Program areas at MAF
The Foundation made grants from its Community Fund, along with designated and donor advised funds to enrich the livability and vibrancy of the Greater Mankato area. In addition, the Consultant in Residency Fund has given support to nonprofit organizations that are serving the escalating needs of our communities by providing access to a nonprofit consultant to help streamline and strengthen organizational needs. Our joint expertise in community partnerships, resources, and connections allowed us to support the unprecedented demands placed on our nonprofit partners as they addressed the critical needs of the community and their clientele. Finally, the Greater Mankato Inclusivity Study (GMIS) is one of the largest community-led, mixed-method inclusivity studies in America. It will gauge the current status of inclusivity for students, individuals who work in, and residents of the Greater Mankato area (Blue Earth and Nicollet counties). GMIS focuses on a broad range of community members' feelings, opinions, and perceptions of inclusion in regards to age, gender, ethnicity, and abilities.
Who funds Mankato Area Foundation (MAF)
Grants from foundations and other nonprofits
Personnel at MAF
| Name | Title | Compensation | Date of data |
|---|
| Nancy Zallek | President and Chief Executive Officer | $95,859 | 2023-06-30 |
| Samantha Spicer | Finance Director | $64,169 | 2023-06-30 |
| Maureen Gustafson | Donor Relations and Program Director / Donor Relations and Programs Director | $72,472 | 2022-08-05 |
| Sammi Spicer | Controller | | 2022-08-05 |
| Joan Untiedt | Past Finance Director - Ret Apr | $88,408 | 2022-06-30 |
| ...and 19 more key personnel |
Financials for MAF
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $5,354,820 | $5,048,055 | 6.1% |
| Program services | $46,432 | $65,773 | -29.4% |
| Investment income and dividends | $536,872 | $397,154 | 35.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-155,712 | $742,482 | -121% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $6,382 | $2,751 | 132% |
| Total revenues | $5,788,794 | $6,256,215 | -7.5% |
Organizations like MAF
| Organization | Type | Location | Revenue |
|---|
| Mackinac Island Community Foundation | 501(c)(3) | Mackinac Island, MI | $1,966,056 |
| Collaboratory / Southwest Florida Community Foundation Inc | 501(c)(3) | Fort Myers, FL | $21,592,217 |
| Jasper Newton Foundation | 501(c)(3) | Rensselaer, IN | $2,553,897 |
| Cumberland Community Foundation (CCF) | 501(c)(3) | Fayetteville, NC | $14,602,785 |
| Community Foundation of Southern New Mexico | 501(c)(3) | Las Cruces, NM | $14,161,520 |
| Community Foundation of the Central Blue Ridge | 501(c)(3) | Staunton, VA | $8,831,454 |
| Western Kansas Community Foundation | 501(c)(3) | Garden City, KS | $2,664,401 |
| High Point Community Foundation | 501(c)(3) | High Point, NC | $11,126,941 |
| Community Foundation for Oceana County | 501(c)(3) | Pentwater, MI | $3,019,734 |
| The Community Foundation of Greater Lafayette | 501(c)(3) | Lafayette, IN | $8,187,498 |
Data update history
August 24, 2024
Received grants
Identified 4 new grant, including a grant for $204,342 from Creative Foundation May 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 8 new personnel
December 31, 2023
Received grants
Identified 4 new grant, including a grant for $50,000 from Mardag Foundation Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelEndowed supportTax deductible donationsAccepts online donations
General information
- Address
- 212 E Walnut St 1
- Mankato, MN 56001
- Metro area
- Mankato, MN
- County
- Blue Earth County, MN
- Website URL
- mankatoareafoundation.com/Â
- Phone
- (507) 345-4519
- Facebook page
- MankatoAreaFoundationÂ
IRS details
- EIN
- 41-0011094
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1974
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T31: Community Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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