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Fergus Area College Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 416054755 ✦ Fergus falls, MN ✦ Designated as a 501(c)(3)

Overview

What is Fergus Area College Foundation?

The Fergus Area College Foundation is a charitable organization based in Fergus Falls, Minnesota. Situated at 1414 College Way, this nonprofit is dedicated to supporting the Minnesota State Community and Technical College (MSCTC) in Fergus Falls. Their primary mission is to provide financial assistance and advocacy for the institution's growth and development. Through scholarships, the Foundation helps MSCTC students cover their educational expenses, with awards ranging from $500 to $5,000. This philanthropic organization plays a crucial role in fostering the academic success of MSCTC students.


Official website here: www.facfmstate.org

Is Fergus Area College Foundation legitimate?

Fergus Area College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fergus Area College Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.facfmstate.org

What is the mission statement of Fergus Area College Foundation?

The Fergus Area College Foundation, a charitable organization, is dedicated to providing financial resources and advocacy for the development and advancement of Minnesota State Community and Technical College (MSCTC) in Fergus Falls. Its mission is to support the college financially and advocate for its growth. The foundation offers scholarships to MSCTC students to help cover their educational expenses, with awards ranging from $500 to $5000.


Official website here: www.facfmstate.org

Who is the CEO of Fergus Area College Foundation?

Lanny Hendrickson is the Treasurer of Fergus Area College Foundation.


Official website here: www.facfmstate.org

What is the revenue of Fergus Area College Foundation?

Fergus Area College Foundation's revenue in 2023 was $636,942.


Official website here: www.facfmstate.org

Who are the executives of Fergus Area College Foundation and what are their salaries?

Here are 11 key members and their salaries:

    Mackenzie Barry (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Lundeen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kent Mattson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lanny Hendrickson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Walls (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail Hedstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Rendz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wally Senyk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin Smith (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Stanislawski (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peg Kalar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.facfmstate.org

    Where can I find the form 990 for Fergus Area College Foundation?

    The Fergus Area College Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.facfmstate.org

    Learn more at the official website: www.facfmstate.org

    Mission Statement of Fergus Area College Foundation

    The Fergus Area College Foundation, a charitable organization, is dedicated to providing financial resources and advocacy for the development and advancement of Minnesota State Community and Technical College (MSCTC) in Fergus Falls. Their mission is to support the college financially and through advocacy, aiming to foster its growth and progress. The foundation offers scholarships to MSCTC students to help alleviate their educational expenses. These scholarships range from $500 to $5,000, providing valuable financial assistance to students pursuing their education.

    Impact

    This information is meant to be a general summary of Fergus Area College Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Fergus Area College Foundation's impact is significant in providing financial resources and advocacy for the development and advancement of Minnesota State Community and Technical College, Fergus Falls. Through scholarships provided to MSCTC students, the foundation helps defray their educational expenses, with awards ranging from $500 to $5000. This support plays a crucial role in enabling students to access higher education and advance their academic and career goals.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $242,344
  • Program Service Revenue: $0
  • Gross Receipts: $636,942

    • Assets and Liabilities:
  • Total Assets: $7,038,384
  • Total Liabilities: $0
  • Net Assets: $7,038,384
  • Organization Details

    Founding Year

    1966

    Principal Officer

    Lanny Hendrickson

    Main Address

    1414 COLLEGE WAY, FERGUS FALLS, MN, 56537

    NTEE Category

    Code: B41I - Education

    If you are a representative of Fergus Area College Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.