EIN 35-6025795

Questa Education Foundation

IRS 501(c) type
501(c)(3)
Num. employees
9
State
Year formed
1946
Most recent tax filings
2023-06-01
Description
The Questa Education Foundation helps individuals access post-secondary education, graduate with less debt, and become contributing members of Northeast Indiana's workforce.
Also known as...
Questa Foundation for Education
Total revenues
$3,065,583
2023
Total expenses
$2,254,031
2023
Total assets
$16,624,759
2023
Num. employees
9
2023

Program areas at Questa Education Foundation

Questa Education Foundation administers the following loan and scholarship programs:During fiscal year 2023, Questa Foundation provided over $1,974,632 in Questa Scholars loans to 439 students from Adams, Allen, DeKalb, Huntington, Kosciuscko, LaGrange, Noble, Steuben, Wabash, Wells and Whitley counties attending college. Students in the Questa Scholars Program are typically eligible to borrow up to $20,000 over four years ($2,500 per semester for up to $5,000 per academic year) for college. Students who graduate college and meet certain residency and employment requirements in northeast Indiana for 1 - 5 years after college typically become eligible to have 50% - 100% of the principal loan balance forgiven over the five years. Please see Schedule O for further information.
Questa Education Foundation administers the following grant and scholarship programs: The Venette and Mabel Sites Grant assists current students with financial need who graduated from public Allen County high schools who are in the Questa Scholars Program. Grants are applied to a student's current Questa loan balance and assist with paying down a student's debt. Awards are made based upon academic performance and financial need. Fifty-seven (57) students received $83,000 in Sites scholarship awards during the fiscal year. Please see Schedule O for further information on additional scholarships and grants.

Who funds Questa Education Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Don Wood Foundation (DWF)MFG and Entrepreneurial Scholars Pro$165,000
Paul Yergens and Virginia Y Rogers FD Old National Wealth ManagementCharitable - Scholarship. Admin$137,500
Sites Designated Charities TrustGeneral Operating$112,840
...and 19 more grants received totalling $960,084

Personnel at Questa Education Foundation

NameTitleCompensation
Elizabeth BushnellExecutive Director$119,000
Ryan ShepherdDirector of Finance and Operations
Jana GrothausDirector of Program Development
Derek LamleTreasurer$0
Emily E PichonChairman$0
...and 7 more key personnel

Financials for Questa Education Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,650,391
Program services$215,205
Investment income and dividends$211,278
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-11,291
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,065,583

Form 990s for Questa Education Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-19990View PDF
2022-062023-02-10990View PDF
2021-062022-04-07990View PDF
2021-062022-03-11990View PDF
2020-062021-04-05990View PDF
...and 11 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $110,000 from The James Foundation
February 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 5, 2024
Updated personnel
Identified 4 new personnel
December 31, 2023
Received grants
Identified 4 new grant, including a grant for $165,000 from Don Wood Foundation (DWF)
June 27, 2023
Received grants
Identified 18 new grant, including a grant for $597,692 from Aws Foundation / William Swiss Gen PTR
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
State / local levelEndowed supportProvides scholarshipsTax deductible donations
General information
Address
6502 Constitution Dr
Fort Wayne, IN 46804
Metro area
Fort Wayne, IN
County
Allen County, IN
Website URL
questafoundation.org/ 
Phone
(260) 407-6494
IRS details
EIN
35-6025795
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1946
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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