Rochester Area Foundation
Rochester Area Foundation
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About this organization
Mission
Building and enhancing the quality of life in the greater Rochester area through philanthropic leadership and community partnerships. The Rochester Area Foundation serves the 30-mile radius surrounding Rochester, Minnesota.
About
Rochester Area Foundation (RAF) currently serves emerging charitable projects with fiscal sponsorship arrangements as they develop innovative responses to unmet community needs. Fiscally sponsored projects can accept tax-deductible donations from individuals and grantmakers while focusing on program work and fundraising. RAF provides financial infrastructure, regulatory oversight, and grants and donor management. Shared administrative costs across multiple projects and discounts on training lead to overall cost savings and experienced Rochester Area Foundation staff are available for advice and encouragement. Grants were provided to support early care and education of children ages 0-5; gang intervention planning, minority teacher recruitment, financial literacy counseling, and starter homes for working families.
Interesting data from their 2020 990 filing
The non-profit's mission, as documented in the filing, is “Building and enhancing the quality of life in the greater rochester area through philanthropic leadership and community partnerships.”.
When explaining its purpose, the activities were described as: “Building and enhancing the quality of life in the greater rochester area through philanthropic leadership and community partnerships.”.
- The non-profit is legally allowed to operate in the state of MN, as reported.
- The filing provides the non-profit's address in 2020 as 12 ELTON HILLS DRIVE NW, ROCHESTER, MN, 55901.
- The non-profit has a total of 10 employees, as reported on their form for 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $1,424,687.
- The organization has 16 independent voting members.
- The organization was formed in 1944.
- The organization pays $357,032 in salary, compensation, and benefits to its employees.
- The organization pays $86,628 in fundraising expenses.