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EIN 51-0144999

Schola Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Mankato
State
Minnesota
Year formed
1975
Most recent tax filings
2023-06-01
NTEE code, primary
B12: Education Fund Raising and Fund Distribution
Description
To provide financial assistance for loyola catholic schools in mankato, Minnesota. To provide financial assistance to mankato area catholic schools. See page 2, part iii, line 1.
Total revenues
$917,272
2023
Total expenses
$1,274,566
2023
Total assets
$11,887,333
2023
Num. employees
0
2023

Program areas at Schola Foundation

Mankato area catholic schools - educational support in the form of financial assistance currently to loyola catholic school pre k through 12th grade.
Park dedication fee to the city of mankato.
Provide financial assistance to a local nonprofit.

Grants made by Schola Foundation

GranteeGrant descriptionAmount
Loyola Catholic SchoolsFinancial Assistance$1,052,806

Who funds Schola Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Catholic Community Foundation of Minnesota (CCF)Campaign Gift$10,000

Personnel at Schola Foundation

NameTitleCompensation
Jon MocolTreasurer$0
Doug HelgetVice President$0
Larry KrmpotichPresident$0
Shirley PiephoSecretary$0
Amy OrcuttVice President$0

Financials for Schola Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$747,810
Program services$0
Investment income and dividends$167,389
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$2,073
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$917,272

Form 990s for Schola Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-01-31990View PDF
2022-062023-02-27990View PDF
2021-062022-05-13990View PDF
2020-062021-05-25990View PDF
2019-062021-01-28990View PDF
...and 9 more Form 990s
Data update history
May 21, 2024
Updated personnel
Identified 1 new personnel
February 3, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Catholic Community Foundation of Minnesota (CCF)
November 27, 2023
Updated personnel
Identified 5 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
145 Good Counsel Dr
Mankato, MN 56001
Metro area
Mankato, MN
County
Blue Earth County, MN
Website URL
scholafoundation.org/ 
Phone
(507) 388-0617
IRS details
EIN
51-0144999
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B12: Education Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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