Central Lakes College Foundation
THE ORGANIZATION PROVIDES SCHOLARSHIPS AND HOUSING TO STUDENTS ATTENDING CENTRAL LAKES COLLEGE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.4M
+12.6% YoY
Annual Giving
$846K
Grant Count
1
Avg Grant Size
$846K
About Central Lakes College Foundation
Based on IRS filings
Central Lakes College Foundation is a nonprofit organization focused on Academics, based in BRAINERD, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.4M in total assets. In 2024, it awarded 1 grants totaling $846K. Net investment income was $292K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,403,531 | $12,795,464 | $11,958,499 |
| Revenue | $3,002,200 | $2,652,455 | $3,188,442 |
| Expenses | $2,596,566 | $2,754,138 | $1,916,730 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $291,668 | $-45,503 | $1,018,434 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Central Lakes College ($845,993).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRAL LAKES COLLEGE BRAINERD, MN | ASSISTANCE TO CENTRAL LAKES COLLEGE AND STUDENT SCHOLARSHIPS | $845,993 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATE ADORNETTO | FORMER EXECUTIVE DIRECTOR | 40 | — |
| JON AGA | EXECUTIVE DIRECTOR | 40 | — |
| BRAD CHAPULIS | PRESIDENT | 2 | — |
| MIKE BJERKNESS | VICE PRESIDENT | 2 | — |
| LISA WIGAND | TREASURER | 2 | — |
| BARBARA ANDERSON | SECRETARY | 2 | — |
| JIM BENSON | PAST PRESIDENT | 1 | — |
| HARA CHARLIER | EX-OFFICIO | 1 | — |
| NATHAN HAMILTON | PAST PRESIDENT | 1 | — |
| JENNIFER BERGMAN | DIRECTOR | 1 | — |
| MERRICK DRESNIN THRU 1123 | DIRECTOR | 1 | — |
| BETH GRUBER | DIRECTOR | 1 | — |
| KATIE HEPPNER | DIRECTOR | 1 | — |
| ROBB KOLODZIEJ | DIRECTOR | 1 | — |
| JOHN OHLIN | DIRECTOR | 1 | — |
| BRAD PERSON THRU 1123 | DIRECTOR | 1 | — |
| MATT SUNDQUIST | DIRECTOR | 1 | — |
| STEVE WENZEL | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Central Lakes College Foundation?
Central Lakes College Foundation is a nonprofit organization focused on Academics, based in BRAINERD, MN. It holds $14.4M in total assets as of 2024.
How large is Central Lakes College Foundation?
As of 2024, Central Lakes College Foundation holds $14.4M in total assets with $3.0M in annual revenue. It awarded 1 grants totaling $846K in 2024.
Where does Central Lakes College Foundation operate?
Central Lakes College Foundation has awarded grants in Minnesota.
What size grants does Central Lakes College Foundation award?
In 2024, Central Lakes College Foundation awarded 1 grants totaling $846K — an average of about $846K per grant, based on its IRS Form 990 filings.
What is Central Lakes College Foundation's EIN?
Central Lakes College Foundation's EIN (Employer Identification Number) is 23-7007111. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Central Lakes College Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.