Last week we learned all about the Montana Community Foundation from its impressive Executive Director, Mary Rutherford. With a master’s degree in Philanthropic Studies from Indiana University and a bachelor’s degree in Business Management from Lewis-Clark State College in Idaho, Mary is well-qualified to head up this large philanthropic organization dedicated to building stronger communities across Montana. (Plus, as a certified scuba diver, she can definitely handle the deep end of any pool!)
The Montana Community Foundation began its work in 1988. Today it manages more than $141 million in assets and administers more than 1,300 philanthropic funds and planned gifts. As of December 2020, nearly $43 million of that amount was tied to nonprofit organizations, with another $36.5 million in donor-advised funds and $22.3 million in local community foundation affiliates.
Community foundations bring together people and organizations wanting to make a positive impact in the world. They are tax-exempt public charities that guide philanthropy and are dedicated to improving the quality of life in the areas they serve. Individuals, families, businesses and organizations work with community foundations to create permanent charitable funds that help meet the challenges of changing times. The foundation invests and administers these funds.
MCF provides donor services, endowment building, community development and leadership, and philanthropic advocacy. Since 1988, MCF has reinvested more than $90 million in Montana through scholarships, grants, and programs.
After her presentation, Mary fielded questions with aplomb and expertise. A long-time Helena Rotarian, Mary’s philanthropic leadership was recognized in 2019 by Helena’s YWCA with its Salute to Women Award. We can see why!