Montana State University Foundation Inc
Bozeman, MT · EIN 81-6001649 · Education · Rank 3,864 by total revenue
Cultivate lifelong relationships and secure private support to advance Montana State University.
Money, Form 990 for tax year 2024
- Total revenue
- $147,436,078
- Total expenses
- $87,469,731
- Total assets
- $529,070,770
- Salary base (all salaries and wages)
- $6,841,266
- Salaries, other pay and benefits
- $8,659,967
- Employees
- 90
- Salary base per employee
- $76,014
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (30)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Fran Albrecht | President and CEO | Officer | 50 | $337,435 |
| Melissa Kinnear Until 1124 | VP of Finance & Accounting | Officer | 50 | $249,153 |
| Nancy Seleski | Chair | Board, Officer | 6.5 | None reported |
| Bill Sanderson | Vice Chair | Board, Officer | 0.8 | None reported |
| Mary Ann Pearce | Former Chair (Until 11/24) | Board, Officer | 1.5 | None reported |
| Darryl Thompson | Secretary/Treasurer | Board, Officer | 4 | None reported |
| Greg Collins | Past Chair | Board, Officer | 3.9 | None reported |
| Jen Nord From 0525 | VP of Finance & Accounting | Officer | 30 | None reported |
| Shannon Schumacher | VP of Development | Key employee | 50 | $218,774 |
| Ron Aasheim | Governor | Board | 2.1 | None reported |
| Behrooz Abdi | Governor | Board | 1.1 | None reported |
| Mark Bacigalupo | Governor | Board | 1.2 | None reported |
| Frank Benevento | Governor | Board | 0.5 | None reported |
| Jomarie Bliss | Governor | Board | 1.8 | None reported |
| Brian Brown | Governor (Joined 11/24) | Board | 0.5 | None reported |
| Don Cape Jr | Governor | Board | 1 | None reported |
| Jill Cuniff | Governor | Board | 2.7 | None reported |
| Ingrid Degreef | Governor | Board | 2.3 | None reported |
| Wayne Edwards | Governor (Joined 7/24) | Board | 0.7 | None reported |
| Carol Ezrati | Governor (Joined 7/24) | Board | 1.5 | None reported |
| Don Gimbel | Governor | Board | 0.2 | None reported |
| Denise Juneau | Governor (Until 7/24) | Board | 0.1 | None reported |
| Ron Lewis | Governor | Board | 0.3 | None reported |
| Chris Nygren | Governor | Board | 0.8 | None reported |
| Steve Rovig | Governor (Until 7/24) | Board | 0.3 | None reported |
| Lynda Sedivy | Governor | Board | 0.8 | None reported |
| Walter Smith | Governor | Board | 0.6 | None reported |
| Kent Strazza | Governor | Board | 1 | None reported |
| Steve Wheeler | Governor | Board | 0.7 | None reported |
| Andrew Wilcox | Governer | Board | 0.7 | None reported |
Top 10 paid people listed
These 10 people received $2,008,563, which is 29.4% of the $6,841,266 salary base shared by 90 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Fran Albrecht | President and CEO | Officer | 50 | $301,975 | $0 | $35,460 | $337,435 |
| Melissa Kinnear Until 1124 | VP of Finance & Accounting | Officer | 50 | $213,143 | $0 | $36,010 | $249,153 |
| Shannon Schumacher | VP of Development | Key employee | 50 | $188,877 | $0 | $29,897 | $218,774 |
| Kathleen Saylor | Sr. Director of Special Projects | Highly paid employee | 40 | $170,014 | $0 | $24,612 | $194,626 |
| Kevin Brown | Assoc. VP of Development for ETGP | Highly paid employee | 40 | $150,897 | $0 | $33,477 | $184,374 |
| Kerry Hanson | VP of Engagement | Highly paid employee | 40 | $158,356 | $0 | $25,885 | $184,241 |
| Therese Weller | Sr. Managing Director of ETGP | Highly paid employee | 40 | $144,775 | $0 | $28,929 | $173,704 |
| Christopher Murray | Former President and CEO | Former | 0 | $169,292 | $0 | $0 | $169,292 |
| Jacqueline Sather Sr Managing | Director of Development, OR | Highly paid employee | 40 | $133,618 | $0 | $27,897 | $161,515 |
| Mary Jane McGarity | Former Interim President and CEO | Former | 40 | $109,702 | $0 | $25,747 | $135,449 |
Sources
- IRS e-file return 202621259349302907 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 81-6001649
- Organization website (as filed): www.msuaf.org