NonprofitsRochester Community & Technical College Foundation

Education

Rochester Community & Technical College Foundation

ROCHESTER, MN

Total revenue

$1.0M

Total expenses

$632K

Net assets

$10.2M

Grants received

$482K

26 grants

EIN

411535213

Tax year

2024

Mission

Rctc foundation improves the lives with the support of quality, affordable, accessible higher education. We raise funds to support scholarships, student basic needs, enhance quality academics, enrich campus life with athletics and arts, and make strategic investments in our students and college. Through active, ongoing campaigns to promote philanthropy in the community, the foundation aims to grow a diverse pool of resources sufficient to provide affordable education for all students, add value and excellence to the programs offered at rctc and help insulate the institution from future economic and political forces by helping to fill gaps in state funding. The foundation believes that no student should be turned away from rctc due to an inability to pay tuition.

Programs

2 programs

Rochester community and technical college foundation invests in programs to delivery high quality education and to help our students succeed. This includes grants to empower faculty and staff to expand and enhance quality education. In fiscal year 2025, this included purchase of new equipment, supporting student research, and career exploration for stem fields. The grants supported student basic needs (food pantry, emergency grants, emergency mental health counselling). In addition, we support a vibrant college experience through support for athletics, fine arts and student club activities.

Expenses: $128KGrants: $126K

Rochester community and technical college foundation provides student hands on learning. Gifts-in-kind of program equipment and supplies assist students in hands-on learning and ensure students are "work-ready" with access to the latest technology in the workplace. In 2025, this includes donation of vehicles, vaccines and needles, n95 masks and testing supplies.

Financials

FY 2024

Revenue

Contributions & grants$587K
Program service revenue
Investment income$428K
Other revenue$10K
Total revenue$1.0M

Expenses

Grants paid$540K
Salaries & benefits
Fundraising$1K
Other expenses$92K
Total expenses$632K
Total assets$10.2M
Net assets$10.2M

People

14 listed

NameRoleCompensation

MARKUS LANG

TREASURER

Board

1 hrs/wk

ALEX BRAINARD

PRESIDENT

Board

1 hrs/wk

ALEX LAIR

DIRECTOR

Board

1 hrs/wk

JONATHAN KRULL

SECRETARY

Board

1 hrs/wk

ALLY HANTEN EBERT

DIRECTOR

Board

0.5 hrs/wk

TONY ZUCCO

VICE PRESIDENT

Board

0.5 hrs/wk

HEATHER DONOVAN

DIRECTOR

Board

0.5 hrs/wk

LAURA SHEEHAN

DIRECTOR

Board

0.5 hrs/wk

THU PARK

DIRECTOR

Board

0.5 hrs/wk

PAULETTE TEIGEN

DIRECTOR

Board

0.5 hrs/wk

ZEN KUZYK

DIRECTOR

Board

0.5 hrs/wk

JEFF EIGENHEER

DIRECTOR

Board

0.5 hrs/wk

SARA MESSINA

DIRECTOR

Board

0.5 hrs/wk

EMILY TAYLOR

DIRECTOR

Board

0.5 hrs/wk

Grants received

Showing 26 of 26

FromAmountPurposeYear
$50K
SUPPORT CHARITABLE PURPOSE
2024
$26K
EDUCATION
2024
$26K
EDUCATION
2024
$6K
VET TECH STUDENT SCHOLARSHIPS
2024
$19K
EDUCATION
2023
$18K
CHARITABLE DONATION
2023
$8K
VET TECH STUDENT SCHOLARSHIPS
2023
$3K
Scholarship for underserved
2023
$1K
GENERAL PURPOSES
2023
$100K
UNRESTRICTED CHARITABLE GIFT
2022
$25K
CHARITABLE DONATION
2022
$12K
For grant recipient's exempt purposes
2022
$12K
PROGRAM SUPPORT
2022
$1K
GENERAL PURPOSES
2022
$28K
Support for Compeer Financial Scholarships (2 at $1,250 each). Support of Equipment
2021
$28K
Support for Compeer Financial Scholarships (2 at $1,250 each). Support of Equipment
2021
$22K
For grant recipient's exempt purposes
2021
$22K
For grant recipient's exempt purposes
2021
$16K
SCHOLARSHIPS
2020
$9K
SCHOLARSHIPS
2020
$6K
EMPLOYEE MATCHING GRANT
2020
$500
GRANT FOR GENERAL PURPOSES
2020

Funded by

$482K from 11 funders · 26 grants · 2020–2024

Rochester Area Foundation

$107K · 6 grants · 2020–2024

Javon And Vita Bea Family Foundation

$100K · 1 grant · 2022

Fidelity Investments Charitable Gift Fund

$55K · 3 grants · 2021–2022

The Chicago Community Trust

$55K · 2 grants · 2021

Mayo Clinic

$50K · 1 grant · 2024

Mightycause Charitable Foundation

$45K · 3 grants · 2020–2023

Charities Aid Foundation America

$43K · 2 grants · 2022–2023

Minnesota Veterinary Medical Foundation

$14K · 2 grants · 2023–2024

Details

EIN411535213
NTEE codeB99Z
Subsection03
Ruling date1996-11
Formed1961
Employees0
Volunteers95
ROCHESTER COMMUNITY & TECHNICAL COLLEGE FOUNDATION — Mission, Financials & Grants Received | Grantivo