To receive and accept property exclusively for educational, cultural, charitable, or benevolent purposes for the benefit, health, and improvement of residents of the Central Montana area in such a way that the quality of life in Central Montana shall be enhanced. By working through the Foundation, projects that align with these values provide donors with a tax-deductible avenue for contributions, supporting the vision of enhancing the quality of life within the local communities.
CMF supports various projects in Central Montana through its grant programs, which include general support from the foundation's assets and specific targeted support through rural community endowment committees in 11 areas. These areas each have their own committee and grant program, which are partly supported by an annual gift from CMF's Mildred Bryte Estate. The grant programs aim to enrich the Central Montana community by funding diverse projects that enhance healthcare, essential services, education, civic, cultural, and recreational initiatives. Specific to the Hobson Endowment, grant requests are considered twice a year to support projects within Hobson.
Preference is accorded to initiatives that are set to provide the greatest benefit to the residents of Central Montana.