Public Charity

Mankato Area Foundation

Mankato Area Foundation, of Mankato, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $7.1M in revenue, $5.3M in expenses, $34.4M in total assets. 36 publicly reported grants to this organization, totaling roughly $10.1M, appear in IRS filings.

EIN: 410011094 Mankato, MN Latest filing: 2024
Total Revenue$7.1M
Total Expenses$5.3M
Total Assets$34.4M
Grant Records36
Funding Total$10.1M
Filing Years2020–2024

Mission

The Mankato Area Foundation is a trusted resource that connects donors with causes they care about, provides funding to enhance our region and serves as a collaborative community partner.

Officers & Directors

Director Amanda Heilman
Director Art Westphal
VP of Philanthropy Ashley Eimer
Director Belen Fernandez
Director Bob Beadell
Secretary Brittany King-Asamoa

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$7,454,028 3 grants
PUBLIC, SOCIETAL BENEFIT
$671,400 5 grants
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
$544,893 3 grants
For grant recipient's exempt purposes
$461,000 4 grants
General Operations
$425,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $7.1M $5.3M $34.4M
2023 $5.8M $4.4M $30.0M
2022 $6.3M $3.3M $27.1M
2021 $3.9M $2.7M $27.6M
2020 $3.8M $2.1M $22.6M

Between 2020 and 2024, reported annual revenue grew from $3.8M to $7.1M (+86%), with total assets most recently reported at $34.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Mankato Area Foundation

Complete financials, all 36 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time