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Filing year 2023

MINNESOTA STATE UNIVERSITY MANKATO FOUNDATION INC

Mankato, Minnesota·EIN 41-6033423·NTEE B110 · Education·501(c)(3)
Total revenue
$16.3M
Total assets
$101.1M
Total expenses
$7.3M
Reported officers
29
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Executive Dir. Thru 06/24
Officer (Unspecified)
$252k
$278k
Base
$207k
Bonus
Other
Benefits
$27k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 28 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MINNESOTA STATE UNIVERSITY MANKATO FOUNDATION INC equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
3%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MINNESOTA STATE UNIVERSITY MANKATO FOUNDATION INC

What are MINNESOTA STATE UNIVERSITY MANKATO FOUNDATION INC's revenue and expenses?

In 2023, MINNESOTA STATE UNIVERSITY MANKATO FOUNDATION INC reported $16.3M in total revenue and $7.3M in total expenses on its IRS Form 990.

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