NonprofitsFaribault Foundation Inc

Public Foundations

Faribault Foundation Inc

FARIBAULT, MN

Total revenue

$2.5M

Total expenses

$381K

Net assets

$3.3M

Grants received

$638K

8 grants

EIN

411931735

Tax year

2024

Mission

Improve the quality of life in faribault through the generosity of donors

Financials

FY 2024

Revenue

Contributions & grants$2.4M
Program service revenue$18K
Investment income$70K
Other revenue
Total revenue$2.5M

Expenses

Grants paid$141K
Salaries & benefits$118K
Fundraising$58K
Other expenses$122K
Total expenses$381K
Total assets$3.4M
Net assets$3.3M

People

10 listed

NameRoleCompensation

LAURA BOCK

EXECUTIVE DIRECTOR

Board

$84K

40 hrs/wk

CHRISTINE SHAFFER-BROWN

VICE PRESIDENT

Board

1 hrs/wk

TODD MARKMAN

TREASURER

Board

1 hrs/wk

DR MICHAEL RICHIE

SECRETARY

Board

1 hrs/wk

PATRICIA GUSTAFSON

DIRECTOR

Board

1 hrs/wk

CHAD KOEPKE

PRESIDENT

Board

1 hrs/wk

JEFF JANDRO

DIRECTOR

Board

1 hrs/wk

KEN HUBERT

DIRECTOR

Board

1 hrs/wk

DR SARAH BECKMANN

DIRECTOR

Board

1 hrs/wk

CHAD WOLFF

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$514K
PHILANTHROPY
2024
$5K
GENERAL FUND
2024
$9K
MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES
2023
$100
PHILANTHROPY, VOLUNTARISM AND GRANTMAKING FOUNDATIONS
2023
$88K
PUBLIC, SOCIETAL BENEFIT
2022
$10K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2021
$10K
GENERAL OPERATING SUPPORT
2020

Funded by

$638K from 7 funders · 8 grants · 2020–2024

American Endowment Foundation

$514K · 1 grant · 2024

National Philanthropic Trust

$88K · 1 grant · 2022

Saint Paul & Minnesota Foundation

$19K · 2 grants · 2021–2023

The Minneapolis Foundation

$10K · 1 grant · 2020

Tareen Foundation

$5K · 1 grant · 2024

Edward Jones Foundation

$100 · 1 grant · 2023

Details

EIN411931735
NTEE codeT30
Subsection03
Ruling date1999-11
Formed1999
Employees2
Volunteers20
FARIBAULT FOUNDATION INC — Mission, Financials & Grants Received | Grantivo