Public Charity

FARIBAULT FOUNDATION INC

FARIBAULT FOUNDATION INC is a nonprofit organization categorized as Public Charity based in FARIBAULT, MN. Its most recent IRS filing (2024) reports revenue of $2.5M, expenses of $381K, total assets of $3.4M. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $632K.

EIN: 411931735 FARIBAULT, MN Latest filing: 2024
Total Revenue$2.5M
Total Expenses$381K
Total Assets$3.4M
Grant Records5
Funding Total$632K
Filing Years2023–2024

Mission

THE FARIBAULT FOUNDATION IS ON A MISSION TO IMPOVE THE QUAILITY OF LIFE IN FARIBAULT THROUGH THE GENEROSITY OF DONORS. TO ACCOMPLISH THIS MISSION WE ARE GROWING OUR COMMUNITY FOUNDATION, AND GRANTS WILL BE FOCUSED IN THE FARIBAULT COMMUNITY. MAKING AN IMPACT FOR OUR NON PROFITS AND ENHACING OUR COMMUNITIES PROGRAMS. CURRENTLY OUR MOST SIGNIFICANT ACTIVITY IS TRYING TO GROW OUR ASSETS UNDER MANAGEMENT AND EDUCATE THE COMMUNITY ON WHAT A FOUNDATION DOES AND HOW IT CAN HELP THE ENTIRE COMMUNITY.

Officers & Directors

PRESIDENT Chad Koepke
DIRECTOR Chad Wolff
VICE PRESIDENT Christine Shaffer-Brown
SECRETARY Dr Michael Richie
DIRECTOR Dr Sarah Beckmann
DIRECTOR Jeff Jandro

Officer compensation and complete director data available with membership.

Top Grant Purposes

PHILANTHROPY
$514,189 1 grant
PUBLIC, SOCIETAL BENEFIT
$88,428 1 grant
GENERAL OPERATING SUPPORT
$10,000 1 grant
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
$10,000 1 grant
MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES
$9,087 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.5M $381K $3.4M
2023 $1.1M $137K $1.1M

Between 2023 and 2024, reported annual revenue grew from $1.1M to $2.5M (+117%), with total assets most recently reported at $3.4M.

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

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