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
2023-06-01
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
$636,942
2023
Total expenses
$533,184
2023
Total assets
$7,038,384
2023
Num. employees
0
2023

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 3 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 06/2023
Total grants, contributions, etc.$394,598
Program services$0
Investment income and dividends$242,344
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$636,942

Form 990s for Fergus Area College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-15990View PDF
2022-062022-11-07990View PDF
2021-062021-12-20990View PDF
2020-062021-02-26990View PDF
2019-062020-02-10990View PDF
...and 8 more Form 990s
Data update history
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
January 18, 2024
Updated personnel
Identified 5 new personnel
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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