Hastings Public Schools Foundation

Organization Overview

Hastings Public Schools Foundation is located in Hastings, MN. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hastings Public Schools 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 12/2022, Hastings Public Schools Foundation generated $62.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $20.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (21.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE HASTINGS PUBLIC SCHOOLS FOUNDATION IS TO ENRICH EDUCATIONAL EXPERIENCES WITHIN THE HASTINGS, MINNESOTA PUBLIC SCHOOLS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION'S MAIN FOCUS HAS BEEN TO BUILD AN INITIAL 1 MILLION PERMANENT ENDOWMENT FUND. AS OF DECEMBER 31, 2004, THE FUND BALANCE SURPASSED THE INITIAL 1 MILLION GOAL. THE FUND WILL BE INVESTED SO AS TO PRESERVE ITS CAPITAL AND GENERATE STEADY INCOME AND LONG-TERM GROWTH. BEGINNING IN 2005 A PORTION OF THE INCOME IS BEING DISBURSED TO DISTRICT 200 EDUCATORS FOR PROGRAMS THAT PROMOTE AND ENHANCE EDUCATIONAL OPPORTUNITIES IN THE HASTINGS, MINNESOTA, PUBLIC SCHOOLS. SPECIFIC PROGRAM EXPENSES FOR 2022 INCLUDED SCHOLARSHIPS OF 12,950.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Leon Endres
Board Member
$0
Dr Chris Johnston
Board Member
$0
Jean Langlais
Treasurer/se
$0
Rita Molitor
Board Member
$0
Jake Moore
Board Member
$0
Leslie Nielsen
Vice Preside
$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$26,941
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$26,941
Total Program Service Revenue$0
Investment income $35,303
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $62,244

Peer Organizations

Organization NameAssets
Rsm Us Foundation
Davenport, IA
$11,436,513
Team Makers Club Inc
Fargo, ND
$8,782,669
Bentson Foundation
Wayzata, MN
$5,750,800
Sc Johnson Giving Inc
Racine, WI
$1,106,833
Agustin A Ramirez Jr Family Foundation
Milwaukee, WI
$1,751,494
Central States Fair
Rapid City, SD
$5,730,392
Katherine Wells Macmillan Foundation
Minneapolis, MN
$41,837,081
Pleasant T Rowland Foundation
Brookfield, WI
$2,310,663
Valley Senior Living
Grand Forks, ND
$4,153,857
C H Robinson Worldwide Foundation
Sioux Falls, SD
$5,779,511
Peo Sisterhood International Chapter
Des Moines, IA
$5,789,881
Hemophilia Outreach Of Wisconsin Inc
Green Bay, WI
$6,627,422
South Dakota Partners In Education
Sioux Falls, SD
$3,270,263
Delta Dental Of Wisconsin Foundation Inc
Stevens Point, WI
$4,703,850
Tee It Up For The Troops Inc
Burnsville, MN
$3,132,697
Herb Kohl Educational Foundation Inc
Milwaukee, WI
$3,201,135
Ab Nicholas Scholarship Foundation
Mequon, WI
$6,013,180
Kellogg Programs Inc
Milwaukee, WI
$1,209,744
Bright Foundation
Urbandale, IA
$2,210,641
Wasie Foundation
Wayzata, MN
$270,492
Ndscs Foundation
Wahpeton, ND
$8,834,482
Ruth And Pat Crawford Family Foundation Inc
Milwaukee, WI
$5,173
Peo Sisterhood International Chapter
Des Moines, IA
$2,632,499
District 882 Educational And Scholarship Foundation
Monticello, MN
$153,417
Wisconsin Hispanic Scholarship Foundation Inc
Milwaukee, WI
$3,137,606

Create an account to unlock the data you need.

or