Maryland · Nonprofit
MONTGOMERY COLLEGE FOUNDATION
MONTGOMERY COLLEGE FOUNDATION (Maryland) receives grants from 91 organizations whose IRS filings report $11,776,523 to it, the largest being DAVID & SUZANNE HILLMAN FAMILY FOUNDATION ($1,765,187). 52 of them have funded it in more than one year.
- Revenue FY2025
- $9.8M
- Funders on record
- 91
- Grants received
- $12M
- Net assets
- $55M
What Montgomery College Foundation does
Mission
Montgomery College Foundation provides critical financial and non-financial resources in advancing the montgomery college mission to transform student lives and enrich the diverse communities it serves.
As stated on its FY2025 Form 990.
Programs
Scholarships:this year the Montgomery College Foundation was able to distribute over $3.3 million in scholarship aid to more than 2,300 students. This would not have been possible without the generosity and vision of our donors, who recognize that education is the key to lifting individuals and families out of poverty, which is the greatest barrier to a college degree. Through the generosity of our donors, the foundation has supported numerous programs including our community-changing achieving collegiate excellence and success (aces) program, which is designed to reach the most vulnerable students in our community. This forward-thinking program provides coaching support to students who have both the desire and the capacity to pursue a college degree while they are still in area high schools in order to prepare them to attend montgomery college and, ultimately, to receive their bachelor's degree. The Montgomery College Foundation also provided scholarships to students participating in nursing and healthcare programs including those in pursuit of nursing associates of science degrees. The nursing & healthcare programs provide a dynamic learning experience applied to meeting the…
$3,350,968 spentof which $3,350,968 as grants51% of program spendingFacilities expansion support:the purpose of the foundation is to raise funds for the benefit of and to otherwise support montgomery college. In addition, the foundation borrows funds on behalf of the college to purchase real estate for the use of the college or otherwise in furtherance of the college's mission. The foundation has provided assistance to the college through a series of municipal bond offerings. Through these projects, the college has been able to build two parking garages, purchase two buildings for offices and classrooms, and remodel a building to create an art center.
$1,795,761 spent$2,038,828 earned by the program27% of program spendingStudent and faculty support:this year the Montgomery College Foundation was able to distribute over $1,400,000 in grants supporting a variety of academic programs that reflect the talents and interests of montgomery college's student body including, but not limited to, our global humanities institute (ghi), our southern management leadership program and our macklin business institute (mbi). Ghi was created to ensure our curricula are developed with a global perspective in order to prepare our students for the needs of today's employers. This program was launched after we secured a prestigious challenge grant from the national endowment for the humanities, which led to the college embarking on a $1 million fundraising campaign. The southern management leadership program is a scholarship initiative designed to educate our students who have an interest in entrepreneurship and an enthusiasm for starting a business venture or leading a company. The goal of this innovative program is to support, develop, and graduate ethical leaders who want to energize and give back to their local communities. Additionally, our macklin business institute provides its business students with an…
$1,430,777 spentof which $1,430,777 as grants22% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,577,506.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $122M to $114M (−6%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2018 1% · 2019 0% · 2020 0% · 2021 4% · 2022 5% · 2023 5% · 2024 2% · 2025 5%. Grants only. Government contracts and fees sit inside program revenue.
55% of MONTGOMERY COLLEGE FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
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.
Board chair
Mary Pat Alcus
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2018 and FY2019 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 20 funders to 35 funders, grant income rose $738k → $1.9M.
16 of 91 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 35% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MONTGOMERY COLLEGE FOUNDATION’s funders (the co-funder graph). Top 30 of 91 funders by total. 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
MONTGOMERY COLLEGE FOUNDATION has a broad base — no single funder exceeds 15% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
43% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MONTGOMERY COLLEGE FOUNDATION.
Largest funder’s share by year: 2017 34% · 2018 41% · 2019 62% · 2020 33% · 2021 21% · 2022 14% · 2023 27% — diversifying over time.
“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.
How long its funders stay
37% of MONTGOMERY COLLEGE FOUNDATION's funders are still giving 3 years after their first grant; 57% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
MONTGOMERY COLLEGE FOUNDATION draws 54% of its grant income from funders outside Maryland, across 16 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $4.2M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
MONTGOMERY COLLEGE FOUNDATION runs a healthier operating margin than three-quarters of the 9,615 education nonprofits its size.
this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025
Organizations like MONTGOMERY COLLEGE 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 Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
Public support
85%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 11 states
Part of a family of 1 related entity
- Montgomery College · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MONTGOMERY COLLEGE 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.
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 MONTGOMERY COLLEGE FOUNDATION?
- MONTGOMERY COLLEGE FOUNDATION (Maryland) receives grants from 91 organizations whose IRS filings report $11,776,523 to it, the largest being DAVID & SUZANNE HILLMAN FAMILY FOUNDATION ($1,765,187). 52 of them have funded it in more than one year.
- How many funders does MONTGOMERY COLLEGE FOUNDATION have?
- IRS filings report 91 organizations giving $11,776,523 in grants to MONTGOMERY COLLEGE FOUNDATION, 52 of which have funded it in more than one year.
- Who is the largest funder of MONTGOMERY COLLEGE FOUNDATION?
- DAVID & SUZANNE HILLMAN FAMILY FOUNDATION is the largest funder on record, with $1,765,187 in grants. The full list of funders is on this page.
- How can an organization like MONTGOMERY COLLEGE FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. 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 FY2025 (financials across 2017–2025), and the filings of 91 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 22, 2026. What this page cannot tell you · view filing