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
$73.1M
Total Assets
$529.1M
Total Revenue
$147.4M
Total Expenses
$87.5M
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
Funding intensity
LowHigh
Headquarters
Leadership
Fran Albrecht
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