Mission
BETHANY LUTHERAN COLLEGE PROVIDES CHRISTIAN HIGHER EDUCATION IN A CHALLENGING ACADEMIC ENVIRONMENT WHERE PERSONAL MENTORING GUIDES STUDENTS TO PURSUE KNOWLEDGE, TRUTH, AND DISCERNMENT FOR PRODUCTIVE AND FULFILLING LIVES.
Public Charity
BETHANY LUTHERAN COLLEGE INC
BETHANY LUTHERAN COLLEGE INC is a Public Charity headquartered in MANKATO, MN. Financial data from the 2025 filing: $36.3M revenue, $35.5M expenses, $120.3M total assets. 97 publicly reported grants to this organization, totaling roughly $21.5M, appear in IRS filings.
EIN: 410747165
MANKATO, MN
Two-Year Colleges
NTEE: B41
Latest filing: 2025
Total Revenue$36.3M
Total Expenses$35.5M
Total Assets$120.3M
Grant Records97
Funding Total$21.5M
Filing Years2021–2025
Where $100 goes at Bethany Lutheran College Inc
How Bethany Lutheran College Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$89
Programs
the work itself
$8
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $89 for programs
$49
Instruction
$22
Student services & academic support
$9
Auxiliary enterprises at Bethany Lutheran College provides four residence halls on campus, one dining venue, and a spirit store for students, faculty and staff
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$23,759
GENERAL SUPPORT
$9,897
GENERAL SUPPORT
$9,554
religious land and buildings
$2,932,500
SUPPORT CHARITABLE PURPOSE
$100,000
Showing up to 5 of 97 total records — full history available with membership.
Officers & Directors
SENIOR VP OF FIN & ADMIN/TREASURER
Daniel L Mundahl
REGENT
Dr Adam Braisch
REGENT
Dr Daniel Hartwig
COLLEGE PRESIDENT
Dr Gene R Pfeifer
REGENT
Dr Joshua Mears
REGENT
Mr Aaron Faugstad
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $36.3M | $35.5M | $120.3M |
| 2024 | $37.1M | $36.0M | $117.3M |
| 2023 | $33.9M | $33.2M | $113.0M |
| 2022 | $36.6M | $33.3M | $102.7M |
| 2021 | $41.8M | $30.6M | $109.3M |
Between 2021 and 2025, reported annual revenue declined from $41.8M to $36.3M (-13%), with total assets most recently reported at $120.3M.
Interactive year-over-year charts and full filing details available with membership.