EIN 41-1410445

Inver Hills Community College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1978
Most recent tax filings
2023-06-01
Description
The Inver Hills Community College Foundation cultivates resources to help students start their journey, stay the course, and succeed in life. It funds scholarships, emergency grants, and programmatic areas for the college throughout the year to support students pursuing a general education for transfer purposes.
Total revenues
$562,128
2023
Total expenses
$304,142
2023
Total assets
$3,499,172
2023
Num. employees
0
2023

Program areas at Inver Hills Community College Foundation

Scholarship and programmatic support: during the year the Foundation funded scholarships, emergency grants, and many programmatic areas for the College. The scholarship funds support students pursuing both a general education for the transfer purposes and specific academic areas. The scholarship criteria support different goals. Some are used to encourage students to pursue certain courses of study while others are intended to provide an incentive for students to persist in pursuit of accomplishing their educational goals. Scholarships are awarded on the basis of academic merit, career goals, recommendations, and financial needs. Programmatic funds are used to support needs within the College to further educational opportunities.

Who funds Inver Hills Community College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Saint Paul and Minnesota FoundationMultiple Grants for Programs, Operations, Or Other Purposes$108,434
Kopp Family FoundationCharitable$40,000
Kopp Family FoundationCharitable$40,000
...and 4 more grants received

Personnel at Inver Hills Community College Foundation

NameTitleCompensation
Kimberly ShaffExecutive Director$0
Jake SedlacekChair$0
Angela AmannVice Chair$0
Gerry ThomasTreasurer$0
Doug LarsonVice Chair$0
...and 3 more key personnel

Financials for Inver Hills Community College Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$341,918
Program services$0
Investment income and dividends$112,532
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$107,678
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$562,128

Form 990s for Inver Hills Community College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-11990View PDF
2022-062023-03-28990View PDF
2021-062022-03-09990View PDF
2021-062022-02-02990View PDF
2020-062021-04-05990View PDF
...and 10 more Form 990s
Data update history
May 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 2 new personnel
May 18, 2024
Received grants
Identified 4 new grant, including a grant for $40,000 from Kopp Family Foundation
October 21, 2023
Received grants
Identified 5 new grant, including a grant for $65,531 from Saint Paul and Minnesota Foundation
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
School foundationsGrantmaking organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationEndowed supportProvides scholarshipsGala fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2500 80th St East
Inver Grove Heights, MN 55076
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Dakota County, MN
Website URL
inverhills.edu/foundation/ 
Phone
(651) 450-3512
IRS details
EIN
41-1410445
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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