NonprofitsMinnesota State University Mankato Foundation Incorporated

Education

Minnesota State University Mankato Foundation Incorporated

MANKATO, MN

Total revenue

$30.3M

Total expenses

$9.1M

Net assets

$125.4M

Grants received

$6.4M

167 grants

EIN

416033423

Tax year

2024

Mission

To enhance minnesota state university, mankato's ability to achieve its mission.

Programs

2 programs

A core value of our organization is making a high-quality education affordable and accessible for all. Donor generosity directly funds scholarships, grants, and other awards that reduce financial barriers for students. Our commitment to affordability means more students can pursue their dreams, graduate with less debt, and access the life-changing opportunities that our minnesota state university, mankato education provides. Every gift helps open doors for talented students from all backgrounds, ensuring that cost is never a barrier to excellence.

Expenses: $2.9MGrants: $2.9M

Our organization invested funds to make possible the transformational experiences that define a minnesota state university, mankato education. This support spans a diverse array of programs and initiatives including $570,813 to bolster university athletic programs which is fueling student-athlete success; $150,000 to strengthen the center for rural behavioral health by expanding vital services; $105,331 to provide equipment and facilities for athletics, improving training and competition environments; $74,240 fueled the maverick innovation gateway, fostering entrepreneurship and innovation; $68,000 powered the maverick rec n read program, promoting literacy and wellness; $59,406 sustained university auxiliary programs, ensuring operational excellence; $41,543 supported theatre and dance programs, bringing creative expression to campus; $11,698 to enhance facilities for academic programs, creating spaces for learning and discovery; and $8,800 to advance the university's music programs, nurturing artistic talent.from immersive learning in the classroom to leadership roles, community engagement, and global study opportunities, philanthropic support turns potential into achievement. Each grant reflects the organization's dedication to cultivating opportunity, excellence, and community impact across minnesota state university, mankato.

Expenses: $1.1MGrants: $1.1M

Financials

FY 2024

Revenue

Contributions & grants$22.5M
Program service revenue
Investment income$7.7M
Other revenue$135K
Total revenue$30.3M

Expenses

Grants paid$4.0M
Salaries & benefits$1.0M
Fundraising$1.0M
Other expenses$4.1M
Total expenses$9.1M
Total assets$127.7M
Net assets$125.4M

People

31 listed

NameRoleCompensation

AMY M COONEY

EXECUTIVE DIRECTOR AS OF 03/25

Board

$146K

40 hrs/wk

RICHARD ORTEGA

INTERIM EXEC. DIRECTOR THRU 03/25

Board

$96K

20 hrs/wk

JAY ADAMS

DIRECTOR

Board

0.3 hrs/wk

BRETT ANDERSON

DIRECTOR

Board

0.3 hrs/wk

MONA ASKALANI

DIRECTOR

Board

0.3 hrs/wk

ALLAN BOHLKE

DIRECTOR

Board

0.4 hrs/wk

MELISSA BRADLEY

DIRECTOR

Board

0.3 hrs/wk

CRAIG GOMEZ

DIRECTOR THRU 05/25

Board

0.3 hrs/wk

RACHEL HASSAS

DIRECTOR

Board

0.3 hrs/wk

BARBARA HUBBARD

DIRECTOR

Board

0.4 hrs/wk

TIMOTHY HUEBSCH

DIRECTOR

Board

0.3 hrs/wk

LISA HYLAND

DIRECTOR THRU 05/25

Board

0.3 hrs/wk

ERIC JOHNSON

DIRECTOR

Board

0.3 hrs/wk

ANGELA JUSTICE

DIRECTOR

Board

0.3 hrs/wk

KIRSTEN VOSS

BOARD VICE-CHAIR

Board

0.6 hrs/wk

BARB KAUS

DIRECTOR THRU 05/25

Board

0.3 hrs/wk

TODD KELZENBERG

DIRECTOR

Board

0.3 hrs/wk

CHRISTINE LANTINEN

DIRECTOR

Board

0.3 hrs/wk

SUSAN MICHALETZ

DIRECTOR

Board

0.5 hrs/wk

DANIEL MUNDAHL

DIRECTOR

Board

0.3 hrs/wk

KAREN OBERLE

DIRECTOR

Board

0.3 hrs/wk

MICHELLE SCHOOFF

DIRECTOR

Board

0.3 hrs/wk

JENNIFER SPAUDE

DIRECTOR

Board

0.4 hrs/wk

CHAD TISCHER

DIRECTOR

Board

0.4 hrs/wk

BILL WILTGEN

DIRECTOR

Board

0.4 hrs/wk

JOHN ZAK

DIRECTOR

Board

0.3 hrs/wk

JIM LUND

BOARD CHAIR

Board

2 hrs/wk

KAMAL KARAM

DIRECTOR

Board

0.3 hrs/wk

RODNEY BROWN

SECRETARY

Board

0.6 hrs/wk

TODD LOOSBROCK

TREASURER

Board

0.6 hrs/wk

HAROLD K STANLEY

FORMER OFFICER THRU 05/24

Staff

$169K

30 hrs/wk

Grants received

Showing 167 of 167

FromAmountPurposeYear
$200K
WORKFORCE DEVELOPMENT
2024
$188K
GENERAL
2024
$46K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2024
$39K
GRANT IS FOR RECIPIENTS GENERAL FUND
2024
$36K
GENERAL OPERATING
2024
$23K
EDUCATIONAL
2024
$10K
Program Support
2024
$6K
DONOR ADVISED, EDUCATION
2024
$5K
Athletics operations and compliance
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$201K
GENERAL
2023
$200K
WORKFORCE DEVELOPMENT
2023
$103K
Program assistance
2023
$84K
For grant recipient's exempt purposes
2023
$43K
MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES
2023
$40K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$34K
GRANT IS FOR RECIPIENTS GENERAL FUND
2023
$31K
GENERAL OPERATING
2023
$30K
UNRESTRICTED GENERAL SUPPORT
2023
$24K
MATCHING GIFTS
2023
$21K
SCIENTIFIC RESEARCH ON DATA FROM HUBBLE SPACE TELESCOPE
2023
$20K
THE MSU MAVERICK FOOD PANTRY
2023
$17K
CHARITABLE DONATION
2023
$17K
SCHOLARSHIPS
2023
$15K
UNRESTRICTED GENERAL SUPPORT
2023
$13K
Program assistance
2023
$12K
STUDENT SCHOLARSHIPS ($5,000); AUTOMOTIVE TECHNOLOGY ($5,000); THEATRE ($2,000)
2023
$10K
GENERAL SUPPORT
2023
$10K
GENERAL SUPPORT
2023
$8K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$2K
DONATION
2023
$2K
HBF INVEST-MATCHING DONATION
2023
$950
MATCH A PREVIOUS DONATION (HIGHER ED)
2023
$850
GIFT MATCHING
2023
$604
GENERAL EXEMPT PURPOSE
2023
$125
Matching Gifts
2023
$103
OTHER CIVIC / COMMUNITY
2023
$200K
SCHOLARSHIP ENDOWMENT
2022
$95K
Program assistance
2022
$93K
For grant recipient's exempt purposes
2022
$50K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$43K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2022
$34K
GRANT IS FOR RECIPIENTS GENERAL FUND
2022
$33K
SCIENTIFIC RESEARCH ON DATA FROM HUBBLE SPACE TELESCOPE
2022
$31K
GENERAL OPERATING
2022
$27K
GENERAL SUPPORT
2022
$25K
CHARITABLE DONATION
2022
$22K
STUDENT SCHOLARSHIPS ($5,000); AUTOMOTIVE TECHNOLOGY ($15,000); THEATRE ($2,000)
2022
$14K
MATCHING GIFTS
2022
$13K
OPERATIONS
2022
$10K
GENERAL SUPPORT
2022
$10K
THE MSU MAVERICK FOOD PANTRY
2022
$10K
THE MSU MAVERICK FOOD PANTRY
2022
$10K
UNRESTRICTED GENERAL SUPPORT
2022
$7K
DONATION
2022
$5K
TO PROVIDE ASSISTANCE TO FURTHER PROGRAM MISSION
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$3K
GENERAL EXEMPT PURPOSE
2022
$1K
HBF INVEST-MATCHING DONATION
2022
$1K
HBF INVEST-MATCHING DONATION
2022
$850
MATCHING FUNDS
2022
$500
DONATION
2022
$416
EMPLOYEE MATCHING
2022
$125
Matching Gifts
2022
$100
GIFT MATCHING
2022
$100
MIP PAYOUT FOR 02/07/2022
2022
$50
GENERAL SUPPORT
2022
$98K
Program assistance.
2021
$56K
GENERAL OPERATING
2021
$52K
For grant recipient's exempt purposes
2021
$52K
For grant recipient's exempt purposes
2021
$46K
For recipient's exempt purpose
2021
$43K
MATCHING GIFTS
2021
$42K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2021
$23K
STUDENT SCHOLARSHIPS ($5,000); AUTOMOTIVE TECHNOLOGY ($15,000); THEATRE ($3,000)
2021
$17K
SCIENTIFIC RESEARCH ON DATA FROM HUBBLE SPACE TELESCOPE
2021
$11K
CHARITABLE DONATION
2021
$10K
COMMUNITY FUND PROJECT TO EXPAND PROGRAM RESOURCES
2021
$6K
MATCHING EMPLOYEE DONATION / EDUCATION GRANT
2021
$2K
SCHOLARSHIP FUND
2021
$1K
HBF INVEST - MATCHING DONATION
2021
$1K
HBF INVEST - MATCHING DONATION
2021
$500
STUDENT SCHOLARSHIPS
2021
$250
MATCHING GIFTS TO EDUCATION
2021
$340K
Ortho Sports Med Contract
2020
$105K
Program assistance.
2020
$67K
For grant recipient's exempt purposes
2020
$65K
GRANT IS FOR RECIPIENTS GENERAL FUND
2020
$50K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$42K
MULTIPLE PURPOSES
2020
$37K
MATCHING GIFTS
2020
$25K
TRACK & FIELD EQUIP.
2020
$12K
STUDENT SCHOLARSHIPS ($5,000); MAV CARES FUND ($5,000); THEATRE ($2,000)
2020
$6K
KRISTI ELAINE TEIGEN SCHOLARSHIP AWARD, CANBY HIGH SCHOOL SCHOLARSHIP AWARD
2020
$6K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
$5K
CHARITABLE DONATION
2020
$5K
SCIENTIFIC RESEARCH ON DATA FROM HUBBLE SPACE TELESCOPE
2020
$5K
2020 EDUCATION GRANT/MATCHING EMPLOYEE DONATION
2020
$5K
EDUCATION
2020
$1K
HBF INVEST Q2 - MATCHING
2020
$1K
HBF INVEST Q2 - MATCHING
2020
$550
MATCHING EMPLOYEE DONATION
2020
$500
DONATION
2020
$500
DOLLARS FOR DOERS
2020
$500
STUDENT SCHOLARSHIPS
2020
$125
Matching Gifts
2020
$100
EMPLOYEE MATCHING GRANT
2020
$64K
For grant recipient's exempt purposes
2019
$57K
Program assistance
2019
$37K
MULTIPLE GRANTS
2019
$35K
GRANT IS FOR RECIPIENTS ANTHROPOLOGY ARTIFACTS DATABASE FUND
2019
$22K
MATCHING GIFTS
2019
$15K
Scholarships
2019
$11K
Education
2019
$10K
SINGLE ORGANIZATION SUPPORT
2019
$8K
MULTIPLE GRANTS
2019
$8K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2019
$7K
SCIENTIFIC RESEARCH ON DATA FROM HUBBLE SPACE TELESCOPE
2019
$6K
TAMIA BROOKS COLLEGE POSSIBLE SCHOLARSHIP
2019
$5K
GRANT IS FOR RECIPIENTS COLLEGE OF BUSINESS FUND
2019
$5K
GRANT IS FOR RECIPIENTS KMSU FUND
2019
$5K
GRANT IS FOR RECIPIENTS UNIVERSITY ADVANCEMENT FUND
2019
$5K
GRANT IS FOR RECIPIENTS AM INDIGENOUS STUDIES FUND
2019
$5K
GRANT IS FOR RECIPIENTS PRESIDENTIAL SCHOLARSHIP FUND
2019
$5K
GRANT IS FOR RECIPIENTS COLLEGE/SOCIAL & BEHAVIORAL FUND
2019
$1K
HBF INVEST - MATCHING
2019
$500
DONATION
2019
$39K
For grant recipient's exempt purposes
2018
$37K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2018
$250K
GENERAL SUPPORT
2017
$53K
Scholarship and Programming
2017
$35K
GRANT IS FOR RECIPIENTS ANDREAS ANTHROPOLOGY ENDOWMENT FUND
2017
$29K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$16K
MATCHING GIFTS
2017
$15K
GRANT IS FOR RECIPIENTS ANDREAS ANTHROPOLOGY ENDOWMENT FUND
2017
$15K
GRANT IS FOR RECIPIENTS ANTHROPOLOGY ARIFACTS DATA FUND
2017
$10K
GRANT IS FOR RECIPIENTS LLOYD STEINER FAMILY FUND
2017
$6K
PUBLIC, SOCIETAL BENEFIT
2017
$5K
GRANT IS FOR RECIPIENTS PRESIDENTIAL SCHOLARSHIP FUND
2017
$5K
GRANT IS FOR RECIPIENTS COLLEGE/SOCIAL & BEHAVIORAL FUND
2017
$5K
GRANT IS FOR RECIPIENTS AM INDIGUENOUS STUDIES FUND
2017
$5K
GRANT IS FOR RECIPIENTS UNIV ACHIEVEMENT FUND
2017
$5K
GRANT IS FOR RECIPIENTS KNSU FUND
2017
$5K
GRANT IS FOR RECIPIENTS COLLEGE OF BUSINESS FUND
2017

Funded by

$6.4M from 53 funders · 167 grants · 2017–2024

Sanford Group Return

$1.2M · 5 grants · 2017–2024

Donor Advised Charitable Giving Inc

$1.1M · 6 grants · 2018–2023

American Online Giving Foundation Inc

$797K · 6 grants · 2019–2024

Mankato Area Foundation

$538K · 8 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$479K · 8 grants · 2017–2023

The Klick Foundation

$389K · 2 grants · 2023–2024

L & N Andreas Foundation

$342K · 21 grants · 2017–2024

Saint Paul & Minnesota Foundation

$291K · 7 grants · 2018–2024

Details

EIN416033423
NTEE codeB110
Subsection03
Ruling date1959-10
Formed1959
Employees0
Volunteers36
MINNESOTA STATE UNIVERSITY MANKATO FOUNDATION INCORPORATED — Mission, Financials & Grants Received | Grantivo