About
Building and enhancing the quality of life in the greater rochester AREA through philanthropic leadership and community partnerships.
Donations are tax-deductible
Financial Snapshot
FY ending 2024-12-31Financial history
161718192021222324
RevenueExpenses
Latest FY2024: $11.1M · Avg: $6.6M
Political & Grant Activity
ROCHESTER AREA FOUNDATION
Address
12 Elton Hills DR NW
Rochester, MN, 55901-353
Governance
Voting board members14
Independent members14
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
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Financial detail (Schedule D)
Board-designated %89.1%
Permanent endowment %10.8%
Endowment held by related orgNo
Public records
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