Form 990 for tax year 2023

Totals

Total revenue

$278,001

Total expenses

$312,629

Contributions and grants received

$245,837

Grants paid

$279,709

Program service revenue

$0

Investment income

$3,407

Other revenue

$28,757

Total assets, end of year

$1,480,770

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$1,480,770

Program services expenses (Part IX)

$294,617

Management and general expenses

$14,088

Fundraising expenses

$3,924

Program service expenses (Part III)

$294,617

Program services were 94.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• The Foundation provided grants to organizations that focus on promoting healthy lifestyles and wellness in the community. In addition, money is provided to South Central College to award as scholarships to nursing students in their respective programs.The Foundation provided scholarships to area Mankato Clinic employees who are students starting or advancing health care education programs at the college level. Five direct scholarships were awarded.

  Expenses $242,615 · Grants $248,200

• The Foundation assists with health education projects including Educare, car seat safety, and Impact Program.Educare is a non-profit, public entity which provides financial support to Mankato Area Public Schools, beyond the normal operating budgets, for programs and activities that enhance educational opportunities for all students. Through this funding we enable teachers to explore new ways to expand a world of learning for their students.The car seat safety program provides on-going, free of charge car seat safety lessons open to the public. This class helps parents avoid mistakes that can put their children at risk. The classes are taught by certified National Highway Transportation Safety Administration technicians. This program serves 100 - 200 families each year. The Impact Program provides special software which can evaluate possible sports related head injuries in high school athletes. This program is utilized at nine schools and one youth hockey league. This program serves approximately 1,700 student athletes per year.

  Expenses $31,506 · Grants $25,000

• The Foundation provided scholarships to area Mankato Clinic employees who are students starting or advancing health care education programs at the college level. Five direct scholarships were awarded.

  Expenses $6,509 · Grants $6,509

• The Mental Health First Aid is a program in which a care managers who is certified in mental health first aid teaches a class to local businesses and organizations about how to handle situations in which someone is dealing with mental health issues in the work place.

  Expenses $13,987

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

• First Steps

  $42,125

  clinical social worker

• Wellshare International

  $30,000

  To help assist WellShare International deploy Community Health Workers in communities to work with patients who struggle with access to resources due to social, racial, cultural, economic or other factors.

• Educare

  $25,000

  Educare is a non-profit, public entity which provides financial support to Mankato Area Public Schools, beyond the normal operating budgets, for programs and activities that enhance educational opportunities for all students. Through this funding, we enable teachers to explore new ways to expand a world of learning for their students.

• Mankato Youth Place

  $20,000

  A Safe Place for kids to learn and grow

• South Central College

  $20,000

  Scholarships

• Greater Mankato Area United Way

  $12,500

  clinical social worker

• Mankato-North Mankato Youth Football

  $6,000

  Football Helmet Sponsorship: In the next 5 years, the organization will need to purchase 100 new helmets every year at $150 per helmet.

• JZ Cancer Fund

  $6,000

  Fund Scholarship under the Johnathon Zeirt Cancer fund

Provenance

Return type

form_990

Tax year

2023

Filed

21 October 2024

IRS schema version

2023v5.1

Source object

202403029349301320

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