Student Assistance Foundation of Montana

The Student Assistance Foundation of Montana is a nonprofit, 501(c)(3) organization dedicated to providing assistance to Montana students. Established in July 1999, it has been actively involved in enhancing educational opportunities for students in Montana for over two decades.

History and Mission

Founded with a mission to support students from less privileged backgrounds, the Student Assistance Foundation of Montana has been a stalwart in promoting educational accessibility. Its efforts have included developing programs and initiatives that aim to make higher education more affordable and accessible to those in need.

Activities and Impact

Since its inception, the foundation has delivered significant public benefits to Montana students. Notably, it has provided over $32 million in public benefits to students in the state since 2000. This is achieved through partnerships with other organizations, such as the Montana Higher Education Student Assistance Corporation (MHESAC), and through initiatives like Reach Higher Montana.

Operations and Partnerships

The foundation is recognized nationally for its expertise in managing revenue-producing activities, coordinating financial operations, and enhancing awareness of federal student aid programs like the Free Application for Federal Student Aid (FAFSA). Its partnership with MHESAC enables it to effectively manage day-to-day business operations, supporting MHESAC in its mission to provide financial assistance for post-secondary education.

Financial and Grant Activities

While primarily focused on operational management and public benefits, the organization's grant activities have been minimal in recent years, with no grants reported in 2024. However, its historical contributions and ongoing partnerships continue to make significant impacts on educational accessibility in Montana.

[1] https://mhesac.org/corporate-information [2] https://safmt.org/about [3] https://safmt.org [4] https://www.preqin.com/data/profile/investor/student-assistance-foundation-of-montana/3435 [5] https://www.instrumentl.com/990-report/student-assistance-foundation-of-montana