Montana Family Institute Listed as Backup Contingent Donee

The agreement names Montana Family Institute, Inc. as a backup contingent donee to receive the donated executive residence if the State fails the use conditions and Carroll College is no longer tax-exempt. This substitution would allow title to pass to the institute via quitclaim deed without compensation for State-funded improvements.

Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

Executory interest and contingent donee status through December 31, 2056, only if Carroll College is no longer tax-exempt at that time

Renewal date

2056-12-31

Renewal

Montana Family Institute’s role as substitute contingent donee applies only if Carroll College loses tax-exempt status before any breach is enforced and remains effective until December 31, 2056, when conditions expire or are released.

Document type

Minutes

Source document

Board of Land Commissioners Minutes 2026-06-15

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Montana Secretary of State|Board of Land Commissioners?

Montana Family Institute Inc was awarded this government contract by Montana Secretary of State|Board of Land Commissioners, as recorded on June 15, 2026.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Board of Land Commissioners Minutes 2026-06-15 (Minutes), dated June 15, 2026 from Montana Secretary of State|Board of Land Commissioners. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Montana Family Institute Inc hold?

Montana Family Institute Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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