Program areas at MAF
The Foundation made grants from its Community Fund, along with designated and donor advised funds to enrich the livability and vibrancy of the Greater Mankato area. In addition, the Consultant in Residency Fund has given support to nonprofit organizations that are serving the escalating needs of our communities by providing access to a nonprofit consultant to help streamline and strengthen organizational needs. Our joint expertise in community partnerships, resources, and connections allowed us to support the unprecedented demands placed on our nonprofit partners as they addressed the critical needs of the community and their clientele. Finally, the Greater Mankato Inclusivity Study (GMIS) is one of the largest community-led, mixed-method inclusivity studies in America. It will gauge the current status of inclusivity for students, individuals who work in, and residents of the Greater Mankato area (Blue Earth and Nicollet counties). GMIS focuses on a broad range of community members' feelings, opinions, and perceptions of inclusion in regards to age, gender, ethnicity, and abilities.
Who funds Mankato Area Foundation (MAF)
Grants from foundations and other nonprofits
Personnel at MAF
| Name | Title | Compensation | Date of data |
|---|
| Nancy Zallek | President and Chief Executive Officer | $88,221 | 2022-08-05 |
| Joan Untiedt | Finance Director - Ret Apr | $88,408 | 2022-06-30 |
| Samantha Spicer | Finance Director | $0 | 2022-06-30 |
| Maureen Gustafson | Donor Relations and Program Director / Donor Relations and Programs Director | $72,472 | 2022-08-05 |
| Sammi Spicer | Controller | | 2022-08-05 |
| ...and 14 more key personnel |
Financials for MAF
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $5,354,820 | $5,048,055 | 6.1% |
| Program services | $46,432 | $65,773 | -29.4% |
| Investment income and dividends | $536,872 | $397,154 | 35.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-155,712 | $742,482 | -121% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $6,382 | $2,751 | 132% |
| Total revenues | $5,788,794 | $6,256,215 | -7.5% |
Organizations like MAF
| Organization | Type | Location | Revenue |
|---|
| Wells County Foundation | 501(c)(3) | Bluffton, IN | $1,745,304 |
| Bronson Health Foundation | 501(c)(3) | Kalamazoo, MI | $8,668,235 |
| Bethel Community Services Foundation | 501(c)(3) | Bethel, AK | $4,169,042 |
| Community Foundation of the Rappahannock River Region | 501(c)(3) | Fredericksburg, VA | $12,420,135 |
| Greater Toledo Community Foundation | 501(c)(3) | Toledo, OH | $26,939,369 |
| Oregon Trail Community Foundation | 501(c)(3) | Scottsbluff, NE | $1,859,489 |
| Community Foundation of the Virgin Islands (CFVI) | 501(c)(3) | Saint Thomas, VI | $4,268,383 |
| Community Foundation of Grand Forks East Grand Forks and Region | 501(c)(3) | Grand Forks, ND | $3,288,854 |
| The West Marin Fund | 501(c)(3) | Point Reyes Station, CA | $1,983,592 |
| Community Foundation of Southwest Kansas | 501(c)(3) | Dodge City, KS | $1,962,840 |
Data update history
December 31, 2023
Received grants
Identified 4 new grant, including a grant for $50,000 from Mardag Foundation September 27, 2023
Received grants
Identified 2 new grant, including a grant for $78,000 from Otto Bremer Trust (OBT) June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 15, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelEndowed supportTax deductible donations
General information
- Address
- 212 E Walnut St 1
- Mankato, MN 56001
- Metro area
- Mankato, MN
- County
- Blue Earth County, MN
- Website URL
- mankatoareafoundation.com/Â
- Phone
- (507) 345-4519
- Facebook page
- MankatoAreaFoundationÂ
IRS details
- EIN
- 41-0011094
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1974
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T31: Community Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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