In December, 2012, the Montana Mental Health Charitable Trust (MMHT) was established to hold, manage and distribute over a period of years the sum of $5,240,000.00 to organizations and individuals that provide services to people with mental illness or who need crisis intervention (the Beneficiaries). Since December 2012, the bulk of this sum has been distributed on an annual basis to qualified Beneficiaries by the Trustees of MMHT, leaving a remainder at present of approximately $100,000.00. From this remainder, all liabilities of the trust, including accounting fees, management fees, Montana State Fund charges, state and federal taxes, and miscellaneous website and related charges must be paid. Any balance remaining in the Trust after all liabilities have been satisfied shall be distributed in accordance with the charitable purposes of the MMHT, as directed by the Trustees, after which the MMHT will secure the consent of the Montana Attorney General to terminate and dissolve the MMHT Charitable Trust as required by law.
Therefore, because the assets of the Trust have been exhausted, you are advised that effective immediately, the MMHT will no longer be inviting or issuing any further grants to Beneficiaries. We thank all Beneficiaries for your work and dedication to the needs of mentally ill persons.