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Montgomery Village Foundation Inc

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Nonprofit Overview

Mission: Montgomery village foundation, inc. (the foundation), a non-profit membership corporation, was formed for the preservation, protection, and enhancement of the values and amenities in montgomery village, a planned community. The foundation has been delegated and assigned the powers of owning, maintaining, and administering the common properties and facilities, administering and enforcing the covenants and restrictions, and collecting and disbursing the assessments and charges created by covenants. Membership in the foundation is automatic with the purchase of a dwelling unit in montgomery village.

Programs: Montgomery village foundation fund - provides for the general governance, operation, and maintenance of common properties (parks and lakes), architectural standards, and communications. Assessments are levied on all members of the foundation to support this function.

designated user facilities fund - provides for the operation and maintenance of the community centers, pools, and tennis courts owned by the foundation. Assessments are levied only on members who are designated to use the facilities.

community management fund - provides management services, at cost, to the homes corporations and condominium associations within montgomery village that contract for the service. Revenue is generated from the users of this function.

includes user fee programs and poplar spring.

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