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Montana Children's Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 810365625 ✦ Helena, MT ✦ Designated as a 501(c)(3)

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Overview

What is Montana Children's Foundation?

Montana Children's Foundation is a nonprofit organization situated in Helena, Montana. Its primary mission is to support and boost the operations of the Montana Children's Home and Hospital, known as Shodair Hospital. To accomplish this, the foundation has made significant contributions, including $966,030 for capital improvements and $8,400,000 to cover operational costs, such as staff wages and hospital operations. Additionally, the foundation has successfully raised funds through partnerships with the Children's Miracle Network, amassing $876,946. The Montana Children's Foundation plays a crucial role in providing financial assistance to Shodair Hospital, thereby contributing to the well-being of children in Montana.


Official website here: www.shodair.org/foundation/

Is Montana Children's Foundation legitimate?

Montana Children's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana Children's Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $60,000
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.shodair.org/foundation/

What is the mission statement of Montana Children's Foundation?

The Montana Children's Foundation's mission is centered around supporting the Montana Children's Home and Hospital, now known as Shodair Children's Hospital. It primarily lends financial aid to this institution, contributing significantly towards its capital improvements and operational costs. Furthermore, the foundation raises funds through partnerships with the Children's Miracle Network, demonstrating its commitment to the betterment of the hospital and the children it serves.


Official website here: www.shodair.org/foundation/

Who is the CEO of Montana Children's Foundation?

Craig Aasved is the President of Montana Children's Foundation. The CEO's salary of Montana Children's Foundation is $0 and their total compensation is $408,029.


Official website here: www.shodair.org/foundation/

What is the revenue of Montana Children's Foundation?

Montana Children's Foundation's revenue in 2022 was $3,707,984.


Official website here: www.shodair.org/foundation/

Who are the executives of Montana Children's Foundation and what are their salaries?

There 6 volunteers at Montana Children's Foundation.


Here are 15 key members and their salaries (Montana Children's Foundation's CEO's salary is $0 and their total compensation is $408,029):


Dr Joel Maes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Nordwick (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Gowen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Hedges (Board Member (Thru Sep 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Galen Hollenbaugh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr David Lechner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Meeker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Shevlin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Edward Surbrugg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Len Wheeler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Aasved (Chief Executive Officer)
  • Compensation: $0
  • Related: $354,033
  • Other: $53,996
Maria Valdenegro (Chief Financial Officer)
  • Compensation: $0
  • Related: $194,170
  • Other: $37,366
Keith Meyer (Foundation Director)
  • Compensation: $0
  • Related: $128,823
  • Other: $23,130


Official website here: www.shodair.org/foundation/

Where can I find the form 990 for Montana Children's Foundation?

Montana Children's Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.shodair.org/foundation/

Learn more at the official website: www.shodair.org/foundation/

Mission Statement of Montana Children's Foundation

Montana Children's Foundation is an organization that is dedicated to supporting the Montana Children's Home and Hospital, commonly known as Shodair Children's Hospital. The mission of Montana Children's Foundation is to lend financial aid to this institution, contributing to its capital improvements and operational costs. Specifically, the foundation has provided significant financial support to Shodair Children's Hospital, contributing a total of $966,030 for capital improvements and $8,400,000 to cover the hospital's operational costs, including staff wages and other operational expenses. Furthermore, Montana Children's Foundation has raised additional funds through partnerships with the Children's Miracle Network, amassing $876,946. The foundation's contributions and fundraising efforts aim to enhance the capabilities and services of Shodair Children's Hospital, thereby benefiting the children and families it serves.

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Impact




October, 2024

Montana Children's Foundation has made a significant impact on the health and well-being of children in Montana. By contributing over $9 million to Shodair Children's Hospital, the foundation has played a crucial role in enhancing the hospital's facilities and operational capacity. This financial support has enabled the hospital to improve its infrastructure and ensure the staffing and operational coverage necessary for delivering quality care to children in need.

Additionally, the foundation has successfully raised nearly $877,000 through partnerships with the Children's Miracle Network, further underscoring its commitment to supporting healthcare initiatives for children. Their efforts directly benefit the Montana Children's Home and Hospital, ensuring that vital services remain accessible to families across the state.




This information is meant to be a general summary of Montana Children's Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,707,984 (2022)
Expenses
$10,005,927 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $662,831
  • Gross Receipts: $5,623,554

Assets and Liabilities:

  • Total Assets: $32,536,990
  • Total Liabilities: $10,785,378
  • Net Assets: $21,751,612

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Organization Details

Founding Year

1977

Principal Officer

Craig Aasved

Main Address

POBOX 5539, HELENA, MT, 59604

NTEE Category

Code: E24I - Health

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