NonprofitsRochester Area Foundation

Community Foundations

Rochester Area Foundation

ROCHESTER, MN

Total revenue

$11.1M

Total expenses

$8.9M

Net assets

$63.2M

Grants received

$6.8M

44 grants

EIN

416017740

Tax year

2024

Mission

Building and enhancing the quality of life in the greater rochester area through philanthropic leadership and community partnerships.

Financials

FY 2024

Revenue

Contributions & grants$8.9M
Program service revenue$603K
Investment income$1.7M
Other revenue
Total revenue$11.1M

Expenses

Grants paid$6.3M
Salaries & benefits$1.2M
Fundraising$425K
Other expenses$1.3M
Total expenses$8.9M
Total assets$68.3M
Net assets$63.2M

People

15 listed

NameRoleCompensation

JENNIFER WOODFORD

PRESIDENT

Board

$125K

33 hrs/wk

JUDITH WILSON

1ST VICE CHAIR

Board

4 hrs/wk

TONY BENSON

2ND VICE CHAIR

Board

2 hrs/wk

MARCO WAGEMAN

TREASURER

Board

6 hrs/wk

CHRIS WENDLAND

SECRETARY

Board

4 hrs/wk

LARRY KOSHIRE

IMMEDIATE PAST CHAIR

Board

4 hrs/wk

DR KATHY LOMBARDO

TRUSTEE

Board

2 hrs/wk

DAVE OETH

CHAIR

Board

6 hrs/wk

BETH KREHBIEL

TRUSTEE

Board

2 hrs/wk

MIKE PARADISE

TRUSTEE

Board

2 hrs/wk

ERIN SEXTON

TRUSTEE

Board

2 hrs/wk

HAROLD BURDEN

TRUSTEE

Board

2 hrs/wk

MIKE BENIKE

TRUSTEE

Board

2 hrs/wk

NATALIE JONES

TRUSTEE

Board

2 hrs/wk

TODD HEATHER

TRUSTEE

Board

2 hrs/wk

Grants received

Showing 44 of 44

FromAmountPurposeYear
$112K
SUPPORT CHARITABLE PROGRAMS
2024
$60K
GENERAL OPERATIONS
2024
$30K
FAFSA STUDENT SUPPORT
2024
$4M
SUPPORT CHARITABLE PROGRAMS
2023
$206K
SUPPORT CHARITABLE PROGRAMS
2023
$75K
CRADLE 2 CAREER COALITION
2023
$60K
PROGRAM AWARD AND DESIGNATION
2023
$57K
FOOD DISTRIBUTION
2023
$50K
SEEDING CULTURAL TREASURES
2023
$20K
SUPPORTING AFRICAN WOMEN
2023
$8K
PUBLIC, SOCIETAL BENEFIT
2023
$700
DONATE TO GENERAL FUND TO BE DISTRIBUTED TO NON-PROFITS
2023
$54
Matching Gift
2023
$400K
GENERAL SUPPORT
2022
$345K
For grant recipient's exempt purposes
2022
$112K
GENERAL OPERATING
2022
$104K
SUPPORT CHARITABLE PROGRAMS
2022
$75K
Challenge Fund
2022
$8K
PUBLIC, SOCIETAL BENEFIT
2022
$250
GENERAL FUNDS
2022
$80K
Challenge Fund
2021
$7K
PUBLIC, SOCIETAL BENEFIT
2021
$250
GENERAL FUNDS
2021
$306K
SUPPORT CHARITABLE PROGRAMS
2020
$183K
DESIGNATIONS AND PROGRAM AWARD
2020
$100K
MULTIPLE PURPOSES
2020
$80K
Challenge Fund
2020
$25K
EMERGENCY RELIEF
2020
$20K
MIDWEST MELANOMA PARTNERSHIP DONOR DESIGNATED ENDOWMENT FUND
2020
$17K
PROGRAM COSTS
2020
$7K
PUBLIC, SOCIETAL BENEFIT
2020
$250
GENERAL FUNDS
2020
$200
GENERAL FUNDS
2020
$75K
TO SUPPORT THE CRADLE-TO-CAREER COALITION IN BUILDING A COLLECTIVE IMPACT MODEL THAT ADDRESSES EDUCATION AND EMPLOYMENT DISPARITIES IN THE ROCHESTER AREA.
2019
$26K
For grant recipient's exempt purposes
2019
$20K
MIDWEST MELANOMA PARTNERSHIP DONOR DESIGNATED ENDOWMENT FUND
2019
$14K
PUBLIC, SOCIETAL BENEFIT
2019
$8K
ACHF: PRODUCTION GRANT
2018
$10K
ACHF: PRODUCTION GRANT
2017

Funded by

$6.8M from 21 funders · 44 grants · 2017–2024

Mayo Clinic Group Return

$4M · 1 grant · 2023

Mayo Clinic

$728K · 4 grants · 2020–2024

Raf Properties

$400K · 1 grant · 2022

Fidelity Investments Charitable Gift Fund

$371K · 2 grants · 2019–2022

Otto Bremer Trust

$255K · 5 grants · 2019–2024

United Way Of Olmsted County Inc

$243K · 2 grants · 2020–2023

StriveTogether Inc

$235K · 3 grants · 2020–2022

Joyce L Osborn Scholarship Trust

$112K · 1 grant · 2022

Details

EIN416017740
NTEE codeT310
Subsection03
Ruling date1949-07
Formed1944
Employees11
Volunteers305
ROCHESTER AREA FOUNDATION — Mission, Financials & Grants Received | Grantivo