Program areas at Minnetonka Public Schools Foundation
Teacher grant program: the teacher grant program plays a critical role in fostering academic innovation in our district's classrooms. Each year, Minnetonka teachers submit grant requests for creative, educational ideas and programs they would like to implement for their students. Fundraising for the teacher grant program includes a community wide appeal each fall, as well as two special appeals to honor Minnetonka teacher and staff members in december and may.
Scholarships and awards: the Foundation accepts donations to support student scholarships, specific new programs for the school district and other awards to acknowledge teacher achievement. Each of these funds have their own fund document and are voted on by board trustees. Funding typically comes from a specific donor who wants to start a fund for a special purpose.
Board designated endowment program: the board designated endowment supports educational initiatives that require ongoing funding or larger sums that cannot be supported by the annual teacher grant program. The board designated endowment is managed by a professional investment firm in accordance with strict investment principles identified in the Foundation's by-laws. Dream makers is an annual community event which raises funds primarily in support of the endowment.
Who funds Minnetonka Public Schools Foundation
Grants from foundations and other nonprofits
Personnel at Minnetonka Public Schools Foundation
| Name | Title | Compensation | Date of data |
|---|
| Jill Howe | Executive Director | $67,000 | 2023-06-30 |
| Brian Lande | Board Treasurer | $0 | 2023-09-21 |
| Rena' Dragseth | Secretary | $0 | 2023-06-30 |
| Troon Dowds | Vice - Chair | $0 | 2023-06-30 |
| Amy Grady | Chair | $0 | 2023-06-30 |
| ...and 7 more key personnel |
Financials for Minnetonka Public Schools Foundation
| Revenues | FYE 06/2024 | FYE 06/2023 | % Change |
|---|
| Total grants, contributions, etc. | $317,995 | $321,217 | -1% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $37,828 | $34,611 | 9.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $27,593 | $-3,853 | 816.1% |
| Net income from fundraising events | $-13,008 | $-7,923 | -64.2% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $370,408 | $344,052 | 7.7% |
Organizations like Minnetonka Public Schools Foundation
| Organization | Type | Location | Revenue |
|---|
| Jennings County Community Foundation | 501(c)(3) | North Vernon, IN | $484,220 |
| Four County Community Foundation | 501(c)(3) | Romeo, MI | $1,780,802 |
| Southeast Missouri Hospital Foundation | 501(c)(3) | Cape Girardeau, MO | $1,464,151 |
| Cascade Community Foundation | 501(c)(3) | Grand Rapids, MI | $166,888 |
| Monroe Clinic and Hospital Foundation | 501(c)(3) | Monroe, WI | $527,050 |
| Cendel Foundation | 501(c)(3) | Dover, DE | $289,330 |
| Olathe Health Charitable Foundation | 501(c)(3) | Olathe, KS | $1,282,864 |
| Lexington Community Foundation | 501(c)(3) | Lexington, NE | $363,421 |
| Greeneville City Schools Foundation | 501(c)(3) | Greeneville, TN | $117,800 |
| Community Foundation of Orange | 501(c)(3) | Orange, CA | $528,280 |
Data update history
November 8, 2023
Posted financials
Added Form 990 for fiscal year 2023
November 8, 2023
Updated personnel
Identified 1 new personnel
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
EducationCommunity improvement
Characteristics
Provides grantsFundraising eventsState / local levelEndowed supportGala fundraisersTax deductible donationsAccepts online donations
General information
- Address
- 5621 County Rd 101
- Minnetonka, MN 55345
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- County
- Hennepin County, MN
- Website URL
- minnetonkaschools.org/district/partners/minnetonka-foundationÂ
- Phone
- (952) 401-5040
IRS details
- EIN
- 41-1569085
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1986
- 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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