NonprofitsMankato Area Foundation

Mankato Area Foundation

MANKATO, MN

Total revenue

$7.1M

Total expenses

$5.3M

Net assets

$29.9M

Grants received

$3.6M

77 grants

EIN

410011094

Tax year

2023

Mission

To be a trusted resource that connects donors with causes they care about.

Financials

FY 2023

Revenue

Contributions & grants$6.0M
Program service revenue$41K
Investment income$944K
Other revenue$113K
Total revenue$7.1M

Expenses

Grants paid$4.1M
Salaries & benefits$672K
Fundraising$227K
Other expenses$545K
Total expenses$5.3M
Total assets$34.4M
Net assets$29.9M

People

22 listed

NameRoleCompensation

Nancy Zallek

President & CEO

Board

$113K

40 hrs/wk

Ashley Eimer

VP of Philanthropy

Board

$97K

40 hrs/wk

Samantha Spicer

Finance Director

Board

$74K

40 hrs/wk

Brittany King-Asamoa

Secretary

Board

1 hrs/wk

Melissa Bradley

Director

Board

1 hrs/wk

Jennifer Pfeffer

Director

Board

1 hrs/wk

Sarah Richards

Director

Board

1 hrs/wk

Erin Kragh

Director

Board

1 hrs/wk

Bob Beadell

Director

Board

1 hrs/wk

Tim Huebsch

Director

Board

1 hrs/wk

Michael Robinson

Director

Board

1 hrs/wk

Leah Davis

Chair

Board

2 hrs/wk

Art Westphal

Director

Board

1 hrs/wk

Michelle Schooff

Director

Board

1 hrs/wk

Amanda Heilman

Director

Board

1 hrs/wk

Stephanie Stoffell

Director

Board

1 hrs/wk

Belen Fernandez

Director

Board

1 hrs/wk

Todd Prafke

Director

Board

1 hrs/wk

Heidi Boyum

Director

Board

1 hrs/wk

Marcia Bahr

Director

Board

1 hrs/wk

Christina Bohlke

Vice-Chair

Board

1 hrs/wk

Seth Ferkenstad

Treasurer

Board

1 hrs/wk

Independent contractors

CHW Solutions LLC

Services to Grantee

$113K

Grants received

Showing 77 of 77

FromAmountPurposeYear
$425K
General Operations
2024
$110K
GRANT IS FOR RECIPIENTS GENERAL FUND
2024
$50K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2024
$30K
Elks Charitable Endowed Fund
2024
$27K
SUPPORT CHARITABLE PROGRAMS
2024
$150K
For grant recipient's exempt purposes
2023
$124K
Martin County CHW Project
2023
$110K
GRANT IS FOR RECIPIENTS GENERAL FUND
2023
$80K
GENERAL OPERATIONS
2023
$42K
PUBLIC, SOCIETAL BENEFIT
2023
$25K
OPERATING ($20,000); RECHARGE FUND ($5,000)
2023
$25K
OPERATIONS
2023
$20K
SUPPORT CHARITABLE PROGRAMS
2023
$6K
Fund Scholarship under the Johnathon Zeirt Cancer fund
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$740
Unrestricted General Fund
2023
$222K
Martin County CHW Project
2022
$200K
PUBLIC, SOCIETAL BENEFIT
2022
$110K
GRANT IS FOR RECIPIENTS GENERAL FUND
2022
$78K
GENERAL OPERATIONS
2022
$72K
Prosper Child Care Project
2022
$50K
SHARED SPACES FOR THE ARTS
2022
$40K
SUPPORT CHARITABLE PROGRAMS
2022
$22K
OPERATING ($17,000); LEVEL 2 CHARGER ($5,000)
2022
$20K
Jonathan Zierdt Cancer Fund
2022
$20K
One Time, Single Purpose Gift - Attrition Support
2022
$10K
GENERAL SUPPORT
2022
$6K
Fund Scholarship under the Johnathon Zeirt Cancer fund
2022
$1K
FUNDING FOR GENERAL OPERATING SUPPORT
2022
$1K
Unrestricted General Fund & Hockey Day
2022
$319K
PUBLIC, SOCIETAL BENEFIT
2021
$204K
DONATED ETRADE SHARES
2021
$27K
OPERATING
2021
$9K
Unrestricted General Fund & Hockey Day
2021
$8K
For grant recipient's exempt purposes
2021
$8K
For grant recipient's exempt purposes
2021
$7K
General Support
2021
$500
OPERATIONAL SUPPORT
2021
$100K
GRANT IS FOR RECIPIENTS LOWELL AND NADINE ANDREAS FUND
2020
$77K
GENERAL OPERATIONS
2020
$50K
GRANT IS FOR RECIPIENTS SHARED SPACES CAPITAL CAMPAIGN
2020
$50K
MULTIPLE PURPOSES
2020
$35K
EXPANSION OF SHARED SPACES - A CENTE
2020
$25K
OPERATING ($15,000); COMMUNITY COVID RELIEF ($10,000)
2020
$25K
EMERGENCY RELIEF
2020
$25K
GRANT IS FOR RECIPIENTS CHRISTOPER CENTER FUND
2020
$21K
SUPPORT CHARITABLE PROGRAMS
2020
$20K
General & Unrestricted
2020
$20K
Elk's Endowment Fund
2020
$15K
Separate fund for committee to community COVID-19 response and support
2020
$10K
Community Youth Fund
2020
$10K
GRANT IS FOR RECIPIENTS VISION VESTOR FUND
2020
$7K
General Support
2020
$7K
PUBLIC, SOCIETAL BENEFIT
2020
$6K
Separate fund for Committed to Community Cancer Awareness and Support
2020
$5K
UNRESTRICTED GENERAL SUPPORT
2020
$5K
PROJECT SUPPORT FOR SPONSORSHIP FEE OF THE 2020 RURAL MN EQUITY SUMMIT IN RURAL MINNESOTA
2020
$2K
Unrestricted General Fund & City Art
2020
$1K
FUNDING FOR GRANTS TO NONPROFITS THAT BENEFIT THE COMMUNITY
2020
$500
OPERATIONAL SUPPORT
2020
$104K
PUBLIC, SOCIETAL BENEFIT
2019
$55K
FOR GENERAL OPERATIONS TO BUILD ORGANIZATIONAL CAPACITY AND SUSTAINABILITY FOR LONG-TERM COMMUNITY IMPACT IN THE MANKATO AREA.
2019
$50K
GRANT IS FOR RECIPIENTS SHARED SPACES CAPITAL CAMPAIGN
2019
$20K
GRANT IS FOR RECIPIENTS MY PLACE
2019
$10K
GRANT IS FOR RECIPIENTS VISION VESTOR FUND
2019
$10K
UNRESTRICTED GENERAL SUPPORT
2019
$129K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2018
$7K
Separate fund for Committed to Community Cancer Awareness and Support
2018
$1K
Unrestricted General Fund & City Art
2018
$8K
GRANT IS FOR RECIPIENTS VISION VESTORS FUND
2017

Funded by

$3.6M from 26 funders · 77 grants · 2017–2024

L & N Andreas Foundation

$603K · 11 grants · 2017–2024

Donor Advised Charitable Giving Inc

$471K · 4 grants · 2019–2023

Juanita E Schmeeckle Charitable Trust

$439K · 4 grants · 2022–2023

Taylor Family Farms Foundation Inc

$425K · 1 grant · 2024

Otto Bremer Trust

$315K · 5 grants · 2019–2023

Creative Foundation

$204K · 1 grant · 2021

National Philanthropic Trust

$200K · 1 grant · 2022

Fidelity Investments Charitable Gift Fund

$166K · 3 grants · 2021–2023

Details

EIN410011094
Subsection03
Ruling date1975-09
Formed1974
Employees7
Volunteers30
MANKATO AREA FOUNDATION — Mission, Financials & Grants Received | Grantivo