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EIN 41-1540247

Minnesota State College Southeast Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Winona
State
Minnesota
Year formed
1999
Most recent tax filings
2022-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
The Minnesota State College Southeast Foundation assists the college in achieving excellence in technical education for employment by developing financial and community resources for students, employers, and communities within our service area. Its scholarship program is designed to increase access and affordability to higher education, having awarded over $2 million in scholarships to more than 2,000 individuals over the last 22 years.
Total revenues
$907,363
2022
Total expenses
$951,322
2022
Total assets
$4,571,478
2022
Num. employees
0
2022

Program areas at Minnesota State College Southeast Foundation

The Minnesota State College Southeast Foundation's scholarship program is designed to increase access and affordability to higher education. Through the program, over the last 22 years, more than $2 million in scholarships have been awarded to more than 2,500 students. Scholarship applications are reviewed by members of the Foundation's scholarship committee, which is comprised of community volunteers dedicated to reviewing more than 200 applications annually.

Who funds Minnesota State College Southeast Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Jones Family FoundationMultiple Grants for Multiple Purposes$219,312
Saint Paul and Minnesota FoundationMultiple Grants for Multiple Purposes$41,500
Xcel EnergyEducation Grant$5,000
...and 1 more grant received

Personnel at Minnesota State College Southeast Foundation

NameTitleCompensation
Kathy SolumPast President / Past President / Director / Vice President / Treasurer$0
Michael GroveDirector of Operations$0
John MilekPresident$0
Cherie BurkeSecretary and Treasurer / Treasurer / Director$0
Sue HovellPresident$0
...and 3 more key personnel

Financials for Minnesota State College Southeast Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$666,562
Program services$61,641
Investment income and dividends$62,670
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$72,000
Net gain from sale of non-inventory assets$22,400
Net income from fundraising events$22,090
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$907,363

Form 990s for Minnesota State College Southeast Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-04-05990View PDF
2020-062021-03-01990View PDF
2019-062020-01-23990View PDF
2018-062019-03-11990View PDF
2017-062018-03-14990View PDF
...and 7 more Form 990s
Data update history
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 15, 2023
Updated personnel
Identified 3 new personnel
May 6, 2023
Received grants
Identified 1 new grant, including a grant for $41,500 from Saint Paul and Minnesota Foundation
September 23, 2021
Received grants
Identified 1 new grant, including a grant for $5,000 from Xcel Energy
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsState / local levelEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
1250 Homer Rd
Winona, MN 55987
County
Winona County, MN
Website URL
southeastmn.edu/?aspxerrorpath=/alumni/foundationas/ 
Phone
(507) 453-2663
IRS details
EIN
41-1540247
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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