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Schola Foundation

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

EIN: 510144999 ✦ Mankato, MN ✦ Designated as a 501(c)(3)

Overview

What is Schola Foundation?

The Schola Foundation is a nonprofit organization based in Mankato, Minnesota, specifically at 145 Good Counsel Drive. Its primary mission is to offer financial aid to the Catholic schools located in the Mankato area. Currently, this assistance is provided to Loyola Catholic School, encompassing pupils from pre-K through 12th grade. The foundation's activities are focused on supporting education within the Mankato community.


Official website here: www.scholafoundation.org

Is Schola Foundation legitimate?

Schola Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schola 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.scholafoundation.org

What is the mission statement of Schola Foundation?

The Schola Foundation's mission is centered around providing financial aid to Catholic schools within the Mankato area. Currently, this assistance is extended to Loyola Catholic School, catering to students from preschool to the 12th grade, thereby supporting educational initiatives in the community.


Official website here: www.scholafoundation.org

Who is the CEO of Schola Foundation?

Larry Krmpotich is the President of Schola Foundation.


Official website here: www.scholafoundation.org

What is the revenue of Schola Foundation?

Schola Foundation's revenue in 2022 was $1,251,467.


Official website here: www.scholafoundation.org

Who are the executives of Schola Foundation and what are their salaries?

Here are 16 key members and their salaries:

    Larry Krmpotich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dough Helget (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shirley Piepho (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Mocol (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregg Anderson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sister Mary Kay Gosch (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Fink (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nathan Gruenzer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Haefner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jo Baily (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Gaspar (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Cass (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Schaefer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Brady (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Zins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Vetter (Advisory Mem) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.scholafoundation.org

    Where can I find the form 990 for Schola Foundation?

    The Schola Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.scholafoundation.org

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

    Mission Statement of Schola Foundation

    The Schola Foundation, a non-profit organization, is committed to providing financial assistance to Catholic schools within the Mankato area. Its mission is centered around supporting the educational needs of these institutions, currently extending aid to Loyola Catholic School, catering to students from pre-K through 12th grade. This support serves as a vital resource, enabling these schools to continue their educational endeavors and provide quality education to their students.

    Impact

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




    Saturday, July 20, 2024

    Schola Foundation's impact is focused on providing financial assistance to Mankato Area Catholic Schools, particularly Loyola Catholic School from pre-Kindergarten through 12th grade in Mankato, MN. This support helps ensure that students have access to a quality education within the Catholic school system. Through its mission of providing financial aid, Schola Foundation plays a crucial role in enhancing educational opportunities and promoting academic success for students in the Mankato area.





    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 2022.

  • Investment Income: $458,058
  • Program Service Revenue: $38,893
  • Gross Receipts: $1,251,467

    • Assets and Liabilities:
  • Total Assets: $12,527,773
  • Total Liabilities: $3,575,658
  • Net Assets: $8,952,115
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SCHOOL BUILDING AND LAND

    Revenue

    $38,893

    Organization Details

    Founding Year

    1975

    Principal Officer

    Larry Krmpotich

    Main Address

    145 GOOD COUNSEL DRIVE, MANKATO, MN, 56001

    NTEE Category

    Code: B24C - Education

    If you are a representative of Schola 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.