Endowed Gifts
An endowed gift is a powerful way to create a legacy at Montana Technological University. By establishing an endowment, you ensure that the values, passions, and priorities you care about continue to shape Montana Tech, supporting students, faculty, and programs not just today, but for generations to come.
Your endowed gift is placed in permanent trust and professionally invested by the Montana Tech Foundation, providing annual support for the purpose you designate while preserving the long-term strength of the fund. Each year, a portion of the endowment is distributed to make an immediate impact, while the remainder is stewarded to sustain its value over time.
Endowments may be established with gifts of $25,000 or more and can be created through a single contribution or built over time. Named endowments offer a meaningful opportunity to honor a loved one, celebrate a career, or reflect your enduring connection to Montana Tech. Through thoughtful stewardship and disciplined investment, your endowed gift becomes a living legacy, helping Montana Tech educate leaders, advance innovation, and meet the challenges of tomorrow.
What can an Endowed Gift Support?
The Montana Tech Foundation manages endowed funds that support the University’s priorities, including student scholarships, faculty positions, research, facilities, and athletics. When you create an endowment, you define its purpose through a Gift Use Agreement, ensuring your gift has the impact you intend permanently.
We invite you to establish a legacy at Montana Tech by creating or contributing to an endowed fund.
Bob Green Endowment
The Class of ’62 came together at their 40th reunion in 2002 and decided as a class to establish an endowed scholarship. Their initial goal was to raise $10,000. They’ve far exceeded that goal. In fact, by their 50th reunion in 2012, the Class of ’62 Endowed Scholarship was over $100,000 and continues to grow through contributions from the classmates and corporate matching gifts. At their recent reunion, the class was able to meet the recipient of their scholarship. The Class of ‘62 encourages other alumni to follow their example by staying connected with each other and the Montana Technological University community, and by helping future generations of students reach their educational goals by establishing similar endowments.
I would like to say thank you to all of those who allowed for me to receive scholarships because without them I would not have attended college and would have entered the workforce once out of high school.
Kodis Campbell Mining Engineering '25
To discuss supporting Montana Tech through an endowed gift, please contact us.
Great Opportunity to Support & Save for Montana Residents
Montana taxpayers who are looking to establish a legacy with a nonprofit charitable organization, such as the Montana Technological University Foundation, have an opportunity to save significant tax dollars with the Montana Endowment tax credit.
When making a planned gift to a Montana charitable permanent endowment, a credit can be taken against Montana state income tax in the amount of 40% of the present value of a planned gift. A 40% tax credit sounds great, but many potential donors don't initially realize the positive impact such a gift makes to the donor’s federal and state income taxes.
For example a Montana couple, who are in the highest federal tax bracket, could make a $50,000 planned gift to an organization, realize savings of $20,000 from the Montana endowment tax credit and receive a federal charitable tax deduction saving them $19,800 of federal income taxes. Essentially, the net cost of the $50,000 planned gift is $10,200. The maximum credit available each year is $10,000 per individual and $20,000 per couple. The amount of the tax credit will depend on the age of the donor, and in the case of an annuity, when the donor wishes to begin receiving annuity payments.
Some donor’s may be apprehensive about making a planned gift vs. an outright cash gift. Their concern may be the perception that a planned gift always require hiring an attorney to set up a planned gift. This is a myth since many nonprofit organizations, such as the Montana Technological University Foundation, have experience working with donors to create planned gifts and can make the process relatively easy and quick.