EIN 41-1974305

Orono Foundation for Education

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2000
Most recent tax filings
2023-06-01
Description
Orono Foundation for Education empowers all Orono students to achieve their highest potential and ensures a tradition of excellence by harnessing the community's time, talent, and financial resources. The Foundation provides a general operating grant to the Orono school district each year to support k-12 educational expenses. Additionally, other temporary restricted funds, known as excellence funds, are granted for specific uses such as academics/literacy, character development, and more. These donations are granted as requested by the district and approved by OFE.
Also known as...
Orono Alliance for Education
Total revenues
$672,144
2023
Total expenses
$666,894
2023
Total assets
$2,812,726
2023
Num. employees
1
2023

Program areas at Orono Foundation for Education

Excellence funds other temporary restricted funds (i.e., the excellence funds), are for specific uses by the school and these donations are granted as requested by the district and approved by the Foundation. Excellence funds include: academics/literacy, character, arts, athletics, building and grounds, leadership and ethics, educator excellence, and technology. Other excellence funds may be created from time to time as determined by the board. This year, the Foundation granted the schools $253,200 through its excellence funds.
Scholarship funds the Foundation maintains student scholarship funds with eligibility criteria established by fund donors. Scholarship recipients are selected by the school district and fund donors. This year, the Foundation granted $2,000 of scholarships through its annual fund and $56,708 through its excellence funds.
Annual fund grant "the Foundation provides a general operating grant to the Orono school district each year to support a wide variety of k-12 educational expenses. The Orono school district then allocates these dollars to key strategic priorities and pressing budgetary needs. This year, the Foundation granted the schools $206,830 through its annual fund.in recent years, annual grants have been utilized by the schools to aid in implementation of a new math curriculum by paying for teaching training as well as funding a new math specialist position. Annual grant funds have also been used for classroom materials, technology, staff training, and special staff positions."
Non grant program expenses.

Who funds Orono Foundation for Education

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Longview FoundationGeneral Operating$63,500
American Online Giving FoundationGeneral Support$31,679
The Minneapolis FoundationDonor-Recommended, Education$25,750
...and 10 more grants received

Personnel at Orono Foundation for Education

NameTitleCompensation
Alicia ObergPast Treasurer
Paul SpringmeyerBoard Chair$0
Stephanie BostromTreasurer$0
Amy MitchellBoard Chair / Vice Chair and Interim Treasurer / Governance / Board Member$0
Katie ParksSecretary$0
...and 8 more key personnel

Financials for Orono Foundation for Education

RevenuesFYE 06/2023
Total grants, contributions, etc.$528,641
Program services$0
Investment income and dividends$63,765
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$91,439
Net income from fundraising events$-15,807
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,106
Total revenues$672,144

Form 990s for Orono Foundation for Education

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-09990View PDF
2022-062023-04-20990View PDF
2021-062021-12-22990View PDF
2020-062021-04-06990View PDF
2019-062020-10-06990View PDF
...and 9 more Form 990s
Data update history
August 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 24, 2024
Updated personnel
Identified 2 new personnel
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $1,000 from The Bank of America Charitable Foundation
July 11, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 6 new grant, including a grant for $63,500 from Longview Foundation
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsState / local levelEndowed supportGala fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1844 Wayzata Blvd
Long Lake, MN 55356
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
oronofoundation.org/ 
Phone
(952) 545-6873
IRS details
EIN
41-1974305
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Orono Foundation for Education has new information, or want to find more organizations like Orono Foundation for Education?

Create free Cause IQ account