NonprofitsOrono Foundation For Education

Education

Orono Foundation For Education

LONG LAKE, MN

Total revenue

$539K

Total expenses

$675K

Net assets

$2.8M

Grants received

$1.1M

71 grants

EIN

411974305

Tax year

2023

Mission

Empower all students to achieve their highest potential and ensure a tradition of excellence.ofe relies primarily on volunteers, not paid staff, to carry out its mission. By keeping expenses minimal, the goal is to maximize the amount of grants to be paid over to the school district. Ofe's efforts are guided by a memorandum of understanding (mou) between ofe and the orono school district, which was drafted and approved in 2021. The mou identifies the roles and responsibilities of each party as they relate to the ongoing fundraising and philanthropy efforts for the orono school district and community. Ofe raises monies through various formats allowing donors to allocate money to their chosen fund of interest. Money from these funds is then granted to the schools to be used for each fund's intended purpose.

Programs

2 programs

Annual fund grant the foundation provides a general operating grant to the orono school district each year to support a wide variety of k-12 educational expenses. The orono school district then allocates these dollars to key strategic priorities and pressing budgetary needs. This year, the foundation granted the schools $211,000 through its annual fund. In recent years, annual grants have been utilized by the schools to sustain exemplary programs that expand on and enhance student academics and experiences. Examples of these programs are k-8 world languages, k-5 literacy and reading intervention, character counts, and advanced placement classes.

Expenses: $211KGrants: $211K

Drones and robotics grantthe foundation raised money to support a new engineering class offered at orono high school, as well as the growing robotics program in the middle school. These funds provided drone and vex robotics kits for students to develop mechanical, programming and project management skills along with other technical and transferable skills sought in continuing education and the workforce. In addition, foundation funds supported the purchase of a solar suitcase which middle school students will build and send to africa to provide energy to a people in a refugee camp. This year, the foundation granted $40,000 to support the drones and robotics programs.

Expenses: $40KGrants: $40K

Financials

FY 2023

Revenue

Contributions & grants$433K
Program service revenue
Investment income$112K
Other revenue
Total revenue$539K

Expenses

Grants paid$495K
Salaries & benefits$85K
Fundraising$26K
Other expenses$95K
Total expenses$675K
Total assets$3.5M
Net assets$2.8M

People

13 listed

NameRoleCompensation

PAUL SPRINGMEYER

FORMER CHAIR

Board

3 hrs/wk

KATIE HOLLERMAN

BOARD CHAIR

Board

10 hrs/wk

KATIE PARKS

SECRETARY

Board

3 hrs/wk

GAVIN TEMPERO

TREASURER

Board

3 hrs/wk

STEPHANIE BOSTROM

BOARD MEMBER

Board

3 hrs/wk

ALEXA HANSEN

VICE CHAIR

Board

3 hrs/wk

LESLIE LOCKE

BOARD MEMBER

Board

3 hrs/wk

AMY LUNDELL

BOARD MEMBER

Board

3 hrs/wk

MEGHAN MAYER

BOARD MEMBER

Board

3 hrs/wk

AMY MITCHELL

BOARD MEMBER

Board

3 hrs/wk

STEPHANIE SARANTOPOULOS

BOARD MEMBER

Board

3 hrs/wk

LAURA SMITH

BOARD MEMBER

Board

3 hrs/wk

MOLLY WILSON

BOARD MEMBER

Board

3 hrs/wk

Grants received

Showing 71 of 71

FromAmountPurposeYear
$25K
DONOR ADVISED, EDUCATION
2024
$4K
GENERAL OPERATING FUND
2024
$2K
GENERAL SUPPORT
2024
$195K
DONOR-ADVISED, EDUCATION
2023
$63K
GENERAL OPERATING
2023
$8K
For grant recipient's exempt purposes
2023
$2K
GENERAL SUPPORT
2023
$2K
GENERAL OPERATIONS OF THE ORGANIZATION
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$64K
GENERAL OPERATING
2022
$26K
DONOR-RECOMMENDED, EDUCATION
2022
$13K
$10,000 PERSONAL ACADEMIC FUND AND $2,500 BULLYING PROGRAM FUND
2022
$12K
For grant recipient's exempt purposes
2022
$9K
GENERAL SUPPORT
2022
$8K
CHARITABLE GIFT
2022
$2K
GENERAL SUPPORT
2022
$2K
GENERAL OPERATIONS OF THE ORGANIZATION
2022
$200
GENERAL
2022
$23K
DONOR-RECOMMENDED, EDUCATION
2021
$13K
$10,000 PERSONAL ACADEMIC FUND AND $2,500 BULLYING PROGRAM FUND
2021
$2K
PROGRAM SUPPORT
2021
$89K
GENERAL OPERATING
2020
$26K
GENERAL OPERATING SUPPORT
2020
$13K
$10,000 PERSONAL ACADEMIC FUND AND $2,500 BULLYING PROGRAM FUND
2020
$11K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$10K
For grant recipient's exempt purposes
2020
$2K
GENERAL SUPPORT
2020
$2K
PROGRAM SUPPORT
2020
$2K
GENERAL OPERATIONS OF THE ORGANIZATION
2020
$29K
FUND A NEED
2019
$11K
For grant recipient's exempt purposes
2019
$6K
ANNUAL FUND
2019
$5K
General Charitable Operation
2019
$36K
GENERAL OPERATING SUPPORT
2018
$13K
$10,000 PERSONAL ACADEMIC FUND AND $2,500 BULLYING PROGRAM FUND
2018
$8K
For grant recipient's exempt purposes
2018
$2K
EDUCATION
2018
$2K
GENERAL USE OF CHARITY
2018
$1K
GENERAL SUPPORT
2018
$1K
PROGRAM/OPERATING SUPPORT
2018
$300
PROGRAM/OPERATING SUPPORT
2018
$250
PROGRAM/OPERATING SUPPORT
2018
$29K
THE EXCELLENCE FUND FOR TEACHER DEVELOPMENT
2017

Funded by

$1.1M from 23 funders · 71 grants · 2017–2024

The Minneapolis Foundation

$388K · 8 grants · 2017–2024

Longview Foundation

$215K · 3 grants · 2020–2023

American Online Giving Foundation Inc

$164K · 6 grants · 2019–2024

Donor Advised Charitable Giving Inc

$95K · 6 grants · 2017–2023

Wakefield Family Foundation

$50K · 4 grants · 2018–2022

Fidelity Investments Charitable Gift Fund

$50K · 5 grants · 2018–2023

Michael & Brittany Reger Family Fdn

$39K · 3 grants · 2018

National Philanthropic Trust

$30K · 3 grants · 2020–2023

Details

EIN411974305
NTEE codeB12
Subsection03
Ruling date2001-07
Formed2000
Employees1
Volunteers13
ORONO FOUNDATION FOR EDUCATION — Mission, Financials & Grants Received | Grantivo