Public Charity

ROCHESTER AREA FOUNDATION

Based in ROCHESTER, MN, ROCHESTER AREA FOUNDATION operates as a Public Charity. The organization reported $11.1M in revenue, $8.9M in expenses, $68.3M in total assets for fiscal year 2024. Imperigo tracks 46 reported grant relationships connected to this organization totaling approximately $10.9M.

EIN: 416017740 ROCHESTER, MN Latest filing: 2024
Total Revenue$11.1M
Total Expenses$8.9M
Total Assets$68.3M
Grant Records46
Funding Total$10.9M
Filing Years2019–2024

Mission

BUILDING AND ENHANCING THE QUALITY OF LIFE IN THE GREATER ROCHESTER AREA THROUGH PHILANTHROPIC LEADERSHIP AND COMMUNITY PARTNERSHIPS.

Officers & Directors

TRUSTEE Beth Krehbiel
SECRETARY Chris Wendland
CHAIR Dave Oeth
TRUSTEE Dr Kathy Lombardo
TRUSTEE Erin Sexton
TRUSTEE Harold Burden

Officer compensation and complete director data available with membership.

Top Grant Purposes

SUPPORT CHARITABLE PROGRAMS
$8,985,000 10 grants
GENERAL SUPPORT
$399,881 1 grant
For grant recipient's exempt purposes
$370,875 2 grants
Challenge Fund
$235,000 3 grants
DESIGNATIONS AND PROGRAM AWARD
$183,269 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $11.1M $8.9M $68.3M
2023 $15.9M $6.4M $61.1M
2022 $8.0M $6.8M $45.9M
2020 $8.7M $6.5M $40.0M
2019 $8.8M $3.9M $38.1M

Between 2019 and 2024, reported annual revenue grew from $8.8M to $11.1M (+26%), with total assets most recently reported at $68.3M.

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

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