EIN 41-6054755

Fergus Area College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Fergus Falls
Year formed
1966
Most recent tax filings
2024-06-01
NTEE code, primary
Description
The Fergus Area College Foundation exists to provide financial resources and advocacy for the development and advancement of Minnesota State Community and Technical College, Fergus Falls. It specializes in providing special purpose grants and support to the college community in the areas of academics, fine arts, athletics, student activities, facility enhancement, annual Bigwood lecture series, booster club activities, and graduation awards & recognition. Additionally, it offers scholarships ranging from $500 to $5000 to defray educational expenses for MSCTC students.
Total revenues
$633,355
2024
Total expenses
$389,901
2024
Total assets
$7,826,734
2024
Num. employees
0
2024

Program areas at Fergus Area College Foundation

Scholarships to msctc students to defray their educational expenses. Students recieved awards ranging from 500 to 5000.
Special purpose grants and support to the College community in the areas of academics, fine arts, athletics, student activities, facility enhancement, annual bigwood lecture series, booster club activities, and graduation awards & recognition.

Who funds Fergus Area College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Frank W Veden Charitable TrustGeneral Support$200,000
J.A. Wedum FoundationScholarship Programs$15,000
Lake Region Arts CouncilPreserve the History of Signature Works in the M State Fergus Falls Permanent Art Collection Through Photographs, the Written Word and Video and Increasing Access Through A Virtual Website Tour and Qu Codes$12,350
...and 2 more grants received

Personnel at Fergus Area College Foundation

NameTitleCompensation
Jacki MaethnerExecutive Director
MacKenzie BarryFacf President$0
Erin SmithFacf Secretary$0
Jeff StanislawskiFacf Vice President$0
Lanny HendricksonFacf Treasurer$0
...and 5 more key personnel

Financials for Fergus Area College Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$379,863
Program services$0
Investment income and dividends$253,492
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$633,355

Form 990s for Fergus Area College Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-062024-11-25990View PDF
2023-062023-11-15990View PDF
2022-062022-11-07990View PDF
2021-062021-12-20990View PDF
2020-062021-02-26990View PDF
...and 9 more Form 990s

Organizations like Fergus Area College Foundation

OrganizationLocationRevenue
Danville Community College Educational FoundationDanville, VA$768,680
Sterling Schools FoundationSterling, IL$1,072,222
Modesto Junior College FoundationModesto, CA$2,585,082
Fergus Falls 544 Education FoundationFergus Falls, MN$501,636
Chadron State FoundationChadron, NE$2,641,262
Foundation for Saline Area SchoolsSaline, MI$219,849
St Thomas High School FoundationHouston, TX$823,804
Carrollton-Farmers Branch Isd Education FoundationCarrollton, TX$293,126
East Angel Friends and Alumni Foundation and East Angel FoundationDenver, CO$322,068
Kankakee Comm Coll FoundationKankakee, IL$1,636,785
Data update history
October 22, 2024
Received grants
Identified 1 new grant, including a grant for $15,000 from J.A. Wedum Foundation
September 24, 2024
Updated personnel
Identified 1 new personnel
July 10, 2024
Received grants
Identified 2 new grant, including a grant for $200,000 from Frank W Veden Charitable Trust
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $6,000 from HM and CM Iverson Charitable Trust Uw
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1414 College Way
Fergus Falls, MN 56537
County
Otter Tail County, MN
Website URL
facfmstate.org/ 
Phone
(218) 739-1514
IRS details
EIN
41-6054755
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1966
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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