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Minnesota Private College Fund

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

EIN: 510166951 ✦ St paul, MN ✦ Designated as a 501(c)(3)

Overview

What is Minnesota Private College Fund?

The Minnesota Private College Fund is a distinguished nonprofit organization situated in St. Paul, Minnesota. Its primary mission is to distribute financial aid to 17 private colleges within the state, supporting both the institutions and their students. This financial assistance takes the form of operating funds for the colleges and scholarships for enrolled students. To achieve this, the fund actively seeks philanthropic contributions from corporations, foundations, and other entities. Each member college contributes annual dues, covering the fund's administrative and operational expenses. The Minnesota Private College Fund plays a vital role in addressing the shared needs of its members, ensuring the continued success of its associated colleges and the students they educate.


Official website here: www.mnprivatecolleges.org

Is Minnesota Private College Fund legitimate?

Minnesota Private College Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Private College Fund 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: $33,000
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mnprivatecolleges.org

What is the mission statement of Minnesota Private College Fund?

The Minnesota Private College Fund serves the shared needs of its member institutions by proactively seeking philanthropic support from corporations, foundations, and other entities. This philanthropic support benefits the member colleges and universities, as well as the students they educate. The fund distributes this financial support directly to the 17 member institutions in the form of general operating funds and to students enrolled in these institutions through scholarship programs. Each member institution pays annual dues to the Minnesota Private College Fund, which covers all its general overhead, fundraising, and administrative expenses.


Official website here: www.mnprivatecolleges.org

Who is the CEO of Minnesota Private College Fund?

Paul D Cerkvenik is the Director of Minnesota Private College Fund. The CEO's salary of Minnesota Private College Fund is $0 and their total compensation is $444,969.


Official website here: www.mnprivatecolleges.org

What is the revenue of Minnesota Private College Fund?

Minnesota Private College Fund's revenue in 2023 was $1,966,152.


Official website here: www.mnprivatecolleges.org

Who are the executives of Minnesota Private College Fund and what are their salaries?

Here are 33 key members and their salaries (Minnesota Private College Fund's CEO's salary is $0 and their total compensation is $444,969):

    Paul D Cerkvenik (President And Ceo)
  • Compensation: $0
  • Related: $373,492
  • Other: $71,477

    • Stacey Holland (Chief Financial Officer)
  • Compensation: $0
  • Related: $106,191
  • Other: $36,642

    • Ross Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David R Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Alison Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Buress (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev James P Burns Ivd Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alison Byerly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christoppher Dolan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Eich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Friedrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ajay Gupta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Corbin Hoornbeek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Houser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Loritz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Mcdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fayneese Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Mogensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Morin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregg Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gene Pfeifer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Suzanne Rivera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Koenig Roloff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Rundell Singer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sanjit Sethi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Vischer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angie Wordell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Bergman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Cooney (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Craft (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mnprivatecolleges.org

    Where can I find the form 990 for Minnesota Private College Fund?

    The Minnesota Private College Fund’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.mnprivatecolleges.org

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

    Mission Statement of Minnesota Private College Fund

    The Minnesota Private College Fund serves the shared needs of its member institutions by actively seeking philanthropic support from corporations, foundations, and other entities. This nonprofit organization's mission is to benefit its member colleges and universities, as well as the students they educate, by utilizing the donated funds. By doing so, the Minnesota Private College Fund aims to provide financial assistance to its 17 member private colleges, directly supporting both the institutions and the students enrolled in them through scholarships. Each year, each member institution pays annual dues to the Minnesota Private College Fund, which covers all the fund's general overhead, fundraising, and administrative expenses, ensuring that every dollar raised goes directly towards its intended purpose.

    Impact

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




    Saturday, July 20, 2024

    The Minnesota Private College Fund's impact lies in its distribution of financial support for the 17 member private colleges, their students, and fund-operated scholarship programs that support students at member private colleges. Every dollar raised through fundraising goes directly to the member institutions in the form of general operating support and to students enrolled in member institutions in the form of scholarships. This allows the fund to directly benefit the member colleges and their students, ensuring the sustainability and success of higher education within the state of Minnesota.





    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: $184
  • Program Service Revenue: $315,164
  • Gross Receipts: $1,966,152

    • Assets and Liabilities:
  • Total Assets: $2,945,928
  • Total Liabilities: $401,429
  • Net Assets: $2,544,499
  • Programs

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

    QUARTERLY ASSESSMENTS

    Revenue

    $315,164

    Organization Details

    Founding Year

    1975

    Principal Officer

    Paul D Cerkvenik

    Main Address

    445 MINNESOTA STREET 500, ST PAUL, MN, 55101

    NTEE Category

    Code: B124 - Education

    If you are a representative of Minnesota Private College Fund 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.