MINNESOTA STATE UNIVERSITY MANKATO FOUNDATION INCORPORATED
EIN 41-6033423 MANKATO, MN
- Revenue 2024
- $30,343,857
- Expenses 2024
- $9,131,149
Program services were 75.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B110
- Classification
- 1000
- Street
- 224 ALUMNI FOUNDATION CTR
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
MAVERICK REAL ESTATE FOUNDATION INC
EIN 39-2246464
Mission and programs · 2024
Mission
MINNESOTA STATE UNIVERSITY, MANKATO FOUNDATION, INC. IS DEDICATED TO SECURING PRIVATE GIFTS AND GRANTS TO BENEFIT MINNESOTA STATE UNIVERSITY, MANKATO. EACH YEAR, THOUSANDS OF GENEROUS BENEFACTORS MAKE GIFTS TO HELP STUDENTS, FACULTY AND PROGRAMS AT THIS UNIVERSITY. THE FOUNDATION'S MISSION IS TO ENHANCE THE UNIVERSITY'S ABILITY TO ACHIEVE ITS MISSION BY ENCOURAGING AND STEWARDING SUSTAINED PHILANTHROPIC SUPPORT FROM ALUMNI AND FRIENDS. THE FOUNDATION OPERATES WITH RESPONSIBLE STEWARDSHIP, INTEGRITY, TRANSPARENCY AND TRUST, PROVIDES LEADERSHIP, ADVOCACY AND SUPPORT OF THE UNIVERSITY'S STRATEGIC PRIORITIES, PROVIDES SUPPORT FOR EDUCATIONAL ACCESS AND FOR ENRICHING EXPERIENCES FOR STUDENTS, AND PROVIDES LEADERSHIP IN PROMOTING AND ENGAGING DONOR PASSION.
Activities or mission (Part I)
TO ENHANCE MINNESOTA STATE UNIVERSITY, MANKATO'S ABILITY TO ACHIEVE ITS MISSION.
-
THROUGH A ROBUST INVESTMENT OUR ORGANIZATION EMPOWERS BOTH STUDENTS AND STAFF BY FACILITATING HANDS ON LEARNING EXPERIENCES RANGING FROM CONFERENCES AND CONVENTIONS TO WORKSHOPS, MEETINGS AND GUEST SPEAKERS. THIS SUPPORT IS DEEPLY ALIGNED WITH MINNESOTA STATE UNIVERSITY, MANKATO'S MISSION TO FOSTER HIGH IMPACT EXPERIENCES, CONTINUOUS LEARNING AND HANDS-ON GROWTH. PROFESSIONAL DEVELOPMENT OPPORTUNITIES ARE DESIGNED TO FOSTER COLLABORATION AND INNOVATION WHILE EMPOWERING STUDENTS AND STAFF TO EXPAND THEIR EXPERTISE AND ADAPT IN A RAPIDLY CHANGING WORLD. BY INVESTING IN INNOVATIVE PROGRAMS AND PROFESSIONAL DEVELOPMENT, WE ENSURE THAT EVERY MAVERICK HAS THE OPPORTUNITY TO LEARN BY DOING, GROW AS A LEADER, AND CONTRIBUTE MEANINGFULLY TO THEIR FIELD AND COMMUNITY.
Expenses $2,899,260
-
A CORE VALUE OF OUR ORGANIZATION IS MAKING A HIGH-QUALITY EDUCATION AFFORDABLE AND ACCESSIBLE FOR ALL. DONOR GENEROSITY DIRECTLY FUNDS SCHOLARSHIPS, GRANTS, AND OTHER AWARDS THAT REDUCE FINANCIAL BARRIERS FOR STUDENTS. OUR COMMITMENT TO AFFORDABILITY MEANS MORE STUDENTS CAN PURSUE THEIR DREAMS, GRADUATE WITH LESS DEBT, AND ACCESS THE LIFE-CHANGING OPPORTUNITIES THAT OUR MINNESOTA STATE UNIVERSITY, MANKATO EDUCATION PROVIDES. EVERY GIFT HELPS OPEN DOORS FOR TALENTED STUDENTS FROM ALL BACKGROUNDS, ENSURING THAT COST IS NEVER A BARRIER TO EXCELLENCE.
Expenses $2,886,044 · Grants $2,886,044
-
OUR ORGANIZATION INVESTED FUNDS TO MAKE POSSIBLE THE TRANSFORMATIONAL EXPERIENCES THAT DEFINE A MINNESOTA STATE UNIVERSITY, MANKATO EDUCATION. THIS SUPPORT SPANS A DIVERSE ARRAY OF PROGRAMS AND INITIATIVES INCLUDING $570,813 TO BOLSTER UNIVERSITY ATHLETIC PROGRAMS WHICH IS FUELING STUDENT-ATHLETE SUCCESS; $150,000 TO STRENGTHEN THE CENTER FOR RURAL BEHAVIORAL HEALTH BY EXPANDING VITAL SERVICES; $105,331 TO PROVIDE EQUIPMENT AND FACILITIES FOR ATHLETICS, IMPROVING TRAINING AND COMPETITION ENVIRONMENTS; $74,240 FUELED THE MAVERICK INNOVATION GATEWAY, FOSTERING ENTREPRENEURSHIP AND INNOVATION; $68,000 POWERED THE MAVERICK REC N READ PROGRAM, PROMOTING LITERACY AND WELLNESS; $59,406 SUSTAINED UNIVERSITY AUXILIARY PROGRAMS, ENSURING OPERATIONAL EXCELLENCE; $41,543 SUPPORTED THEATRE AND DANCE PROGRAMS, BRINGING CREATIVE EXPRESSION TO CAMPUS; $11,698 TO ENHANCE FACILITIES FOR ACADEMIC PROGRAMS, CREATING SPACES FOR LEARNING AND DISCOVERY; AND $8,800 TO ADVANCE THE UNIVERSITY'S MUSIC PROGRAMS, NURTURING ARTISTIC TALENT.FROM IMMERSIVE LEARNING IN THE CLASSROOM TO LEADERSHIP ROLES, COMMUNITY ENGAGEMENT, AND GLOBAL STUDY OPPORTUNITIES, PHILANTHROPIC SUPPORT TURNS POTENTIAL INTO ACHIEVEMENT. EACH GRANT REFLECTS THE ORGANIZATION'S DEDICATION TO CULTIVATING OPPORTUNITY, EXCELLENCE, AND COMMUNITY IMPACT ACROSS MINNESOTA STATE UNIVERSITY, MANKATO.
Expenses $1,089,831 · Grants $1,089,831
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Kirsten VossKIRSTEN VOSS
BOARD VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 0.6
-
Rodney BrownRODNEY BROWN
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.6
-
Todd LoosbrockTODD LOOSBROCK
TREASURER
- Total calculated
- $0
- Hours/week
- 0.6
-
Jay AdamsJAY ADAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Brett AndersonBRETT ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mona AskalaniMONA ASKALANI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Allan BohlkeALLAN BOHLKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.4
-
Melissa BradleyMELISSA BRADLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Craig GomezCRAIG GOMEZ
DIRECTOR THRU 05/25
- Total calculated
- $0
- Hours/week
- 0.3
-
Rachel HassasRACHEL HASSAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Barbara HubbardBARBARA HUBBARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.4
-
Timothy HuebschTIMOTHY HUEBSCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Lisa HylandLISA HYLAND
DIRECTOR THRU 05/25
- Total calculated
- $0
- Hours/week
- 0.3
-
Eric JohnsonERIC JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Angela JusticeANGELA JUSTICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Kamal KaramKAMAL KARAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Barb KausBARB KAUS
DIRECTOR THRU 05/25
- Total calculated
- $0
- Hours/week
- 0.3
-
Todd KelzenbergTODD KELZENBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Christine LantinenCHRISTINE LANTINEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Susan MichaletzSUSAN MICHALETZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Daniel MundahlDANIEL MUNDAHL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Karen OberleKAREN OBERLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Michelle SchooffMICHELLE SCHOOFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Jennifer SpaudeJENNIFER SPAUDE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.4
-
Chad TischerCHAD TISCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.4
The first 25 listed. 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $30,343,857
- Expenses
- $9,131,149
- Contributions
- $22,527,311
- Grants paid
- $3,975,875
-
2023
- Revenue
- $16,316,150
- Expenses
- $7,257,034
- Contributions
- $12,245,036
- Grants paid
- $4,019,338
-
2022
- Revenue
- $7,880,381
- Expenses
- $6,221,910
- Contributions
- $7,600,826
- Grants paid
- $3,282,070
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $9,285,148
- Expenses
- $7,531,061
- Assets (EOY)
- $77,015,205
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $15,243,614
- Expenses
- $9,705,209
- Assets (EOY)
- $85,675,162
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- $9,663,782
- Expenses
- $6,846,305
- Assets (EOY)
- $67,577,762
-
2018 · 990
- Revenue
- $8,513,698
- Expenses
- $7,828,270
- Assets (EOY)
- $67,583,531
-
2017 · 990
- Revenue
- $10,963,272
- Expenses
- $7,803,299
- Assets (EOY)
- $67,537,592
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
MINNESOTA STATE UNIVERSITY
$2,606,817
2024 TO ASSIST THE UNIVERSITY IN AWARDING STUDENT SCHOLARSHIPS
-
MINNESOTA STATE UNIVERSITY
$2,388,474
2023 TO ASSIST THE UNIVERSITY IN AWARDING STUDENT SCHOLARSHIPS
-
MINNESOTA STATE UNIVERSITY
$2,226,680
2022 TO ASSIST THE UNIVERSITY IN AWARDING STUDENT SCHOLARSHIPS
-
MINNESOTA STATE UNIVERSITY
$1,602,039
2023 ASSISTING THE UNIVERSITY WITH PROGRAM RELATED COSTS AND PROMOTING THE UNIVERSITY, INCLUDING ATHLETIC TALENT GRANTS.
-
MINNESOTA STATE UNIVERSITY
$1,343,108
2024 ASSISTING THE UNIVERSITY WITH PROGRAM RELATED COSTS AND PROMOTING THE UNIVERSITY, INCLUDING ATHLETIC TALENT GRANTS.
-
MINNESOTA STATE UNIVERSITY
$1,037,030
2022 ASSISTING THE UNIVERSITY WITH PROGRAM RELATED COSTS AND PROMOTING THE UNIVERSITY, INCLUDING ATHLETIC TALENT GRANTS.
Grants received
-
2023 GENERAL SUPPORT
-
2024 GENERAL SUPPORT
-
$200,000
2023 WORKFORCE DEVELOPMENT
-
$200,000
2022 SCHOLARSHIP ENDOWMENT
-
$200,000
2024 WORKFORCE DEVELOPMENT
-
2024 For grant recipient's exempt purposes
-
$102,766
2023 Program assistance
-
$94,950
2022 Program assistance
-
2022 For grant recipient's exempt purposes
-
2023 For grant recipient's exempt purposes
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared as related by
-
WESTERN COLLEGIATE HOCKEY ASSOCIATION
On its 2023 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
MAVERICK PHILANTHROPIC PROPERTIES LLC
CREATED TO HOLD PROPERTY FOR FOUNDATION · MN · income $0 · assets $1,503,547
-
MAVERICK REAL ESTATE FOUNDATION INC
RECEIVE, PURCHASE, DEVELOP AND HOLD REAL ESTATE FOR THE BENEFIT OF THE UNIV · MN · income $0 · assets $0
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.