NonprofitsThe Minneapolis Community And Technical College Foundation Inc

Education

The Minneapolis Community And Technical College Foundation Inc

MINNEAPOLIS, MN

Total revenue

$1.0M

Total expenses

$1.1M

Net assets

$7.6M

Grants received

$2.1M

53 grants

EIN

411288502

Tax year

2023

Mission

The minneapolis community & technical college foundation helps solve issues of affordability and access to higher education through scholarships and initiatives that support students, enhance the readiness of our workforce and support the strategic priorities of the college.

Financials

FY 2023

Revenue

Contributions & grants$799K
Program service revenue
Investment income$223K
Other revenue
Total revenue$1.0M

Expenses

Grants paid$969K
Salaries & benefits
Fundraising$20K
Other expenses$147K
Total expenses$1.1M
Total assets$7.6M
Net assets$7.6M

People

13 listed

NameRoleCompensation

STEPHANIE HAMMES-BETTI

PRESIDENT

Board

2.77 hrs/wk

CHUCK MALKERSON

BOARD MEMBER

Board

1.9 hrs/wk

RAMONA HARRISTHAL

BOARD MEMBER

Board

1.3 hrs/wk

MARC JENSEN

VICE PRESIDENT

Board

0.5 hrs/wk

JAMAL JAMES

BOARD MEMBER

Board

0.5 hrs/wk

PETER MCLAUGHLIN

BOARD MEMBER

Board

0.6 hrs/wk

RACHEL JOHNSON

BOARD MEMBER

Board

0.5 hrs/wk

LINDA SATORIUS

BOARD MEMBER

Board

0.69 hrs/wk

PETE MATHIESON

TREASURER

Board

0.6 hrs/wk

MICHAEL DORSEY

BOARD MEMBER

Board

1 hrs/wk

CALVIN STEWART

BOARD MEMBER

Board

0.96 hrs/wk

CAROLYN HALL II

BOARD MEMBER

Board

1.08 hrs/wk

BEVERLY WADSWORTH

FOUNDATION DIRECTOR

Board

40 hrs/wk

Grants received

Showing 53 of 53

FromAmountPurposeYear
$200K
We Thrive grant
2024
$30K
FUNDING TOWARD THE OYH SCHOLARSHIP PROVIDED TO MINNEAPOLIS COLLEGE WHO ARE CURRENTLY HOMELESS OR HAVE EXPERIENCED HOMELESSNESS WITHIN THE PAST TWO YEARS.
2024
$30K
THOMAS WELLS ENDOWED SCHOLARSHIP (FUND 305.3025)
2024
$12K
DONOR ADVISED, EDUCATION
2024
$102K
For grant recipient's exempt purposes
2023
$50K
CHARITABLE
2023
$30K
CHARITABLE
2023
$30K
TOWARD THE OYH STUDENT SCHOLARSHIP
2023
$25K
LOCAL IMPACT GRANT
2023
$11K
CHARITABLE DONATION
2023
$11K
DONOR-ADVISED, EDUCATION
2023
$5K
Cash Contribution
2023
$101K
For grant recipient's exempt purposes
2022
$50K
CHARITABLE
2022
$50K
MARKETPLACE GRANT
2022
$36K
COMMUNITY SERVICES
2022
$30K
CHARITABLE
2022
$15K
GENERAL SUPPORT
2022
$12K
CHARITABLE DONATION
2022
$12K
DONOR-RECOMMENDED, EDUCATION
2022
$10K
Matching Gift
2022
$8K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$114K
For recipient's exempt purpose
2021
$50K
CHARITABLE
2021
$50K
BRIAN K. LINDELL SCHOLARSHIP FUND
2021
$30K
CHARITABLE
2021
$15K
EDUCATION GRANT
2021
$12K
DONOR-RECOMMENDED, EDUCATION
2021
$62K
THE RANDOM ACTS OF KINDNESS FUND
2020
$50K
CHARITABLE
2020
$30K
CHARITABLE
2020
$15K
2020 EDUCATION GRANT
2020
$30K
SCHOLARSHIPS FOR HOMELESS
2019
$12K
GENERAL OPERATING SUPPORT
2019
$6K
MULTIPLE GRANTS
2019
$25K
CHARITABLE
2018
$15K
CHARITABLE
2018
$12K
FOR RANDOM ACTS OF KINDNESS FUND
2018
$10K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2018
$5K
For grant recipient's exempt purposes
2018
$5K
SUPPORT COLLEGE SCHOLARSHIP PROGRAM
2018
$11K
THE RANDOM ACTS OF KINDNESS FUND
2017

Funded by

$2.1M from 20 funders · 53 grants · 2017–2024

Donor Advised Charitable Giving Inc

$576K · 5 grants · 2017–2021

Kopp Family Foundation

$360K · 10 grants · 2018–2023

Fidelity Investments Charitable Gift Fund

$208K · 3 grants · 2018–2023

Women's Foundation of Minnesota

$200K · 1 grant · 2024

The Minneapolis Foundation

$142K · 8 grants · 2017–2024

Vanguard Charitable Endowment Program

$121K · 2 grants · 2021–2022

Open Your Heart To The Hungry And

$120K · 4 grants · 2019–2024

Deloitte Foundation

$75K · 2 grants · 2022–2023

Details

EIN411288502
NTEE codeB19
Subsection03
Ruling date1977-01
Formed1977
Employees0
Volunteers41
THE MINNEAPOLIS COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo