Public Charity

FARIBAULT FOUNDATION INC

FARIBAULT FOUNDATION INC is a private foundation categorized as Public Charity based in FARIBAULT, MN. Its most recent IRS filing (2025) reports revenue of $1.9M, expenses of $717K, total assets of $4.7M. Imperigo tracks 22 reported grants from this foundation totaling approximately $495K.

EIN: 411931735 FARIBAULT, MN Public Foundations NTEE: T30 Latest filing: 2025
Total Revenue$1.9M
Total Expenses$717K
Total Assets$4.7M
Grants Given22
Grant Total$495K
Filing Years2023–2025

Mission

THE FARIBAULT FOUNDATION IS ON A MISSION TO IMPOVE THE QUALITY 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 ENHANCING 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.

Where $100 goes at Faribault Foundation Inc

How Faribault Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$66 Programs the work itself
$22 Management running the organization
$12 Fundraising raising the next dollar

Inside the $66 for programs

$66
Fund advisor services
All program spending · Reported in the filing: 100 women; 100 men
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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 Given

CITY OF FARIBAULT
FARIBAULT, MN · 2025
VIADUCT PARK PROJECT
$223,442
DIVINE MERCY CATHOLIC CHURCH
FARIBAULT, MN · 2025
KITCHEN FUND/DEDICATION OF COMMONS
$30,000
RUTH'S HOUSE
FARIBAULT, MN · 2025
GENERAL OPERATING SUPPORT
$29,464
PARADISE CENTER FOR THE ARTS
FARIBAULT, MN · 2025
GENERAL OPERATING SUPPORT
$20,000
RIVER VALLEY CHURCH
FARIBAULT, MN · 2025
GENERAL OPERATING SUPPORT
$14,800

Showing up to 5 of 22 total records — full history available with membership.

Officers & Directors

TREASURER Chad Koepke
SECRETARY Chad Wolff
PRESIDENT Christine Shaffer-Brown
DIRECTOR Daryl Bauer
VICE PRESIDENT Dr Michael Richie
DIRECTOR Dr Sarah Beckmann

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$271,636 21 grants
Environment & Conservation
$223,442 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.9M $717K $4.7M
2024 $2.5M $381K $3.4M
2023 $1.1M $137K $1.1M

Between 2023 and 2025, reported annual revenue grew from $1.1M to $1.9M (+65%), with total assets most recently reported at $4.7M.

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

Grant Geography

Grants from this foundation were reported to recipients in MN, NC.

MNNC

Full geographic grant map with state-by-state breakdown available with membership.

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