NonprofitsLuverne Area Community Foundation

Community Foundations

Luverne Area Community Foundation

LUVERNE, MN

Total revenue

$2.9M

Total expenses

$2.3M

Net assets

$7.5M

Grants received

$2.5M

18 grants

EIN

411512905

Tax year

2024

Mission

Luverne area community foundation is a publicly supported community foundation that attracts, manages, and distributes charitable contributions and grants to its primary service area, rock county, minnesota, which has a population of approximately 10,000.

Financials

FY 2024

Revenue

Contributions & grants$2.2M
Program service revenue
Investment income$558K
Other revenue$103K
Total revenue$2.9M

Expenses

Grants paid$1.8M
Salaries & benefits$87K
Fundraising$148K
Other expenses$409K
Total expenses$2.3M
Total assets$8.0M
Net assets$7.5M

People

12 listed

NameRoleCompensation

KEITH ELBERS

VICE PRESIDE

Board

1 hrs/wk

MELISSA FICK

DIRECTOR

Board

1 hrs/wk

TRACY HANSEN

DIRECTOR

Board

1 hrs/wk

RON HONKEN

TREASURER

Board

1 hrs/wk

TAMMY JOHNSON

SECTY

Board

1 hrs/wk

JIM JUHL

DIRECTOR

Board

1 hrs/wk

KNUTE OLDRE

DIRECTOR

Board

1 hrs/wk

GARY OVERGAARD

DIRECTOR

Board

1 hrs/wk

SHARLA REISCH

PRESIDENT

Board

1 hrs/wk

WAYNE ROBINSON

DIRECTOR

Board

1 hrs/wk

JOSH TEUNE

DIRECTOR

Board

1 hrs/wk

KEVIN THELEN

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 18 of 18

FromAmountPurposeYear
$22K
YOUTH ACTIVITIES
2024
$10K
ECONOMIC DEVELOPMENT
2024
$8K
ECONOMIC DEVELOPMENT
2023
$8K
YOUTH ACTIVITIES
2023
$1K
MEMBER CO-OP MATCHES
2023
$10K
GENERAL SUPPORT
2022
$10K
CHARITABLE ACTIVITIES
2022
$10K
YOUTH ACTIVITIES
2022
$6K
COMMUNITY HEALTH IMPROVEMENT
2022
$1K
Child's Remembrance Garden
2022
$400
VOLUNTEER GRANT
2021
$20K
MULTIPLE PURPOSES
2020
$8K
GENERAL OPERATIONAL SUPPORT
2020
$2K
CHARITABLE ACTIVITIES
2020
$25K
CREATING ENTREPRENEURSHIP OPPORTUNITIES
2017

Funded by

$2.5M from 12 funders · 18 grants · 2017–2024

National Philanthropic Trust

$2.3M · 1 grant · 2023

Optimist International Luverne

$39K · 3 grants · 2022–2024

Southwest Initiative Foundation

$25K · 1 grant · 2017

Sanford Group Return

$23K · 3 grants · 2022–2024

Saint Paul & Minnesota Foundation

$20K · 1 grant · 2020

The William D And Joyce E Sexton

$12K · 2 grants · 2020–2022

The Blackbaud Giving Fund

$10K · 1 grant · 2022

Community Foundation

$8K · 1 grant · 2020

Details

EIN411512905
NTEE codeT31
Subsection03
Ruling date1992-11
Formed1992
Employees2
LUVERNE AREA COMMUNITY FOUNDATION — Mission, Financials & Grants Received | Grantivo