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. 92 publicly reported grants to this organization, totaling roughly $21.4M, appear in IRS filings.

EIN: 410747165 MANKATO, MN Latest filing: 2025
Total Revenue$36.3M
Total Expenses$35.5M
Total Assets$120.3M
Grant Records92
Funding Total$21.4M
Filing Years2021–2025

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.

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

religious land and buildings
$18,697,500 6 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$833,250 2 grants
For grant recipient's exempt purposes
$447,870 9 grants
GROWTH
$212,500 8 grants
GENERAL SUPPORT
$190,772 14 grants

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.

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