NonprofitsMitchell Technical Institute Foundation

Education

Mitchell Technical Institute Foundation

MITCHELL, SD

Total revenue

$1.8M

Total expenses

$1.8M

Net assets

$6.5M

Grants received

$2.6M

19 grants

EIN

460452950

Tax year

2023

Mission

The foundation's mission is to support mitchell technical institute in providing students the skills for success in technical careers. This is done through scholarships for students and acquisitions of updated equipment and tools to ensure updated curriculum in all programs.

Programs

1 program

The foundation awarded 272 scholarships to students enrolled at mitchell technical college

Expenses: $225KGrants: $225K

Financials

FY 2023

Revenue

Contributions & grants$1.5M
Program service revenue
Investment income$247K
Other revenue
Total revenue$1.8M

Expenses

Grants paid$1.8M
Salaries & benefits
Fundraising$17K
Other expenses$52K
Total expenses$1.8M
Total assets$6.5M
Net assets$6.5M

People

10 listed

NameRoleCompensation

TRENT DOWLING

VICE CHAIR

Board

CAGNEY EFFLING

TRUSTEE

Board

NICOLE GERLACH

TRUSTEE

Board

STACY GIBLIN

TRUSTEE

Board

MIKE POGANY

TRUSTEE

Board

DEVON RUSSELL

TRUSTEE

Board

TERRY SABERS

SECRETARY/ T

Board

JAY SPAANS

TRUSTEE

Board

MIKE SPRANG

CHAIR

Board

JARED HOFER

EX-OFFICIO

Board

Grants received

Showing 19 of 19

FromAmountPurposeYear
$155K
Community welfare and betterment
2023
$68K
Donation
2023
$10K
2023/24 UNIVERSITY PARTNER PROGRAM
2023
$7K
STEM CAREER PATHWAYS
2023
$145K
CHS FOUNDATION UNIVERSITY PARTNER COMPETITIVE GRANT APPLICATION
2022
$68K
Sponsorship
2022
$10K
2022/23 UNIVERSITY PARTNER PROGRAM
2022
$7K
STEM CAREER PATHWAYS
2022
$10K
2021/22 UNIVERSITY PARTNER PROGRAM
2021
$7K
EDUCATION GRANT
2021
$92K
Sponsorship
2020
$45K
2021 pledge payment
2020
$7K
2020 EDUCATION GRANT
2020
$95K
2019 ENDOWMENT & SCHOLARSHIPS AND 2020 Pledge
2019
$80K
Sponsorship
2017

Funded by

$2.6M from 5 funders · 19 grants · 2017–2024

South Dakota Community Foundation

$2.0M · 5 grants · 2020–2024

Avera Health

$309K · 4 grants · 2017–2023

Chs Foundation

$175K · 4 grants · 2021–2023

Monument Health Rapid City Hospital Inc

$140K · 2 grants · 2019–2020

Xcel Energy Foundation

$28K · 4 grants · 2020–2023

Details

EIN460452950
NTEE codeB82
Subsection03
Ruling date2000-01
Formed1999
Employees0
Volunteers9
MITCHELL TECHNICAL INSTITUTE FOUNDATION — Mission, Financials & Grants Received | Grantivo