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Fergus Area College Foundation

Fergus Area College Foundation

Fergus Falls, MN 56537
Tax ID41-6054755

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Amount

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About this organization

Revenue

$1,059,071

Expenses

$932,182

Website

facfmstate.org

Mission

The Fergus Area College Foundation, a charitable organization, exists to provide financial resources and advocacy for the development and advancement of Minnesota State Community and Technical College, Fergus Falls.

About

Scholarships to MSCTC students to defray their educational expenses. Students received awards ranging from 500 to 5000.

Interesting data from their 2020 990 filing

The non-profit's mission is outlined in the filing as being “The fergus area college foundation, a charitable organization, exists to provide financial resources and advocacy for the development and advancement of minnesota state community and technical college, fergus falls.”.

When outlining its responsibilities, they were referred to as: “The fergus area college foundation, a charitable organization, exists to provide financial resources and advocacy for the development and advancement of minnesota state community and technical college, fergus falls.”.

  • The filing reveals the non-profit's address in 2020 to be 1414 COLLEGE WAY, FERGUS FALLS, MN, 56537.
  • As per the non-profit's form for 2020, they have 0 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Provides credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $126,889.
  • The CEO compensation scheme within the organization is not based on a review and endorsement by an impartial party.
  • The organization has 15 independent voting members.
  • The organization was formed in 1966.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $143,246 in salary, compensation, and benefits to its employees.
  • The organization pays $128,029 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

Additional Non-Profits in the area

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