South St Paul Educational Foundation
- Assets
- $10.1m
- Revenue
- -$741.8k
- Investments
- $0.0
- Employees
- 3
- Location
- South St Paul, MN
- Founding
- 10/1984
- Data as of
- 06/2022
- EIN
- 41-1494597
Organization Overview
South St Paul Educational Foundation is located in South St Paul, MN. The organization was established in 1984. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2022, South St Paul Educational Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South St Paul Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE SOUTH ST. PAUL EDUCATIONAL FOUNDATION IS TO INVEST IN THE EDUCATION OF PRESENT AND FUTURE GENERATIONS OF SOUTH ST. PAUL SCHOOL DISTRICT STUDENTS BY PROVIDING SCHOLARSHIPS AND SUPPLEMENTAL CLASSROOM PROGRAM FUNDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOUTH ST. PAUL EDUCATIONAL FOUNDATION (SSPEF) HAS PROVIDED FUNDING FOR THE FOLLOWING DURING THE FISCAL YEAR 2021-2022. ON MAY 11TH THE SSPEF AWARDED SCHOLARSHIPS TOTALING 466,500 TO 133 SOUTH ST. PAUL GRADUATING SENIORS. 100% OF THE STUDENTS WHO APPLIED FOR A SCHOLARSHIP RECEIVED ONE. THESE SCHOLARSHIPS COVERED A WIDE RANGE OF DOLLAR AMOUNTS AND WERE GIVEN TO STUDENTS ATTENDING 4-YEAR, 2 YEAR AND TECHNICAL VOCATIONAL SCHOOLS. SSPEF ALSO PROVIDED PROGRAM FUNDING FOR CLASSROOM ENRICHMENT TOTALING 71,613. THESE PROGRAMS INCLUDED FUNDING FOR A DISTRICT-WIDE GUIDED READING LIBRARY, BOOKS, AN INTERACTIVE STORY WALL, SENSORY PATH, COMPUTER CODING PROGRAM SUBSCRIPTION, AND INTERACTIVE ENGINEERING SETS. THE FOUNDATION ALSO GRANTED FUNDS FOR SPECIAL EDUCATION INCLUDING WEIGHTED BLANKETS AND A SUPPLEMENTARY MATH CURRICULUM TO ASSIST STUDENTS WITH AUTISM. THE ORGANIZATION ALSO FUNDED ALL THE INTERNATIONAL BACCALAUREATE FEES TO SUPPORT THE ENTIRE SOUTH ST. PAUL PUBLIC SCHOOL DISTRICT. THE FOUNDATION'S ANNUAL WALKATHON WAS HELD IN SEPTEMBER WITH STUDENTS, STAFF, AND FAMILIES IN THE COMMUNITY PARTICIPATING. THE WALKATHON FUNDS PROJECTS AND ACTIVITIES IN TEACHER'S CLASSROOMS. THESE MONIES ARE CRITICAL IN PROVIDING ENHANCED OPPORTUNITIES FOR THE STUDENTS OF SOUTH ST. PAUL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cari Vujovich Exec Directo | Officer | 40 | $85,263 |
Nick Brezny Treasurer | Officer | $0 | |
Phil Voigt President | Officer | $0 | |
Beth Skwira Exec Directo | Officer | $0 | |
Glen Birnstengel Director | Trustee | $0 | |
Brenda Applequist Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $56,639 |
| Related organizations | $0 |
| Government grants | $29,742 |
| All other contributions, gifts, grants, and similar amounts not included above | $553,771 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $640,152 |
| Total Program Service Revenue | $0 |
| Investment income | -$1,751,897 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $401,036 |
| Net Income from Fundraising Events | -$31,112 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$741,821 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $450,937 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,263 |
| Compensation of current officers, directors, key employees. | $13,642 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,458 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,432 |
| Payroll taxes | $11,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,536 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,988 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $802 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,866 |
| All other expenses | $9,863 |
| Total functional expenses | $742,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $779,300 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,283 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $9,338,884 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,142,467 |
| Accounts payable and accrued expenses | $109 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $109 |
| Net assets without donor restrictions | $2,157,292 |
| Net assets with donor restrictions | $7,985,066 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,142,467 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that South St Paul Educational Foundation has recieved totaling $40,583.
| Awarding Organization | Amount |
|---|---|
Thomas Birdie And Bette Lowe Charitable Trust Milwaukee, WI PURPOSE: GENERAL OPERATING | $15,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,141 |
American Gift Fund Wilmington, DE PURPOSE: OPERATIONS | $7,250 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $142 |
Lumen Clarke M Williams Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $50 |
Endowment Analysis
| Beg. Balance | $2,220,067 |
| Net Contributions | $200,000 |
| Ending Balance | $2,420,067 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wonderful Foundations Minneapolis, MN | $335,018,950 | $18,325,687 |
Northern School District Tr Nsdt Ashland, WI | $7,100,055 | $19,700,380 |
Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee Des Moines, IA | $75,894,378 | $21,812,028 |
P E O Foundation Des Moines, IA | $140,487,423 | $16,863,604 |
Drexel Funds Milwaukee, WI | $18,531,220 | $8,522,964 |
North Central States Regional Council Of Carpenters Trng Fund Eau Claire, WI | $10,404,488 | $4,232,713 |
Sand County Foundation Inc Madison, WI | $15,482,706 | $6,154,396 |
Life Time Foundation Chanhassen, MN | $2,791,059 | $2,904,635 |
City Forward Collective Inc Milwaukee, WI | $6,717,920 | $2,212,895 |
Via-Bradely College Of Engineering Foundation Sioux Falls, SD | $33,602,136 | $3,151,765 |
Madison Area Technical College Foundation Inc Madison, WI | $19,547,707 | $4,171,287 |
Des Moines Area Community College Foundation Ankeny, IA | $21,577,534 | $4,357,178 |