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Minnesota State University Mankato Foundation Incorporated

Public charity
DBA: % MANKATO STATE UNIVERSITY
Other · MANKATO, MN · EIN 41-6033423

About

Minnesota state university, mankato foundation, INC. Is dedicated to securing private gifts and grants to benefit minnesota state university, mankato. Each year, thousands of generous benefactors make gifts to help students, faculty and programs at this university. The foundation's mission is to enhance the university's ability to achieve its mission by encouraging and stewarding sustained philanthropic support from alumni and friends. The foundation operates with responsible stewardship, integrity, transparency and trust, provides leadership, advocacy and support of the university's strategic priorities, provides support for educational access and for enriching experiences for students, and provides leadership in promoting and engaging donor passion.

In care of Mankato State University

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
34

Financial Snapshot

FY ending 2023-06-30
Revenue
$7.9M
Expenses
$6.2M
Assets
$86.4M
Liabilities
$1.2M

Financial history

$11.1M$5.5M$0
1617181920212223
RevenueExpenses
Latest FY2023: $7.9M · Peak FY2017: $11.1M · Avg: $9.5M

Foreign activity (Schedule F)

Total spent abroad$2.0M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN
EAST ASIA AND THE PACIFIC

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$2.5M
MINNESOTA STATE UNIVERSITY MANKATO FOUNDATION INCORPORATED
Your actions

Address

224 Alumni Foundation CTR
Mankato, MN, 56001-602

Governance

Voting board members23
Independent members23
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %1.5%
Permanent endowment %96.7%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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