Minnesota West Foundation

Organization Overview

Minnesota West Foundation is located in Canby, MN. The organization was established in 1984. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota West Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Minnesota West Foundation generated $645.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $531.6k during the year ending 06/2023. While expenses have increased by 8.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE INDIVIDUAL SCHOLARSHIPS & PROMOTE DEVELOPMENT OPPORTUNITIES AT MINNWEST COMMUNITY COLLEGE

Describe the Organization's Program Activity:

Part 3 - Line 4a

STUDENTS PURSUING THEIR EDUCATIONAL GOALS AT THE FIVE MINNESOTA WEST COMMUNITY AND TECHNICAL COLLEGE CAMPUSES RECEIVED FINANCIAL ASSISTANCE IN THE FORM OF MINNESOTA WEST SCHOLARSHIPS.


SUPPORT OF COLLEGE AND RELATED PROGRAMS: MONIES USED TO PROMOTE MINNESOTA WEST COLLEGE THROUGH THE FUNDING FOR FACILITIES AND RELATED IMPROVEMENTS TO BE USED TO RECRUIT OUTSTANDING INDIVIDUALS TO ATTEND MINNESOTA WEST COLLEGES.


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Board, Officers & Key Employees

Name (title)Compensation
Larry Griffin
Chairman
$0
Lori Sisk
Vice Chair/chair
$0
Natalie Resch
Director/vice Chair
$0
Cliff Vrieze
Treasurer
$0
Julie Denhoff
Director/treasurer
$0
Katie Gillette
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$519,053
Noncash contributions included in lines 1a–1f $141,610
Total Revenue from Contributions, Gifts, Grants & Similar$519,053
Total Program Service Revenue$0
Investment income $48,215
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$10,542
Net Gain/Loss on Asset Sales $42,463
Net Income from Fundraising Events $9,081
Net Income from Gaming Activities $11,077
Net Income from Sales of Inventory $23,711
Miscellaneous Revenue$0
Total Revenue $645,817

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