholarshipsStudent support and accessResearchArts and cultural programsConservation/forest conservation (endowed chairs)

    Who They Fund

    colleges and universitiespostsecondary students

    Funding Style

    capital fundinginstitutional/core supportdirect scholarships/student financial aidcapital project grants

    About University of Montana Foundation

    The University of Montana Foundation’s giving is defined by a repeating annual transfer to The University of Montana, with three consecutive grants above $24 million for academic and institutional support, capital projects, and scholarships. Those awards show a funder built around the university’s core needs rather than a wide external grant portfolio. The latest grant, at $28,491,654 in 2025, continued the same support pattern seen in 2024 and 2023, when the foundation granted $25,612,301 and $24,734,767 to the university for the same broad purposes. That consistency aligns with the foundation’s stated mission to inspire philanthropic support that enhances excellence and opportunity at the University of Montana. The foundation also sits behind a substantial asset base of $424,989,549 and reported annual grants of $78,838,722. Its grantmaking is concentrated on postsecondary education, especially institutional support, student scholarships, and capital funding tied to the university’s academic and campus priorities. In practice, the recent record shows a funder focused on sustaining one institution through large-scale operating, construction, and student-aid support.

    What University of Montana Foundation Funds

    Academic and institutional support is central to the foundation’s recent giving. In 2025, it awarded $28,491,654 to The University of Montana for academic and institutional support, capital projects, and scholarships, showing how core university needs are funded together rather than separately. Scholarship support is part of that same pattern. The 2024 grant to The University of Montana, at $25,612,301, included scholarships alongside academic and institutional support, indicating that student aid is embedded within broader institutional funding. Capital projects are another clear theme. In 2023, the foundation gave $24,734,767 to The University of Montana for academic and institutional support, capital projects, and scholarships, linking campus improvements with program and student support. The stated focus areas also include research, arts and cultural programs, and conservation through endowed chairs.

    How University of Montana Foundation Gives

    The foundation gives in very large, highly consistent installments. Its typical grant size is clustered tightly around the mid-$25 million range: p25 is $25,173,534, the median is $25,612,301, and p75 is $27,051,978. The recent record suggests repeated support rather than isolated one-off awards, with the same recipient appearing in 2023, 2024, and 2025. The foundation does not fund individuals and does not make program-related investments. Its grantmaking pattern is institutional and university-centered, with awards structured around academic support, capital projects, and scholarships.

    Financial Snapshot

    Annual Giving

    $28.5M

    Total Assets

    $425M

    Total Revenue

    $59M

    Total Expenses

    $38.9M

    Typical Grant Size

    Most grants fall between $25.2M and $27.1M, with a median of $25.6M.

    25th Percentile

    $25.2M

    Median

    $25.6M

    75th Percentile

    $27.1M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in MT.

    Intensidad de financiamiento
    Baja
    Alta
    Sede

    Leadership

    CINDY WILLIAMS

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    Topics

    higher education institutional supportcampus capital improvements (construction/renovation)postsecondary student scholarshipsacademic program strengthening

    Where University of Montana Foundation Makes Grants

    Grantmaking is entirely local and entirely in Montana. All recent grants went to recipients in the HQ state, which also accounts for 100% of grants by recipient location. The named recipient city in the recent grants is Missoula, with The University of Montana receiving each of the top three awards there. The recipient country distribution is all US, with three grants and no non-US recipients in the data.

    Frequently Asked Questions About University of Montana Foundation

    What does The University of Montana Foundation fund?

    Its stated focus areas center on higher education, scholarships, student support and access, research, arts and cultural programs, and conservation through endowed chairs. The recent grant record shows those priorities expressed through support for The University of Montana’s academic and institutional needs, capital projects, and scholarships.

    How large are its typical grants?

    The foundation’s grant sizes are very large and tightly grouped. The p25 grant size is $25,173,534, the median is $25,612,301, and the p75 is $27,051,978, indicating recurring awards in the mid-$25 million range.

    Who receives its grants?

    Recent grants went to The University of Montana in Missoula, Montana. The beneficiary types listed are colleges and universities and postsecondary students, and the foundation’s recent awards are directed to the university rather than to individuals.

    Does it give outside Montana?

    The data shows a local geographic scope of giving, with 100% of grants to recipients in Montana. The recent grants listed are all to The University of Montana in Missoula, and the recipient country distribution is 100% US.

    Latest 990 Filing

    2025

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

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    THE UNIVERSITY OF MONTANAMISSOULA, MT$28,491,6542025ACADEMIC AND INSTITUTIONAL SUPPORT, CAPITAL PROJECTS, AND SCHOLARSHIPS
    THE UNIVERSITY OF MONTANAMISSOULA, MT$25,612,3012024ACADEMIC AND INSTITUTIONAL SUPPORT, CAPITAL PROJECTS, AND SCHOLARSHIPS
    THE UNIVERSITY OF MONTANAMISSOULA, MT$24,734,7672023ACADEMIC AND INSTITUTIONAL SUPPORT, CAPITAL PROJECTS, AND SCHOLARSHIPS

    THE UNIVERSITY OF MONTANA

    $28,491,654
    MISSOULA, MT2025

    ACADEMIC AND INSTITUTIONAL SUPPORT, CAPITAL PROJECTS, AND SCHOLARSHIPS

    THE UNIVERSITY OF MONTANA

    $25,612,301
    MISSOULA, MT2024

    ACADEMIC AND INSTITUTIONAL SUPPORT, CAPITAL PROJECTS, AND SCHOLARSHIPS

    THE UNIVERSITY OF MONTANA

    $24,734,767
    MISSOULA, MT2023

    ACADEMIC AND INSTITUTIONAL SUPPORT, CAPITAL PROJECTS, AND SCHOLARSHIPS