Alumnae Association Of The College Of St Teresa Teresan Schlrshp Fund
- Assets
- $1.0m
- Revenue
- $659.8k
- Investments
- $529.4k
- Employees
- 0
- Location
- Winona, MN
- Founding
- 03/1990
- Data as of
- 12/2021
- EIN
- 41-1688308
Organization Overview
Alumnae Association Of The College Of St Teresa Teresan Schlrshp Fund is located in Winona, MN. The organization was established in 1990. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alumnae Association Of The College Of St Teresa Teresan Schlrshp Fund 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 12/2021, Alumnae Association Of The College Of St Teresa Teresan Schlrshp Fund generated $659.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.7% each year . All expenses for the organization totaled $331.5k during the year ending 12/2021. While expenses have increased by 20.5% per year over the past 7 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.
Since 2014, Alumnae Association Of The College Of St Teresa Teresan Schlrshp Fund has awarded 810 individual grants totaling $1,191,240. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EDUCATIONAL SCHOLARSHIPS TO 83 STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty Ford President | 4 | $0 | |
Mary Kay Stepanik Mcdermott Vice President | 4 | $0 | |
Mary Frohnauer Treasurer | 4 | $0 | |
Jo Suilman Stejskal Secretary | 4 | $0 | |
Connie Scheid Caine Past President | 4 | $0 | |
Maureen Salmon Speltz Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $502,850 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,408 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $147,516 |
| Capital Gain Net Income | $147,516 |
| Net ST Capital Gain | $2,722 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $659,774 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $962 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $168 |
| Total operating and administrative expenses | $88,125 |
| Contributions, gifts, grants paid | $243,325 |
| Total expenses and disbursements | $331,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $505,721 |
| Savings and temporary cash investments | $10,043 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,179 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,045,173 |
| Accounts payable and accrued expenses | $407 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $407 |
Grants Awarded
Over the last fiscal year, Alumnae Association Of The College Of St Teresa Teresan Schlrshp Fund has awarded $243,325 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
CST BOARD OF DIRECTORS PURPOSE: SCHOLARSHIP | $20,000 |
CLARE BUNTROCK PURPOSE: SCHOLARSHIP | $6,000 |
BARBARA SHANAHAN PURPOSE: SCHOLARSHIP | $6,000 |
PETER FOURNIEA PURPOSE: SCHOLARSHIP | $6,000 |
MARY REISINGER PURPOSE: SCHOLARSHIP | $6,000 |
JENNIFER STANDISH PURPOSE: SCHOLARSHIP | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wacosa Waite Park, MN | $12,140,309 | $9,104,818 |
World Food Prize Foundation Urbandale, IA | $73,712,928 | $6,192,203 |
Chipstone Foundation Milwaukee, WI | $75,856,336 | $12,810,541 |
Johnson Foundation Inc Racine, WI | $58,249,744 | $4,338,703 |
Jeffers Foundation Plymouth, MN | $13,209,879 | $451,010 |
Childrens Museum Of South Dakota Brookings, SD | $7,565,049 | $1,438,522 |
Belwin Conservancy Afton, MN | $13,948,042 | $1,506,492 |
Miracle Ear Foundation Minneapolis, MN | $1,565,051 | $1,538,911 |
On His Path Danville, IA | $274,871 | $641,163 |
Ann Smeltzer Charitable Tr Fort Dodge, IA | $9,572,816 | $1,083,917 |
St Johns Elderly Housing Corporation Eau Claire, WI | $4,250,998 | $912,893 |
Farming For The Future Foundtn Inc Hancock, WI | $15,517,922 | $9,948,061 |