Mankato Endowment Association Inc

Organization Overview

Mankato Endowment Association Inc is located in Mankato, KS. The organization was established in 1965. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Mankato Endowment Association Inc 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 12/2023, Mankato Endowment Association Inc generated $58.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $71.2k during the year ending 12/2023. 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

SCHOLARSHIPS AND COMMUNITY HELP

Describe the Organization's Program Activity:

Part 3 - Line 4a

HIGHER EDUCATION SCHOLARSHIPS $ 54,633JEWELL COUNTY HOSPITAL $ 10,000 ENTREPRENEURSHIP & ROZ FUND $ 3,000SOLOMON VALLEY TRANSPORTATION $ 1,000ESBON COMMUNITY CENTER $ 1,000MANKATO VOLUNTEER FIRE DEPT $ 500


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Board, Officers & Key Employees

Name (title)Compensation
Jason Ortman
Trustee
$0
Brian R Shulda
Trustee
$0
Autumn Loomis
Secretarytreasurer
$0
Christina Jeffery
President
$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$31,212
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$31,212
Total Program Service Revenue$0
Investment income $26,892
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 $58,104

Grants Awarded

Over the last fiscal year, Mankato Endowment Association Inc has awarded $15,500 in support to 9 organizations.

Grant RecipientAmount

JEWELL COUNTY HOSPITAL

|

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$10,000

JEWELL COUNTY CINEMA INC

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|

$0

CITY OF ESBON

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|

$0

JEWELL COUNTY ROZ FUND

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|

$3,000

SOLOMON VALLEY TRANSPORTATION

|

|

$1,000

MANKATO CARES INC

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|

$0
View Grant Profile

Peer Organizations

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$2,019,752
Colorado State Patrol Family Foundation
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$2,324,119
The Enrichment Foundation
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$1,989,696
Ozarks Technical Community College Foundation
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$4,000,909
J H Harvey Trust
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$992,162
The Biome Education Group
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$1,393,940
Usa Basketball Foundation
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$1,139,833
Angus Foundation
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$2,315,376
Amy L Scott Family Foundation
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$905,004
Hale Family Foundation
Tulsa, OK
$1,532,936
Paz Family Foundation
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$1,008,241
Ash Grove Charitable Foundation
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$781,433
Nebraska Softball Association
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$950,969
Royale Oaks House Of Hope
Omaha, NE
$524,149
Verne And Bonnie Anderson Charitable Tr
St Louis, MO
$345,407
The Shaughnessy Family Foundation C/O Joseph F Shaughnesy
St Louis, MO
$388,732
Lees Summit Educational Foundation Inc
Lees Summit, MO
$938,648
Arnold Horwitch Family Charitable Foundation
Boulder, CO
$11,400
Mid Kansas Mcc Relief Sale Inc
Hutchinson, KS
$629,914
Pawnee Development Foundation Inc
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$733,760

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