NonprofitsOwatonna Foundation Inc

Education

Owatonna Foundation Inc

OWATONNA, MN

Total revenue

$917K

Total expenses

$559K

Net assets

$11.0M

Grants received

$106K

13 grants

EIN

416038547

Tax year

2024

Mission

To provide money grants to non-profit agencies located in steele county to acquire property & equipment and to provide scholarships to local high school students.

Programs

1 program

To provide scholarships to local high school graduates and others for continuing secondary education.

Expenses: $28KGrants: $28K

Financials

FY 2024

Revenue

Contributions & grants$396K
Program service revenue
Investment income$521K
Other revenue
Total revenue$917K

Expenses

Grants paid$393K
Salaries & benefits$74K
Fundraising$32K
Other expenses$92K
Total expenses$559K
Total assets$11.2M
Net assets$11.0M

People

27 listed

NameRoleCompensation

SARA MCKAY

EXECUTIVE SE

Board

$69K

40 hrs/wk

BRIAN BUNKERS

TRUSTEE

Board

1 hrs/wk

KIM COSENS

TRUSTEE

Board

1 hrs/wk

DAVID EINHAUS

TRUSTEE

Board

1 hrs/wk

DEB GILLARD

TRUSTEE

Board

1 hrs/wk

TODD HALE

TRUSTEE

Board

1 hrs/wk

BOB HEERS

TRUSTEE

Board

1 hrs/wk

LISA HYLAND

TRUSTEE

Board

1 hrs/wk

MICHAEL JENSEN

TRUSTEE

Board

1 hrs/wk

WES KAIN

TRUSTEE

Board

1 hrs/wk

NANCY KELLER

TRUSTEE

Board

1 hrs/wk

CHADWICK LANGE

TRUSTEE

Board

1 hrs/wk

CATHY MARTIN

TRUSTEE

Board

1 hrs/wk

CHERYL MEGER

TRUSTEE

Board

1 hrs/wk

JOSH MEILLIER

TRUSTEE

Board

1 hrs/wk

CAROL NELSON

TRUSTEE

Board

1 hrs/wk

DENNIS VON RUDEN

TRUSTEE

Board

1 hrs/wk

DAVID SEYKORA

TRUSTEE

Board

1 hrs/wk

JIM THON

TRUSTEE

Board

1 hrs/wk

TODD TROUT

TRUSTEE

Board

1 hrs/wk

DEAN VELZKE

TRUSTEE

Board

1 hrs/wk

BRANDON WAYNE

TRUSTEE

Board

1 hrs/wk

BOB WOTTRENG

TRUSTEE

Board

1 hrs/wk

GREGG DRAEGER

VICE PRESIDE

Board

1 hrs/wk

THOMAS DUFRESNE

PAST PRESIDE

Board

1 hrs/wk

ANDY MICHALETZ

SECRETARY-TR

Board

1 hrs/wk

DAVE RAMSEY

PRESIDENT

Board

1 hrs/wk

Grants received

Showing 13 of 13

FromAmountPurposeYear
$13K
For grant recipient's exempt purposes
2023
$5K
UNRESTRICTED GENERAL
2023
$300
PUBLIC ASSISTANCE
2022
$300
PUBLIC ASSISTANCE
2022
$8K
For grant recipient's exempt purposes
2021
$8K
For grant recipient's exempt purposes
2021
$8K
For grant recipient's exempt purposes
2020
$26K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2018
$100
TO PROVIDE ASSISTANCE TO FURTHER PROGRAM MISSION
2018

Funded by

$106K from 6 funders · 13 grants · 2018–2023

Fidelity Investments Charitable Gift Fund

$38K · 4 grants · 2020–2023

Donor Advised Charitable Giving Inc

$36K · 4 grants · 2018–2023

Minnesota Community Foundation

$26K · 1 grant · 2018

Astrup Family Foundation

$5K · 1 grant · 2023

Amg Charitable Gift Foundation

$600 · 2 grants · 2022

Gandrud Foundation

$100 · 1 grant · 2018

Details

EIN416038547
NTEE codeB82Z
Subsection03
Ruling date1961-12
Formed1957
Employees1
Volunteers20
OWATONNA FOUNDATION INC — Mission, Financials & Grants Received | Grantivo