NonprofitsMonroe Foundation Inc

Monroe Foundation Inc

FAIRBANKS, AK

Total revenue

$1.4M

Total expenses

$701K

Net assets

$3.2M

Grants received

$351K

12 grants

EIN

930747034

Tax year

2023

Mission

To support and advance the goals and programs of the catholic schools of fairbanks

Programs

2 programs

Scholarship distributions to universities

Expenses: $9KGrants: $9K

Scholarships/tuition assistance to attend catholic schools of fairbanks

Expenses: $32KGrants: $32K

Financials

FY 2023

Revenue

Contributions & grants$1.2M
Program service revenue
Investment income$43K
Other revenue$130K
Total revenue$1.4M

Expenses

Grants paid$616K
Salaries & benefits
Fundraising$45K
Other expenses$85K
Total expenses$701K
Total assets$3.3M
Net assets$3.2M

People

16 listed

NameRoleCompensation

JOHN KELLY

MEMBER

Board

1 hrs/wk

ALICIA BAST MENARD

MEMBER

Board

1 hrs/wk

JENNIFER GAVORA BUTTON

MEMBER

Board

1 hrs/wk

JIM BUNDSCHUH

MEMBER

Board

1 hrs/wk

FR SIMON JINGBE

MEMBER

Board

1 hrs/wk

AARON SMITH

BOARD CHAIR

Board

2 hrs/wk

KATHLEEN THOMPSON

MEMBER

Board

2 hrs/wk

SCOTT ALLISON

VICE CHAIR

Board

2 hrs/wk

YURI MORGAN

TREASURER

Board

2 hrs/wk

JACOLINE BERGSTROM

MEMBER

Board

1 hrs/wk

KRISTINE FLOYD

MEMBER

Board

1 hrs/wk

BRANDY OSTANIK-THORTON

SECRETARY

Board

2 hrs/wk

CELINE SIDDALL

MEMBER

Board

1 hrs/wk

SARAH TURIEL

MEMBER

Board

1 hrs/wk

FAITH WALSH

MEMBER

Board

1 hrs/wk

FRANK OSTANIK

PRESIDENT

Board

20 hrs/wk

Grants received

Showing 12 of 12

FromAmountPurposeYear
$22K
EMERGENCY TUITION FUND
2024
$68K
PUBLIC, SOCIETAL BENEFIT
2023
$22K
EMERGENCY TUITION FUND
2023
$13K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$22K
RECIPIENT AUTHORIZED EXEMPT PURPOSES
2022
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$6K
For recipient's exempt purpose
2021
$120K
Operational Support
2020
$20K
RECIPIENT AUTHORIZED EXEMPT PURPOSES
2020
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$2K
MATCHING GIFTS GRANT
2020
$40K
For grant recipient's exempt purposes
2019

Funded by

$351K from 6 funders · 12 grants · 2019–2024

The Alaska Community Foundation

$120K · 1 grant · 2020

Bill Stroecker Foundation

$86K · 4 grants · 2020–2024

Vanguard Charitable Endowment Program

$35K · 4 grants · 2020–2023

Edwards Lifesciences Foundation

$2K · 1 grant · 2020

Details

EIN930747034
Subsection03
Ruling date1983-11
Formed1976
Employees0
Volunteers120
MONROE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo