NonprofitsRidgewater College Foundation

Education

Ridgewater College Foundation

WILLMAR, MN

Total revenue

$1.4M

Total expenses

$1.2M

Net assets

$4.3M

Grants received

$383K

28 grants

EIN

411847315

Tax year

2024

Mission

To expand educational opportunities and enhance academic excellence at ridgewater college by providing financial and community support. The foundation accomplishes its mission through its annual and capital fundraising campaigns, which raise funds for scholarships for students, and program support for college departments and programs.

Programs

1 program

Special projects - funding granted to various departments of ridgewater college to assist in developing creative projects or purchase equipment designed to advance the college mission.

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue
Investment income$301K
Other revenue
Total revenue$1.4M

Expenses

Grants paid$932K
Salaries & benefits$255K
Fundraising$45K
Other expenses$54K
Total expenses$1.2M
Total assets$4.6M
Net assets$4.3M

People

12 listed

NameRoleCompensation

KELLY MAGNUSON

FOUNDATION M

Board

$36K

10 hrs/wk

MANDY BALDRY

DIRECTOR

Board

1 hrs/wk

KATIE BRUNS

DIRECTOR

Board

1 hrs/wk

AMBER ERICKSON

DIRECTOR

Board

1 hrs/wk

BETH GASSER

VICE PRESIDE

Board

1 hrs/wk

STU GIERE

TREASURER

Board

1 hrs/wk

KRISTI HAEFNER

DIRECTOR

Board

1 hrs/wk

SHANE JOHNSON

DIRECTOR

Board

1 hrs/wk

ERIKA KELLEN

PRESIDENT

Board

1 hrs/wk

JAMES MILLER

DIRECTOR

Board

1 hrs/wk

JOE NELSON

DIRECTOR

Board

1 hrs/wk

LESLIE VALIANT

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 28 of 28

FromAmountPurposeYear
$7K
SCHOLARSHIP FUNDS
2024
$6K
VET TECH STUDENT SCHOLARSHIPS
2024
$10K
2023/24 UNIVERSITY PARTNER PROGRAM
2023
$8K
VET TECH STUDENT SCHOLARSHIPS
2023
$7K
SCHOLARSHIP FUNDS
2023
$500
HBF INVEST-MATCHING DONATION
2023
$12K
CHARITABLE DONATION
2022
$10K
2022/23 UNIVERSITY PARTNER PROGRAM
2022
$10K
SCHOLARSHIP FUNDS
2022
$6K
SCHOLARSHIP FUNDS
2022
$500
HBF INVEST-MATCHING DONATION
2022
$10K
2021/22 UNIVERSITY PARTNER PROGRAM
2021
$5K
DONATION OF MATERIALS
2021
$78K
TO SUPPORT EQUIPMENT & TECHNOLOGY, STUDENT RECRUITMENT & OUTREACH, STUDENT RETENTION & PROFESSIONAL DEVELOPMENT, FACULTY TRAINING, AND COMPEER FINANCIAL SCHOLARSHIPS
2020
$25K
GEN/OPER SUPPORT
2020
$10K
2020/21 UNIVERSITY PARTNER PROGRAM
2020
$7K
PEOPLE HELPING PEOPLE NURSING SCHOLARSHIP, BUFFALO LAKE-HECTOR-STEWARD, CANBY HIGH SCHOOL SCHOLARSHIP, COLLEGE YES! (ONLINE)
2020
$5K
STUDENT EMERGENCY FUND
2020
$2K
GEN/OPER SUPPORT
2020
$500
HBF INVEST Q2 - MATCHING
2020
$102K
GENERAL SUPPORT
2019
$25K
EARLY CHILDHOOD EDUCATION SCHOLARSHIPS; COLLEGE, YES!; EMERGENCY SUPPORT; SCHOLARSHIPS
2019
$20K
GENERAL SUPPORT
2019
$15K
EARLY CHILDHOOD EXPLORATION CLASS; SCHOLARSHIPS; MOBILE TRUCK DRIVING SIMULATION
2019
$500
HBF INVEST - MATCHING
2019
$500
HBF INVEST - MATCHING
2018

Funded by

$383K from 10 funders · 28 grants · 2018–2024

Communitygiving

$178K · 8 grants · 2019–2024

The Chicago Community Trust

$78K · 1 grant · 2020

Southwest Initiative Foundation

$46K · 3 grants · 2019–2020

Chs Foundation

$45K · 5 grants · 2020–2023

Minnesota Veterinary Medical Foundation

$14K · 2 grants · 2023–2024

Charities Aid Foundation America

$12K · 1 grant · 2022

Interstates Foundation

$5K · 1 grant · 2021

Hb Fuller Company Foundation

$3K · 5 grants · 2018–2023

Details

EIN411847315
NTEE codeB82B
Subsection03
Ruling date1997-04
Employees0
RIDGEWATER COLLEGE FOUNDATION — Mission, Financials & Grants Received | Grantivo