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EIN 41-1288502

Minneapolis College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Minneapolis
State
Minnesota
Year formed
1977
Most recent tax filings
2023-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
The Minneapolis Community & Technical College Foundation helps solve issues of affordability and access to higher education through scholarships and initiatives that support students, enhance the readiness of our workforce and support the strategic priorities of the College. The mission of the Minneapolis Community & Technical College Foundation is to provide financial assistance and educational support to those students of need who attend mctc.
Also known as...
Minneapolis Comm and Tech College Foundation; The Minneapolis Community and Technical College Foundation
Total revenues
$1,180,597
2023
Total expenses
$1,376,684
2023
Total assets
$7,159,814
2023
Num. employees
0
2023

Program areas at Minneapolis College Foundation

The Foundation does not administer any programs. However, it raises funds and provides part or all of the funding to the College to develop and administer specific programs, initiatives and scholarships.

Who funds Minneapolis College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$100,700
Kopp Family FoundationCharitable$50,000
Deloitte FoundationMarketplace Grant$50,000
...and 11 more grants received

Personnel at Minneapolis College Foundation

NameTitleCompensation
Stephanie Hammes-BettiPresident$0
Beverly WadsworthDirector$0
Kristin Hough FrameTreasurer$0
Maddy RyanSecretary$0
Marc JensenVice President$0
...and 13 more key personnel

Financials for Minneapolis College Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$993,130
Program services$0
Investment income and dividends$185,139
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,328
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,180,597

Form 990s for Minneapolis College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-04990View PDF
2022-062023-01-17990View PDF
2021-062022-03-02990View PDF
2021-062022-02-22990View PDF
2020-062021-04-12990View 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 $11,815 from Charities Aid Foundation of America
December 28, 2023
Received grants
Identified 8 new grant, including a grant for $50,000 from Kopp Family Foundation
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1501 Hennepin Ave
Minneapolis, MN 55403
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
minneapolis.edu/alumni-and-friends 
Phone
(612) 659-6820
IRS details
EIN
41-1288502
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1977
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
Central organization
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