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Central Lakes College Foundation

BRAINERD, MN EIN: 23-7007111 Website

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, 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Brainerd

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$877K$2M$3M$4M20202021202220232024
Metric202420232022
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

$0$211K$423K$634K$846K0 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

CENTRAL LAKES COLLEGE$846K

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KATE ADORNETTOFORMER EXECUTIVE DIRECTOR40
JON AGAEXECUTIVE DIRECTOR40
BRAD CHAPULISPRESIDENT2
MIKE BJERKNESSVICE PRESIDENT2
LISA WIGANDTREASURER2
BARBARA ANDERSONSECRETARY2
JIM BENSONPAST PRESIDENT1
HARA CHARLIEREX-OFFICIO1
NATHAN HAMILTONPAST PRESIDENT1
JENNIFER BERGMANDIRECTOR1
MERRICK DRESNIN THRU 1123DIRECTOR1
BETH GRUBERDIRECTOR1
KATIE HEPPNERDIRECTOR1
ROBB KOLODZIEJDIRECTOR1
JOHN OHLINDIRECTOR1
BRAD PERSON THRU 1123DIRECTOR1
MATT SUNDQUISTDIRECTOR1
STEVE WENZELDIRECTOR1

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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