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Montana · Nonprofit

MONTANA HEALTHCARE FOUNDATION

MONTANA HEALTHCARE FOUNDATION (Montana) receives grants from 3 organizations whose IRS filings report $800,000 to it, the largest being CONRAD N HILTON FOUNDATION ($400,000). 1 of them have funded it in more than one year.

Revenue FY2024
$30M
Funders on record
3
Grants received
$800k
Net assets
$281M
1/3 repeat funderspeak grant-dependency 1%
01What it does

What Montana Healthcare Foundation does

Programs

  1. Implementing models of integrated care: see statement 17

    $2,819,530 spent
  2. Leadership & expertise: see statement 17

    $2,521,195 spent
  3. Convening: see statement 17

    $268,701 spent
  4. Policy analysis: see statement 17

    $729,418 spent

The 4 programs described on its FY2024 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($22M) Expenses 100 ($8.0M) Net assets 100 ($162M)2020 Revenue 127 ($28M) Expenses 117 ($9.4M) Net assets 130 ($210M)2021 Revenue 110 ($24M) Expenses 132 ($11M) Net assets 156 ($252M)2022 Revenue 190 ($41M) Expenses 151 ($12M) Net assets 146 ($235M)2023 Revenue 37 ($8.0M) Expenses 146 ($12M) Net assets 152 ($245M)2024 Revenue 138 ($30M) Expenses 128 ($10M) Net assets 174 ($281M)
201820202021202220232024
Revenue (138)Expenses (128)Net assets (174)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $212M to $255M (+20%).

$163M
$212M
$255M
$239M
$250M
$284M
201820202021202220232024
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Aaron Wernham

CEO

Board chair

Paul Cook

Chair

As listed on its FY2024 Form 990-PF.

201820202021202220232024
Listed888887
Joined··+0+0+0+0
No longer listed··0001
03Who funds it

Who funds it, year by year

2018 → 2021: the base held at 1 funder, grant income rose $185k → $300k.

From the IRS filings of MONTANA HEALTHCARE FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MONTANA HEALTHCARE FOUNDATION leans on a few funders — its largest provides 50% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

50%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2021 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

MONTANA HEALTHCARE FOUNDATION draws 88% of its grant income from funders outside Montana, across 3 states in all.

MT
IL
CA

In-state vs out-of-state, by year

’18
’19
’21
Montana out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MONTANA HEALTHCARE FOUNDATION holds deeper cash reserves than three-quarters of the 828 philanthropy nonprofits its size.

Months of reserve27.7mo · top quartile
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 828 philanthropy nonprofits $10M–$100M, FY2024

Organizations like MONTANA HEALTHCARE FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Montana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for MONTANA HEALTHCARE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MONTANA HEALTHCARE FOUNDATION?
MONTANA HEALTHCARE FOUNDATION (Montana) receives grants from 3 organizations whose IRS filings report $800,000 to it, the largest being CONRAD N HILTON FOUNDATION ($400,000). 1 of them have funded it in more than one year.
How many funders does MONTANA HEALTHCARE FOUNDATION have?
IRS filings report 3 organizations giving $800,000 in grants to MONTANA HEALTHCARE FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of MONTANA HEALTHCARE FOUNDATION?
CONRAD N HILTON FOUNDATION is the largest funder on record, with $400,000 in grants. The full list of funders is on this page.
How can an organization like MONTANA HEALTHCARE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Montana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing