| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 15b | The organization does not compensate any other officers. Therefore, this question was answered no in accordance with the instructions. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | Form 990 is prepared by an independent CPA firm and reviewed in detail by the President/CEO. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | Board members and officers sign annual conflict of interest statements that are reviewed by the Board Chairman. The full Board reviews the statement signed by the Chairman. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The CEO has an annual performance review. The amount of salary is set by board members based on comparable industry levels. The approval process is documented in the minutes. |
| Form 990, Part VI, Line 19 Required documents available to the public | The organization makes its governing documents, conflict of interest policy, and financial statements available for public inspection in accordance with applicable law. |
| Form 990, Part VII, Section A Part IX, Lines 5-10: | Montana Family Foundation (MFF) shares employees with Montana Family Institute (MFI), a related organization. To reflect the sharing of employees, compensation has been shown to reflect the portion paid by MFF and the portion paid MFI as reimbursement to MFF. Accordingly, for each employee the amounts shown in Part VII, Column D and E must be added together to agree to box 5 on the employee's Form W-2. |
| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |