Investments and Financials
We are committed to offering clear, transparent information about our financial position, investment management, performance, and fees.
The Montana Community Foundation is a 501(c)(3) public charitable organization. We provide permanent funding for philanthropy in Montana through thoughtful fund distributions and long-term investing so charitable gifts deliver the greatest impact for generations to come.
Financial Highlights - Fiscal Year 2023 (07/01/22 - 06/30/23)
- Total Assets: $165.9 million
- Funds: 814 funds under management, 716 planned gifts
- Grants & Scholarships: $4.4 million distributed
- Total Contributions: $9.2 million
Annualized Returns (Ending December 31, 2023)
- 2023: 14%
- 3 Years: 14.3%
- 5 Years: -18.8%
- 10 Years: 6.3%
- All Time: 8.07%
Outsourced Chief Investment Officer: Cambridge Associates
Investment Pool Assets (As of 12/31/23)148.2 Million
Community Impact Fees
Our Community Impact Fees support philanthropy and ensure effective grantmaking. MCF administers competitive fees that support our operating budget and help us to meet our mission. See our Community Impact Fee Schedule here.
Audited Financial Report
- 2023 Audit [PDF]
- 2022 Audit [PDF]
- 2021 Audit [PDF]
- 2020 Audit [PDF]
- 2019 Audit [PDF]
- 2018 Audit [PDF]
- 2017 Audit [PDF]
Form 990
- 2023 Form 990 [PDF]
- 2022 Form 990 [PDF]
- 2021 Form 990 [PDF]
- 2020 Form 990 [PDF]
- 2019 Form 990 [PDF]
- 2018 Form 990 [PDF]
- 2017 Form 990 [PDF]
Fundholder Investment Updates
- Fall 2024 Fundholder Investment Update
- Spring 2024 Fundholder Investment Update
- Fall 2023 Fundholder Investment Update
- Spring 2023 Fundholder Investment Update
- Fall 2022 Fundholder Investment Update
- Spring 2022 Fundholder Investment Update
- Fall 2021 Fundholder Investment Update
- Spring 2021 Fundholder Investment Update
- Spring 2020 Fundholder Investment Update
- Spring 2019 Fundholder Investment Update
- Spring 2018 Fundholder Investment Update
- Spring 2017 Fundholder Investment Update
- Spring 2016 Fundholder Investment Update
- Fall 2015 Fundholder Investment Update
Governing Documents
- Articles of Incorporation [PDF]
- Bylaws [PDF]
- Conflict of Interest Policy [PDF]
For more information about our financials, please contact us.