South Central College Faribault Campus Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411451735 ✦ Faribault, MN ✦ Designated as a 501(c)(3)

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Overview

What is South Central College Faribault Campus Foundation?

The South Central College Faribault Campus Foundation is a nonprofit organization situated in Faribault, Minnesota. Its primary mission is to foster post-secondary education by granting scholarship funds to eligible students from South Central College Faribault Campus (SCCFC), enabling them to pursue undergraduate studies at a four-year college within the city. The foundation plays a significant role in supporting academic growth and opportunities for its beneficiaries.


Official website here: www.fatefound.com

Is South Central College Faribault Campus Foundation legitimate?

South Central College Faribault Campus Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Central College Faribault Campus Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $83,077
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fatefound.com

What is the mission statement of South Central College Faribault Campus Foundation?

The South Central College Faribault Campus Foundation's mission is centered around supporting post-secondary education. It achieves this by providing scholarship funds to students pursuing a 4-year undergraduate degree, specifically at a college located in Faribault, Minnesota. The foundation's primary goal is to contribute to the higher education of its students, thereby empowering them with the necessary resources to further their academic journey.


Official website here: www.fatefound.com

What is the revenue of South Central College Faribault Campus Foundation?

South Central College Faribault Campus Foundation's revenue in 2023 was $180,110.


Official website here: www.fatefound.com

Who are the executives of South Central College Faribault Campus Foundation and what are their salaries?

The average compensation at South Central College Faribault Campus Foundation during 2023 was $83,077. There is 1 employee and 24 volunteers at South Central College Faribault Campus Foundation.

Here are 13 key members and their salaries:


Tim Finley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gramse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Richard Berge (Honorary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ibrahim Khalif (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Kaderlik (Executive Director)
  • Compensation: $77,692
  • Related: $0
  • Other: $0
Richard Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Voegele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barton Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Miller (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Weaverling (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Cheryl Freund (At Lg Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dick Huston (At Lg Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Robinson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fatefound.com

Where can I find the form 990 for South Central College Faribault Campus Foundation?

South Central College Faribault Campus Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.fatefound.com

Learn more at the official website: www.fatefound.com

Mission Statement of South Central College Faribault Campus Foundation

The South Central College Faribault Campus Foundation, in essence, is committed to advancing post-secondary education. They achieve this mission by providing scholarship funds to students of South Central College Faribault Campus (SCCFC) who pursue their undergraduate studies at a four-year college in Faribault, Minnesota. This foundation plays a significant role in fostering educational opportunities, thereby empowering students to further their academic journey. By offering financial aid, the South Central College Faribault Campus Foundation helps to alleviate some of the financial burdens associated with higher education, enabling more individuals to seize the chance to build their futures through post-secondary education.

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Impact




October, 2024

The South Central College Faribault Campus Foundation significantly enhances post-secondary education by providing essential scholarship funds to students attending the South Central College Faribault Campus. By facilitating access to financial resources, the foundation enables students to pursue their educational goals at a 4-year undergraduate college in Faribault, MN. This support not only alleviates financial burdens but also fosters academic success and personal growth, empowering students to thrive in their educational journeys and beyond. The foundation's commitment to education plays a vital role in shaping the future of the community by investing in the scholars of tomorrow.




This information is meant to be a general summary of South Central College Faribault Campus Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$180,110 (2023)
Expenses
$257,510 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $98,734
  • Gross Receipts: $408,226

Assets and Liabilities:

  • Total Assets: $3,318,761
  • Total Liabilities: $192,286
  • Net Assets: $3,126,475

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Organization Details

Founding Year

1983

Principal Officer

Gail Kaderlik

NTEE Category

Code: B82 - Education

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